The Make in India campaign has three main objectives: 1) Make India a renowned manufacturing hub for key sectors by inviting global companies to invest and set up factories in India. 2) Use India's skilled workforce to create world-class, zero defect products. 3) Achieve job creation, economic development, and global recognition through manufacturing in India and selling products worldwide. The campaign aims to achieve these objectives by launching skill development programs, focusing on 25 key sectors, and opening over 1000 training centers across India. Successful implementation of Make in India could help create over 10 million new jobs and boost India's GDP, trade, and economic growth.
Make in India Campaign Boosts GDP and Attracts Global Investments
1.
2. MAKE IN INDIA CAMPAIGN OBJECTIVE
• ULTIMATE OBJECTIVE IS TO MAKE INDIA A RENOWNED
MANUFACTURING HUB FOR KEY SECTORS. COMPANIES ACROSS THE
GLOBE WOULD BE INVITED TO MAKE INVESTMENT AND SET UP
FACTORIES AND EXPAND THEIR FACILITIES IN INDIA
• USING INDIA’S HIGHLY TALENTED AND SKILLED MANPOWER TO
CREATE WORLD CLASS ZERO DEFECT PRODUCTS.
• THE PURPOSE OF MAKE IN INDIA CAMPAIGN-
1.JOB CREATION
2.ECONOMIC DEVELOPMENT
3.GLOBAL RECOGNITION
MISSION
“MANUFACTURE IN INDIA AND SELL THE PRODUCTS
WORLDWIDE.”
6. WHEN IT WAS ANNOUNCED?
• INDIA’S HONORABLE PRIME MINISTER SHRI. NARENDRA
MODI WILL MAKE AN SHORT INVESTMENT PITCH AT
VIGYAN BHAVAN CONVENTION CENTER IN NEW DELHI ON
25TH SEP. 2014.
7. WHY MAKE IN INDIA?
• THE FIRST AND MOST IMPORTANT CONDITION IN ORDER TO MAKE IN INDIA IS
TO HAVE A LOW INFLATION REGIME WHERE POLICIES ARE PREDICTABLE AND
CONSISTENT.
• HIGH INFLATION REDUCES TWO INGREDIENTS OF A SUCCESSFUL MAKE IN INDIA
CAMPAIGN
1. CAPITAL ACCUMULATION &
2. THE RATE OF CHANGE IN PRODUCTIVITY.
• BEYOND INFLATION, MAKE IN INDIA INVESTORS WILL LOOK FOR POLICY
STABILITY WITH RESPECT TO TRADE, DUTIES i.e. BOTH IMPORT AND EXPORT
AND TAXATION.
8. Contribution by the Sectors to Economy
A g r i c u l t u r e M a n u f a c t u r i n g S e r v i c e
9. HOW THIS WOULD BE ACHIEVED?
• SKILL DEVELOPMENT PROGRAMS WOULD BE LAUNCHED ESPECIALLY FOR
PEOPLE FROM RURAL AND POOR ONES FROM URBAN CITIES.
• 25 KEY SECTORS HAVE BEEN SHORT LISTED SUCH AS TELECOMMUNICATIONS,
POWER, AUTOMOBILE, TOURISM, PHARMACEUTICALS AND OTHERS.
• INDIVIDUALS AGED 15-35 YEARS WOULD GET HIGH QUALITY TRAINING IN THE
FOLLOWING KEY AREAS SUCH AS WELDING, MASONRIES, PAINTING, NURSING
TO HELP ELDER PEOPLE.
• SKILL CERTIFICATIONS WOULD BE GIVEN TO MAKE TRAINING PROCESS, A
STANDARD. CURRENTLY MANUFACTURING IN INDIA SUFFERS DUE TO LOW
PRODUCTIVITY RIGID LAWS AND POOR INFRASTRUCTURE RESULTING IN LOW
QUALITY PRODUCTS GETTING MANUFACTURED.
• OVER 1000 TRAINING CENTRES WOULD BE OPENED ACROSS INDIA IN THE NEXT
10. BENEFITS FROM MAKE IN INDIA CAMPAIGN
• THIS WILL HELP IN CREATING JOB MARKET FOR OVER 10 MILLION
PEOPLE IN INDIA
• MANUFACTURING DONE HERE WOULD BOOST INDIA’S GDP, TRADE
AND ECONOMIC GROW
11. TOP CORPORATE COMPANIES ATTENDED
MAKE IN INDIA CAMPAIGN:
• TATA GROUP
• RELIANCE INDUSTRIES
• BIOCON
• SAMSUNG
• HONDA
• AIRBUS
• WIPRO
• VODAFONE
12. TOP 2 REASONS: WHY ‘MAKE IN INDIA’ IS
POSITIVE FOR MARKETS, ECONOMY..?
• "WE SHOULD MANUFACTURE GOODS IN SUCH A WAY THAT THEY
CARRY ZERO DEFECTS, SO THAT OUR EXPORTED GOODS ARE
NEVER RETURNED TO US. WE SHOULD MANUFACTURE GOODS WITH
ZERO EFFECT THAT THEY SHOULD NOT HAVE A NEGATIVE IMPACT
ON THE ENVIRONMENT" PM MODI SAID IN HIS SPEECH ON 68TH
INDEPENDENCE DAY.
14. HERE IS THE COLLATED A LIST OF STOCKS FROM VARIOUS SECTORS,
WHICH ARE LIKELY TO BENEFIT AS INDIA MARCHES FORWARD ON
THE GROWTH MAP:
• INFRASTRUCTURE SECTOR: LARSEN AND TOUBRO, IRB INFRA AND ADANI PORTS
SHOULD BE THE KEY BENEFICIARIES OF POLICY MOVES ON BUILDING TRANSPORT
INFRASTRUCTURE
• POWER SECTOR: POWER GRID CORP SHOULD BE THE BIGGEST BENEFICIARY OF
THE SECOND GENERATION REFORMS IN THE POWER SECTOR
• BANKING: AXIS BANK, ICICI BANK, SBI, PFC AND REC SHOULD BE THE KEY
BENEFICIARIES OF INDIA'S BIG INFRA OPPORTUNITY, GIVEN THEIR DOMAIN
EXPERTISE IN INFRA FINANCING.
• OIL & GAS: ONGC IS SET TO EMERGE AS THE BIGGEST BENEFICIARY OF THE
DRAMATIC REDUCTION IN FUEL SUBSIDY OVER THE NEXT FIVE YEARS.
• METALS & MINING: TATA STEEL, JSW STEEL AND ULTRATECH SHOULD BE KEY
15. SECOND REASON- NEED TO INCREASE FDI
• EACH 1 PER CENT INCREASE IN FDI ADDS ABOUT 0.4 PER CENT TO
A COUNTRY'S GDP GROWTH. SO, TO BOOST GDP GROWTH BY
ABOUT 2 PER CENT, INDIA WILL NEED ABOUT 5 PER CENT INCREASE
IN FDI.