This prsentation is about the development caused by the make in india campaign in various sectors. Finally improving our economy

1. “MAKE IN INDIA CAMPAIGN HAS MADE INDIA THE NEXT
GLOBAL MANUFACTURING DESTINATION”

2. WHAT IS IT?
• On 25 September 2014, India's Prime Minister, Narendra
Modi, launched the 'Make in India' campaign to tell the
world that things are changing in India: doing business is
going to get easier, efficient and transparent. In his
Independence Day speech on 15 August, the PM invited
businesses from across the world saying, "Come, make in
India! Come, manufacture in India! Sell in any country of
the world but manufacture here."
• Consequently, 'Make in India' is a programme for making
India's environment conducive to business. The
Government aims to eliminate unnecessary laws and
regulations and shorten bureaucratic processes, upgrade
physical infrastructure to support growth, open up more
sectors to foreign direct investment (FDI), and most
importantly, be seen as a true business partner instead
of a mere 'permit-issuing authority'.

3. THE CAUSE
• Manufacturing accounts for only 15% of India's GDP,
which is dismal compared to other developing South East
Asian nations. The Indian Government wants to raise that
share to 25% by 2022 and is committed to transforming
India into a global manufacturing destination, while
ensuring that goods are manufactured with 'zero defect'
and with 'zero effect' on the environment.
• The Government has identified 25 sectors that India
could become a world leader in and listed growth drivers,
investment opportunities, the FDI policy, sectoral policies
and specific reasons to invest in each sector. These
sectors include automobiles, aviation, biotechnology,
chemicals, construction, defence manufacturing,
electronics, information technology and Business Process
Management, pharmaceuticals, renewable energy,
textiles, ports, tourism and hospitality, wellness, etc.

4. VISIBLE IMPACTS
• It is evident that in the first four months of the new Modi
Government, there has been a remarkable shift in domestic
as well as foreign investor sentiment. FDI equity inflows
were up 52% at USD 10.7 billion during April–July 2014.
Investments (equity and debt) by Foreign Portfolio
Investors/Foreign Institutional Investors rose to USD 20.5
billion in the first five months of FY 2014-15 compared to
USD 8.6 billion in the whole of FY 2013-14.
• Real GDP growth accelerated to 5.7% in Q1 2014-15
compared to 4.7% in the same period last year.
Manufacturing sector growth as measured by the Index of
Industrial Production (IIP) rose to 2.3% during April–July
2014 compared to a 0.1% decline in the corresponding
period of the previous year. Cumulative exports for April–
August 2014 were also 7.3% higher at USD 135 billion.

5. INTERNATIONAL ENGANGEMENTS
• Modi has been actively engaging with international leaders over the
last few months, following which several investment commitments
have been made and agreements signed. Japan has committed to USD
35 billion of investment and financing to India, and China has
committed to investing USD 20 billion over the next five years. Several
areas of cooperation have also been identified with both countries,
including setting up industrial parks, building infrastructure, etc. India
and Australia signed a bilateral Civil Nuclear Cooperation Agreement,
enabling the sale of Australian uranium to support India's growing
energy needs.
• Besides India's 'Look East' policy, Modi added that it was essential to
'Link West' in an increasingly globalised world. The PM is on his way to
USA to explore areas of cooperation between India and the United
States as well as to have several multilateral talks. He also has a series
of meetings lined up with 17 CEOs/business heads of leading
organisations, which include Boeing, IBM, General Electric, BlackRock,
Goldman Sachs, Google, Mastercard and Pepsi among others.
NARENDRA MODI MEETING
MICROSOFT CEO SATYA
NADELLA

6. OPTIMISM IN THE YEAR
• During the launch of the 'Make in India' campaign,
Modi urged investors not to look at India merely as
a market, but to see it as an opportunity. He stated
that India is blessed with three Ds – democracy,
demographic dividend and demand – which would
not only help build businesses but also help build a
vibrant India.
• India's inherent advantages and the new
Government's initiatives make it an attractive
investment destination like never before and this
optimism is being echoed all over the world. The
execution and impact of the initiatives will only be
seen with time. However, for now, it is clear that
India is open for business.

7. A PRESENTATION BY-
ADITYA SARKAR
S5D