The Challenge
Grow at 10% for 3 decades
Ease of doing business
Making India a part of the global supply chain
Young India – skilling the nation and creating opportunities
Making India an hub for R&D
Making India a centre for large scale manufacturing
Urbanisation – a unique opportunity
Make in India initiative
Pillars of a new resurgent India
New Processes
New R&D
New Design
New Mindset
New Infrastructure
New Innovation
New Sectors
Ease of doing business
Make India the easiest and simplest place to do
business Eliminate paperwork, processes,
procedures, rules & acts
Use technology to leapfrog
Converge & integrate departments
Steps for Ease of Doing Business
Convert from manual to online
Eliminate touch points with applicants
Prepare checklists, adhere to them
Prepare timelines, punish delays
Steps for Ease of Doing Business
Share information across platforms
Eliminate unnecessary steps and requirements
Merge processes wherever possible
Promote self-compliance, self-certification
Initiatives taken by Government for
Defence Sector
Large number of products taken off from licensing list
Licensing requirement removed for dual use items
Time period for implementing licence extended
Validity of security clearance extended
Partial commencement of production to be treated as
commencement for all products
Simplified forms, online application through eBiz
Initiatives taken on Labour
reform
Unified portal (Shram Suvidha) for registration of
Units for LIN, reporting of inspections , submission
of returns and Grievance redressal launched
Employer registration with ESIC and EPFO made
online
Payments for ESIC and EPFO made online with 56
accredited banks
Combined return for 8 labour laws
Initiatives taken for Companies
Amendment in the Companies Act, 2013
introduced to-
Eliminate requirement of minimum paid-up capital
Eliminate requirement of common seal
Elimination of declaration of Commencement of
Business
Initiatives taken for Companies
Incorporation of company made a single step
process by merging options for name availability
and allotment of DIN
Single process for incorporation of company,
allotment of PAN & TAN and registration with ESIC
& EPFO
Other Reforms
Documents required for import and export
reduced to three from 10 and 7 respectively
Online single window for clearance of imported
goods initiated:
• Message exchange with FSSAI & Plant
Quarantine
Customs Clearance Facilitation Committee at
ports to ensure expeditious clearance of goods
11
Initiatives taken by States
Maharashtra
Simplification of process for new electric
connection: reducing 4 processes and 46 days
Integration of VAT and Professional Tax
registration process: Single ID for both taxes
Online registration of shops & establishments
Commercial divisions created in High Court
Initiatives taken by States
NCT of Delhi
Real-time allotment of TIN for VAT registration
Online application for construction permits for
residential and industrial buildings: Elimination
of multiple interaction for applicants
Online registration of shops & establishments
Commercial divisions created in High Court
eBiz- Integration of Services & Payment
Issue of Industrial License
Filing of Industrial Entrepreneurs Memorandum
Employer Registration with ESIC
MCA Name Availability
Issue of Director Identification Number (MCA)
MCA-Certificate Of Incorporation
MCA-Certificate for Commencement of Business
Reporting of Advance Foreign Remittance to RBI
Reporting of FC-GPR
Issue of Permanent Account Number
Allotment of Tax Deduction and Collection Account Number
Employer Registration with EPFO
Importer Exporter Code
License for Possession and Sale or Possession and Use of
Explosives
eBiz- Integration of Services & Payment
Radical Reforms- Ease of doing business
No minimum capital. No common seal. No declaration of
commencement of business
Online & real-time registration with ESIC & EPFO, PAN & TAN
Combined returns under 8 labour laws
Documents for exports and imports reduced from 11 to 3.
Delicensing of defence – 56 % of defence items taken out of
licensing requirement
NRI investments be treated as Indian investments
Making India part of the global supply chain
Liberalized FDI Regime:
Railways - 100%
Construction - 100%
Medical Devices - 100%
Defence - 49%
Insurance and pension funds - 49%
Liberalized Foreign Direct Investment
Regime
India today is one of the most open economies of the
world
100% FDI permitted in Telecom Sector
100% FDI permitted in Asset Reconstruction Companies
100% FDI in single-brand retail
100% FDI in Pharmaceuticals sector
MakeinIndia-impactonFDI(Oct-Apr)
FDI inflows in India – top sectors (2014-15)
Engagement figures
Over 12500 investor queries addressed through the Make in India
portal
21000 visitors on the e-BiZ portal
Subscriber base of 5000 on the e-BiZ portal
3.5 million fans on FB
558,000 followers on Twitter
Delhi – Mumbai industrial corridor
Amritsar – Kolkata industrial corridor
Chennai – Bengaluru industrialcorridor
Bengaluru – Mumbai industrial corridor
Chennai – Vizag industrial corridor
Creating new world class infrastructure
Delhi- Mumbai lndustrial Corridor
Chennai- Bengaluru Industrial Corridor
Bengaluru- MumbaiIndustrial Corridor
Chennai- VizagIndustrial Corridor
National Industrial corridor development authority (NICDA)
being created
Converging Industrial corridors
New Mindset - Red Tape to Red Carpet
24x7 online service to investors across the world
Response query mechanism
Proactive intervention with all state governments
Follow-up with all Government of India departments
Japan+ and Korea+ special desks
100 smart cities
Transforming lives, transforming India
Urban India will contribute 75% of GDP by 2030
700 million Indians to get in the process of urbanisation
Creating an innovative, sustainable India
Urbanisation - a unique opportunity
Using technology to leapfrog - JAM
Jan dhan – 160 million new household accounts
Aadhar – 1 billion aadhar enrolments, Unique identity movement
Mobile – 900 million cell phone users (370 mn in rural areas)
India using mobile technology, unique identity & bank accounts.
Baseline Profitability Index, 2015 (Reported in Foreign
Policy Journal)
India ranked 1st
among 110 countries in 2015 as compared to
6th
in 2014.
World Bank Group: Global Economic Prospects, January,
2015
India to be world's fastest growing big economy by 2017.
OECD
India is the only country among top economies to increase
its pace of growth.
Indian Economy - what the world says:
Indian Economy - what the world says:
UNCTAD News, World Investment Report, 2015
India climbs 6 places from 15th
to 9th
to join the league of
world's top 10 countries by FDI inflows.
Frost and Sullivan, USA Award for Make in India, 2015
Economic Development Innovation Award for Policy and
Programme Implementation Excellence.
Skill India - key challenge
Demographic Dividend – 62% of population in Working Age Group
104 Million to be skill trained by 2022
New dynamic Skill Development & Entrepreneurship Policy
National Occupation Standards laid down by Sector Skill Councils
NSDC is building scalable, for-profit vocational training
institutions across India
New initiatives
Digital India - Transform India into a digitally empowered society
and knowledge economy
Swachh Bharat Abhiyaan and Clean Ganga -
Focuses on building toilets, especially for women and
make India the cleanest country
India at the heart of frugal engineering
Low cost but not low tech!
Renault KWID will do much better than any other car because it has
Indian Genes – Carlos Ghosn, chairman & ceo Renault
General electric’s Mac 400 electro cardio graph (ECG) Machine
{1500$ instead of 10000$ for its predecessor. Cost of ECG just 1$}
Heart surgery costs between 2000$ & 5000& as compared to
20000-100000$ in US
Jaipur foot for US $45 and jaipur knee for US $20 - 50 top
inventions
of the world – Time magazine
Mangalyaan – Mars orbiter mission US 73 Million – 1/10th the cost
of any previous Mars mission.
India - design & innovation
A large consumer market
Large B2B market, one of the largest business to govt markets
India - an innovation lab for companies combining technology,
design, innovation
India - a vibrant nation of startups
Fastest and third largest ecosystem in the world
Technology product, digital & manufacturing startups projected
for rapid growth
10 fold increase in access to capital through VC’s, angel
investment and seed funding
Nation of job creators rather than job seekers
India is in the midst of a startup boom
India - an R&D powerhouse
Leading offshore destination for engineering and R&D
services
Talent, technology & emerging market imperative during
R&D growth.
Resurgence in the number of R&D centers, almost 10,000
companies employing 5,00,000 Indians.
Fostering innovation
Strong TRIPS compliant policy framework
Ease of Access: world-class IT enabled patent offices
Internationally acclaimed systems for International Searching
and Preliminary Examination of patent applications.
Madrid system for international registration of trademarks
GE
Composite material design
Electromagnetic analytics
Nondestructive evaluation technology
Honeywell
Next generation magnetic sensors
Image analysis and computer vision
Intelligent vehicle technologies
General Motors
Smart system modeling
Vehicle structure and safety
Chemical reaction modeling
Source: Zinov Research & Analysis
Snapshot of core research by MNC R&D centers in India
Source: Zinov Research & Analysis
Snapshot of core research by MNC R&D centers in India
Philips
Healthcare systems and technologies
Energy and lighting
Consumer lifestyle technologies
EADS
High performance computing
Avionics
Structures
Siemens
Decentralised energy systems
Embedded systems
S.M.A.R.T.* technologies
Source: Zinov Research & Analysis
Snapshot of core research by MNC R&D centers in India
3M
Abrasives/adhesives
Coatings
NVH materials
ABB
Manufacturing technologies
Communication technologies
Robotics
Automobiles:
India’s car market potential: 6+
Millions units annually by
2020
Auto-components:
Over 35 IPOs of Global OEMs &
Tier 1 procuring from India
Aviation:
9th largest civil aviation market
in the world
Biotechnology:
Amongst top 12 biotech
destinations in the world; 3rd
in the Asia-Pacific region.
Chemicals:
3rd largest in Asia & 6th largest
by output in the world.
.Construction:
Approx. USD 650 billion
required for urban
infrastructure over the next 20
years
Defence:
Up to 49% FDI is now allowed
under the government route and
beyond 49% with the approval
of cabinet committee
Electrical Machinery:
The industry has grown close to
USD 25 billion. It contributes 1.4%
to the nation’s GDP and 10% to
the manufacturing growth.
Electronic Systems
Expected demand to reach
USD 400 Billion by 2020,
aided by government
schemes
Food Processing:
National Food Processing Policy
aims to increase the level of food
processing from 10% in 2010 to
25% in 2025.
Leather:
Total production value of US$11
bn with great potential for exports
and a huge domestic market
Media and Entertainment:
The industry is expected to
register a CAGR of 14.2%,
reaching INR 1785.8 Billion in
2018
Mining:
India has vast minerals
potential with mining leases
granted for longer
durations of 20 to 30 years
Oil and Gas:
Threefold increase in energy
demand expected in India by 2035 to
1,516 mn tonnes of Oil Equivalent
from 563 mn Tonnes of Oil Equivalent
in 2012.
IT & BPM:
The IT-BPM sector
constitutes 8.1% of the
country’s GDP and
contributes significantly to
public welfare
Ports:
Special Economic Zones are being
developed in close proximity to several
ports – comprising coal-based
power plants, steel plants and oil
refineries
Railways:
100% FDI under the auto
route in the railway
infrastructure
segment
Roads and Highways:
Extensive road network of 4.86
mn kms: 2nd largest in the world
Pharmaceuticals: Expected
to rank among top 3
pharmaceutical markets in
terms of incremental growth
by 2020.
Renewable Energy:
India stands fifth in the world
in the overall renewable
energy
capacity installation with an
installed capacity of 33,792MW
Textiles:
India has the second-largest
manufacturing capacity
globally.
Thermal Power:
4 ultra mega power projects
awarded and five more ultra mega
power projects), under the plug
and play model will be set up with
total investments of ₹1 trillion
Tourism:
Foreign tourist arrivals to
India has risen 7.1% to 7.5
million in 2014.
Wellness:
The sector is growing at 20%
from year to year and is projected
to
amount to INR 162 Billion in 2014
Space:
India is a world leader in
low cost space exploration
and
Indian space program
stands out as the most cost
effective in the world
For Queries, Assistance, Hand – Holding contact:
Mr. Siddhartha Anand
Investor Facilitation Cell,
Invest India
Email: Siddhartha.anand@investindia.org.in
+91-11-23487533
+91-11-8750221701
Major-Advancement-in-Ease-of-Business.pptx

Major-Advancement-in-Ease-of-Business.pptx

  • 2.
    The Challenge Grow at10% for 3 decades Ease of doing business Making India a part of the global supply chain Young India – skilling the nation and creating opportunities Making India an hub for R&D Making India a centre for large scale manufacturing Urbanisation – a unique opportunity
  • 3.
    Make in Indiainitiative Pillars of a new resurgent India New Processes New R&D New Design New Mindset New Infrastructure New Innovation New Sectors
  • 4.
    Ease of doingbusiness Make India the easiest and simplest place to do business Eliminate paperwork, processes, procedures, rules & acts Use technology to leapfrog Converge & integrate departments
  • 5.
    Steps for Easeof Doing Business Convert from manual to online Eliminate touch points with applicants Prepare checklists, adhere to them Prepare timelines, punish delays
  • 6.
    Steps for Easeof Doing Business Share information across platforms Eliminate unnecessary steps and requirements Merge processes wherever possible Promote self-compliance, self-certification
  • 7.
    Initiatives taken byGovernment for Defence Sector Large number of products taken off from licensing list Licensing requirement removed for dual use items Time period for implementing licence extended Validity of security clearance extended Partial commencement of production to be treated as commencement for all products Simplified forms, online application through eBiz
  • 8.
    Initiatives taken onLabour reform Unified portal (Shram Suvidha) for registration of Units for LIN, reporting of inspections , submission of returns and Grievance redressal launched Employer registration with ESIC and EPFO made online Payments for ESIC and EPFO made online with 56 accredited banks Combined return for 8 labour laws
  • 9.
    Initiatives taken forCompanies Amendment in the Companies Act, 2013 introduced to- Eliminate requirement of minimum paid-up capital Eliminate requirement of common seal Elimination of declaration of Commencement of Business
  • 10.
    Initiatives taken forCompanies Incorporation of company made a single step process by merging options for name availability and allotment of DIN Single process for incorporation of company, allotment of PAN & TAN and registration with ESIC & EPFO
  • 11.
    Other Reforms Documents requiredfor import and export reduced to three from 10 and 7 respectively Online single window for clearance of imported goods initiated: • Message exchange with FSSAI & Plant Quarantine Customs Clearance Facilitation Committee at ports to ensure expeditious clearance of goods 11
  • 12.
    Initiatives taken byStates Maharashtra Simplification of process for new electric connection: reducing 4 processes and 46 days Integration of VAT and Professional Tax registration process: Single ID for both taxes Online registration of shops & establishments Commercial divisions created in High Court
  • 13.
    Initiatives taken byStates NCT of Delhi Real-time allotment of TIN for VAT registration Online application for construction permits for residential and industrial buildings: Elimination of multiple interaction for applicants Online registration of shops & establishments Commercial divisions created in High Court
  • 14.
    eBiz- Integration ofServices & Payment Issue of Industrial License Filing of Industrial Entrepreneurs Memorandum Employer Registration with ESIC MCA Name Availability Issue of Director Identification Number (MCA) MCA-Certificate Of Incorporation MCA-Certificate for Commencement of Business
  • 15.
    Reporting of AdvanceForeign Remittance to RBI Reporting of FC-GPR Issue of Permanent Account Number Allotment of Tax Deduction and Collection Account Number Employer Registration with EPFO Importer Exporter Code License for Possession and Sale or Possession and Use of Explosives eBiz- Integration of Services & Payment
  • 16.
    Radical Reforms- Easeof doing business No minimum capital. No common seal. No declaration of commencement of business Online & real-time registration with ESIC & EPFO, PAN & TAN Combined returns under 8 labour laws Documents for exports and imports reduced from 11 to 3. Delicensing of defence – 56 % of defence items taken out of licensing requirement NRI investments be treated as Indian investments
  • 17.
    Making India partof the global supply chain Liberalized FDI Regime: Railways - 100% Construction - 100% Medical Devices - 100% Defence - 49% Insurance and pension funds - 49%
  • 18.
    Liberalized Foreign DirectInvestment Regime India today is one of the most open economies of the world 100% FDI permitted in Telecom Sector 100% FDI permitted in Asset Reconstruction Companies 100% FDI in single-brand retail 100% FDI in Pharmaceuticals sector
  • 19.
  • 20.
    FDI inflows inIndia – top sectors (2014-15)
  • 21.
    Engagement figures Over 12500investor queries addressed through the Make in India portal 21000 visitors on the e-BiZ portal Subscriber base of 5000 on the e-BiZ portal 3.5 million fans on FB 558,000 followers on Twitter
  • 22.
    Delhi – Mumbaiindustrial corridor Amritsar – Kolkata industrial corridor Chennai – Bengaluru industrialcorridor Bengaluru – Mumbai industrial corridor Chennai – Vizag industrial corridor Creating new world class infrastructure
  • 23.
  • 24.
  • 25.
  • 26.
  • 27.
    National Industrial corridordevelopment authority (NICDA) being created Converging Industrial corridors
  • 28.
    New Mindset -Red Tape to Red Carpet 24x7 online service to investors across the world Response query mechanism Proactive intervention with all state governments Follow-up with all Government of India departments Japan+ and Korea+ special desks
  • 29.
    100 smart cities Transforminglives, transforming India Urban India will contribute 75% of GDP by 2030 700 million Indians to get in the process of urbanisation Creating an innovative, sustainable India Urbanisation - a unique opportunity
  • 30.
    Using technology toleapfrog - JAM Jan dhan – 160 million new household accounts Aadhar – 1 billion aadhar enrolments, Unique identity movement Mobile – 900 million cell phone users (370 mn in rural areas) India using mobile technology, unique identity & bank accounts.
  • 31.
    Baseline Profitability Index,2015 (Reported in Foreign Policy Journal) India ranked 1st among 110 countries in 2015 as compared to 6th in 2014. World Bank Group: Global Economic Prospects, January, 2015 India to be world's fastest growing big economy by 2017. OECD India is the only country among top economies to increase its pace of growth. Indian Economy - what the world says:
  • 32.
    Indian Economy -what the world says: UNCTAD News, World Investment Report, 2015 India climbs 6 places from 15th to 9th to join the league of world's top 10 countries by FDI inflows. Frost and Sullivan, USA Award for Make in India, 2015 Economic Development Innovation Award for Policy and Programme Implementation Excellence.
  • 33.
    Skill India -key challenge Demographic Dividend – 62% of population in Working Age Group 104 Million to be skill trained by 2022 New dynamic Skill Development & Entrepreneurship Policy National Occupation Standards laid down by Sector Skill Councils NSDC is building scalable, for-profit vocational training institutions across India
  • 34.
    New initiatives Digital India- Transform India into a digitally empowered society and knowledge economy Swachh Bharat Abhiyaan and Clean Ganga - Focuses on building toilets, especially for women and make India the cleanest country
  • 35.
    India at theheart of frugal engineering Low cost but not low tech! Renault KWID will do much better than any other car because it has Indian Genes – Carlos Ghosn, chairman & ceo Renault General electric’s Mac 400 electro cardio graph (ECG) Machine {1500$ instead of 10000$ for its predecessor. Cost of ECG just 1$} Heart surgery costs between 2000$ & 5000& as compared to 20000-100000$ in US Jaipur foot for US $45 and jaipur knee for US $20 - 50 top inventions of the world – Time magazine Mangalyaan – Mars orbiter mission US 73 Million – 1/10th the cost of any previous Mars mission.
  • 36.
    India - design& innovation A large consumer market Large B2B market, one of the largest business to govt markets India - an innovation lab for companies combining technology, design, innovation
  • 37.
    India - avibrant nation of startups Fastest and third largest ecosystem in the world Technology product, digital & manufacturing startups projected for rapid growth 10 fold increase in access to capital through VC’s, angel investment and seed funding Nation of job creators rather than job seekers India is in the midst of a startup boom
  • 38.
    India - anR&D powerhouse Leading offshore destination for engineering and R&D services Talent, technology & emerging market imperative during R&D growth. Resurgence in the number of R&D centers, almost 10,000 companies employing 5,00,000 Indians.
  • 39.
    Fostering innovation Strong TRIPScompliant policy framework Ease of Access: world-class IT enabled patent offices Internationally acclaimed systems for International Searching and Preliminary Examination of patent applications. Madrid system for international registration of trademarks
  • 40.
    GE Composite material design Electromagneticanalytics Nondestructive evaluation technology Honeywell Next generation magnetic sensors Image analysis and computer vision Intelligent vehicle technologies General Motors Smart system modeling Vehicle structure and safety Chemical reaction modeling Source: Zinov Research & Analysis Snapshot of core research by MNC R&D centers in India
  • 41.
    Source: Zinov Research& Analysis Snapshot of core research by MNC R&D centers in India Philips Healthcare systems and technologies Energy and lighting Consumer lifestyle technologies EADS High performance computing Avionics Structures Siemens Decentralised energy systems Embedded systems S.M.A.R.T.* technologies
  • 42.
    Source: Zinov Research& Analysis Snapshot of core research by MNC R&D centers in India 3M Abrasives/adhesives Coatings NVH materials ABB Manufacturing technologies Communication technologies Robotics
  • 43.
    Automobiles: India’s car marketpotential: 6+ Millions units annually by 2020 Auto-components: Over 35 IPOs of Global OEMs & Tier 1 procuring from India Aviation: 9th largest civil aviation market in the world Biotechnology: Amongst top 12 biotech destinations in the world; 3rd in the Asia-Pacific region. Chemicals: 3rd largest in Asia & 6th largest by output in the world.
  • 44.
    .Construction: Approx. USD 650billion required for urban infrastructure over the next 20 years Defence: Up to 49% FDI is now allowed under the government route and beyond 49% with the approval of cabinet committee Electrical Machinery: The industry has grown close to USD 25 billion. It contributes 1.4% to the nation’s GDP and 10% to the manufacturing growth. Electronic Systems Expected demand to reach USD 400 Billion by 2020, aided by government schemes Food Processing: National Food Processing Policy aims to increase the level of food processing from 10% in 2010 to 25% in 2025.
  • 45.
    Leather: Total production valueof US$11 bn with great potential for exports and a huge domestic market Media and Entertainment: The industry is expected to register a CAGR of 14.2%, reaching INR 1785.8 Billion in 2018 Mining: India has vast minerals potential with mining leases granted for longer durations of 20 to 30 years Oil and Gas: Threefold increase in energy demand expected in India by 2035 to 1,516 mn tonnes of Oil Equivalent from 563 mn Tonnes of Oil Equivalent in 2012. IT & BPM: The IT-BPM sector constitutes 8.1% of the country’s GDP and contributes significantly to public welfare
  • 46.
    Ports: Special Economic Zonesare being developed in close proximity to several ports – comprising coal-based power plants, steel plants and oil refineries Railways: 100% FDI under the auto route in the railway infrastructure segment Roads and Highways: Extensive road network of 4.86 mn kms: 2nd largest in the world Pharmaceuticals: Expected to rank among top 3 pharmaceutical markets in terms of incremental growth by 2020. Renewable Energy: India stands fifth in the world in the overall renewable energy capacity installation with an installed capacity of 33,792MW
  • 47.
    Textiles: India has thesecond-largest manufacturing capacity globally. Thermal Power: 4 ultra mega power projects awarded and five more ultra mega power projects), under the plug and play model will be set up with total investments of ₹1 trillion Tourism: Foreign tourist arrivals to India has risen 7.1% to 7.5 million in 2014. Wellness: The sector is growing at 20% from year to year and is projected to amount to INR 162 Billion in 2014 Space: India is a world leader in low cost space exploration and Indian space program stands out as the most cost effective in the world
  • 48.
    For Queries, Assistance,Hand – Holding contact: Mr. Siddhartha Anand Investor Facilitation Cell, Invest India Email: Siddhartha.anand@investindia.org.in +91-11-23487533 +91-11-8750221701