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LEGAL ASPECTS OF :
 START-UP IN INDIA
 MAKE IN INDIA
MAKE IN INDIA
OBJECTIVE
• To Make India A Global Hub
• To Encourage Multi-national, As Well As Domestic
Companies To Manufacture Their Products In India.
• To Focus On Job Creation And Skill Enhancement
KEY POLICIES
EASE OF DOING BUSINESS
INTELLECTUAL PROPERTY RIGHTS
FOREIGN DIRECT INVESTMENT
NATIONAL MANUFACTURING
1
3
2
4
SUCCESSFUL EXAMPLES OF MAKE IN INDIA
AUTOMOBILE
RENEWABLE
ENERGY
RAILWAYS
DEFENCE
ISSUES IN MAKE IN INDIA
 Existing Stringent Procedural And Regulatory Clearance
 High Tax Rate
 Need Of Focus In MSME Sector
 Competition From China
 To Increase Imports And R&D
 Political Gridlock
 Too Many Eggs In One Basket
RECENT POLICY MEASURES
 Union Budget Proposal To Boost Make In India
 Incentive Package For Leather Industry
 Central Statistics Data To Be Shared For The First Time
INTERNATIONAL COMPARISON
 USA’s : PCAST (The President's Council Of Advisors On Science
And Technology)
 Germany’s Industry 4.0 : Fully Automated Factories With Cyber-
physical Systems
 Made In China 2025: Aims to transform from just a manufacturing
giant into an information, technology and innovation driven sector
CASE STUDY
MAKE IN INDIA: THE PHONE SIDE OF THE STORY
 The new policy increased the import duties to 12.5% from previous 5%
 The first move : local OEM Micromax.
 Samsung and Sony
 Taiwanese Company - HTC
 Chinese brands too like Xiaomi.
 Local OEMs like Karbonn, Intex are now following the mantra.
START UPS
• The campaign was first introduced by Prime Minster Narendra Modi
on 15 August 2015
• Action plan aimed at promoting bank financing for start-up ventures
to boost entrepreneurship
• Generate large scale employment opportunities
ACTION PLAN FOR START UP
A. Simplification and Handholding
B. Funding Support and Incentives
C. Industry-Academia Partnership and Incubation
A. Simplification and handholding
 Compliance regime based on self-certification
 Startup India Hub
 Relaxed norms of public procurement of startup
 Faster exit for start up
B. Funding Support and Incentives
 Providing funding support through funds of funds
 Credit guarantee fund for start up
 Tax exemption on capital gains
C. Industry-Academia Partnership and Incubation
 Harnessing private sector expertise for incubator setup
STATISTICS
INTERNATIONAL COMPARISON
SECTOR USA INDIA CHINA
Ecommerce Amazon Flipkart Alibaba
On-Demand taxi Uber Ola Didi
Hospitality Airbnb Oyo rooms Tujia
Food tech Yelp Zomato Dianping
E-Cars Tesla Mahindra reva BYD
CASE STUDY
START-UP : CITYFLO
 Features
 Public Transport Redefined
 Funding
 Journey / Legal Issues
RECOMMENDATIONS
 Significant Investment
 Government R&D Institutes And Universities
 Need For Integrated Approach For Tax
 Encouragement From State Governments
THANK YOU !
Sr. No Name Roll No
1 Dhruven Shah 102
2 Onkar Bane 104
3 Chryselle Rodrigues 106
4 Ritika Punwani 108
5 Ruchi Panchal 110
6 Saurabh Dande 112
7 Devanshi Doshi 114
8 Deepika Joshi 116
9 Rachana Mandlik 118
10 Shruti Naik 120

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LEGAL ASPECTS (Final)new

  • 1. LEGAL ASPECTS OF :  START-UP IN INDIA  MAKE IN INDIA
  • 2. MAKE IN INDIA OBJECTIVE • To Make India A Global Hub • To Encourage Multi-national, As Well As Domestic Companies To Manufacture Their Products In India. • To Focus On Job Creation And Skill Enhancement
  • 3. KEY POLICIES EASE OF DOING BUSINESS INTELLECTUAL PROPERTY RIGHTS FOREIGN DIRECT INVESTMENT NATIONAL MANUFACTURING 1 3 2 4
  • 4. SUCCESSFUL EXAMPLES OF MAKE IN INDIA AUTOMOBILE RENEWABLE ENERGY RAILWAYS DEFENCE
  • 5. ISSUES IN MAKE IN INDIA  Existing Stringent Procedural And Regulatory Clearance  High Tax Rate  Need Of Focus In MSME Sector  Competition From China  To Increase Imports And R&D  Political Gridlock  Too Many Eggs In One Basket
  • 6. RECENT POLICY MEASURES  Union Budget Proposal To Boost Make In India  Incentive Package For Leather Industry  Central Statistics Data To Be Shared For The First Time
  • 7. INTERNATIONAL COMPARISON  USA’s : PCAST (The President's Council Of Advisors On Science And Technology)  Germany’s Industry 4.0 : Fully Automated Factories With Cyber- physical Systems  Made In China 2025: Aims to transform from just a manufacturing giant into an information, technology and innovation driven sector
  • 8. CASE STUDY MAKE IN INDIA: THE PHONE SIDE OF THE STORY
  • 9.  The new policy increased the import duties to 12.5% from previous 5%  The first move : local OEM Micromax.  Samsung and Sony  Taiwanese Company - HTC  Chinese brands too like Xiaomi.  Local OEMs like Karbonn, Intex are now following the mantra.
  • 10. START UPS • The campaign was first introduced by Prime Minster Narendra Modi on 15 August 2015 • Action plan aimed at promoting bank financing for start-up ventures to boost entrepreneurship • Generate large scale employment opportunities
  • 11.
  • 12.
  • 13. ACTION PLAN FOR START UP A. Simplification and Handholding B. Funding Support and Incentives C. Industry-Academia Partnership and Incubation
  • 14. A. Simplification and handholding  Compliance regime based on self-certification  Startup India Hub  Relaxed norms of public procurement of startup  Faster exit for start up B. Funding Support and Incentives  Providing funding support through funds of funds  Credit guarantee fund for start up  Tax exemption on capital gains C. Industry-Academia Partnership and Incubation  Harnessing private sector expertise for incubator setup
  • 16.
  • 17.
  • 18. INTERNATIONAL COMPARISON SECTOR USA INDIA CHINA Ecommerce Amazon Flipkart Alibaba On-Demand taxi Uber Ola Didi Hospitality Airbnb Oyo rooms Tujia Food tech Yelp Zomato Dianping E-Cars Tesla Mahindra reva BYD
  • 20.
  • 21.  Features  Public Transport Redefined  Funding  Journey / Legal Issues
  • 22. RECOMMENDATIONS  Significant Investment  Government R&D Institutes And Universities  Need For Integrated Approach For Tax  Encouragement From State Governments
  • 23. THANK YOU ! Sr. No Name Roll No 1 Dhruven Shah 102 2 Onkar Bane 104 3 Chryselle Rodrigues 106 4 Ritika Punwani 108 5 Ruchi Panchal 110 6 Saurabh Dande 112 7 Devanshi Doshi 114 8 Deepika Joshi 116 9 Rachana Mandlik 118 10 Shruti Naik 120

Editor's Notes

  1. AUTOMOBILE: FDI policy: 100% FDI is allowed under the automatic route in the auto sector, subject to all the applicable rules and regulations Reasons to invest: By 2016, India is expected to be the third largest automotive market by volume in the world. Tractor sales in the country are expected to grow at CAGR of 8-9% in the next five years, upping India’s market potential for international brands. Two-wheeler production has grown from 8.5 Million units annually to 15.9 Million units in the last seven years. Investors: Responding to this, major foreign players have announced plans to manufacture components for luxury cars – such as Mercedes Benz – and localizing manufacturing to lower costs – such as BMW, Volvo, Renault and Ford. Auto component manufacturing in India is already genuinely competitive in the global market – Hyundai, Honda, and Toyota all make parts in India on a reliable basis and are increasing exports. Recently, General Motors announced it will invest US $1 billion in its bid to make cars for domestic consumption and export.   DEFENCE: FDI Policy: Up to 49% investment is allowed under the government route, above 49% on a case-to-case basis on approval by the Cabinet Committee on Security. The requirement of single largest Indian ownership of 51% of equity removed. A lock-in period of three years on equity transfer has been done-away with in FDI for defence. Reasons to invest: India’s current requirements on defence are catered largely by imports. Opportunities to avail defence offset obligations to the tune of approximately INR 250 Billion during the next 7-8 years. The government polices of promoting self-reliance, indigenization, technology upgradation and achieving economies of scale and developing capabilities for exports in the defence sector. High government allocation for defence expenditure. Investors: Hyundai Heavy Industries (HHI) of South Korea has announced it will work with Hindustan Shipyard Limited to build warships in India, while Samsung has agreed to build LNG tankers with Kochi Shipyard. Reliance Infrastructure is in discussion with multiple partners to build nuclear submarines and stealth warships in India. U.S. defense manufacturer Lockheed Martin has been granted clearance for a project office in New Delhi. Reliance Infrastructure is in discussion with officials in Russia to explore opportunity to build nuclear submarines and stealth warships in India, along with other partners.   RENEWABLE ENERGY: FDI Policy: Foreign Direct Investment (FDI) up to 100% is permitted under the automatic route for renewable energy generation and distribution projects subject to provisions of The Electricity Act, 2003. Reasons to invest: India has the fifth largest power generation portfolio worldwide with a power generation capacity of 271.722 GW. Economic growth, increasing prosperity, a growing rate of urbanisation and rising per capita energy consumption has widened access to energy in the country. The country offers unlimited growth potential for the solar PV industry. Investors: The government has designed an attractive incentive package to help achieve this target with foreign companies of all sizes. A number of major corporations have announced investments in the past year, including Foxconn, SoftBank, Bharati Enterprises, Adani Power, Reliance Power and SunEdison. Foreign investors are Suzlon, Enercon,Vestas, RRB, Applied Materials (USA)   RAILWAYS: FDI policy: 100% FDI under automatic route is permitted for the following: Construction, operation and maintenance of suburban corridor projects through PPP. High speed train projects. Railway electrification. Signaling systems. Reasons to Invest: 100% Foreign Direct Investment (FDI) in the railway infrastructure segment has been allowed recently. Indian Railways envisages an investment of INR 8.5 lakh crore in the next five years. The sector aims to boost passenger amenities by involving Public Private Partnership (PPP) investments in provision of foot-over bridges, escalators and lifts at all major stations. Investors: Recently, Indian Railways has invited bids by international suppliers for the procurement and manufacture of 15 train sets. Two train sets will be imported, where as the reminder will need to be manufactured in India – which will result in 40 coaches to be imported and 275 coaches will be manufactured in India. The whole project is estimated to be worth around Rs. 2,500cr. These train sets will be used on faster inter-city travel routes.   MINING: FDI policy: FDI up to 100% is allowed in exploration, mining, minerals processing and metallurgy. FDI in coal mining is allowed for captive consumption only.   Reason to invest: India has vast minerals potential with mining leases granted for longer durations of 50 years. The demand for various metals and minerals will grow substantially over the next 15 years. The power and cement industries also aid growth in the metals and mining sector. India’s strategic location enables convenient exports. India is 4th largest iron ore producer in the world and 5th largest bauxite ore producer in the world Investors: Karnataka Iron Ore Corporation Limited (KIOCL) is offering its pellet plant and blast furnace units to overseas companies under the ‘Make in India’ program, by using it as a tolling plant, wherein KIOCL will convert imported ore or concentrate into pellets and supply back to the customers. National Aluminium Company (NALCO) has approved significant capacity expansion plan to set up a one million tonne alumina refinery at, Odisha at a proposed investment of Rs 5,540cr. NALCO sees increase in demand due to the “Make in India” program, due to which it has decided to ramp up production, despite surplus imports from China