The Make in India initiative was launched by Prime Minister Modi in 2014 to transform India into a global manufacturing hub. It aims to attract foreign investment and technological expertise in 25 key sectors like automobiles, aviation, pharmaceuticals, and electronics. The initiative simplifies regulations, improves infrastructure through industrial corridors and smart cities, and develops skills to boost manufacturing and job creation in India. It has already received positive responses from companies like Samsung, Airbus, and Huawei who are investing in manufacturing plants in India.
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INTRODUCTION
Make in India is an initiative of the Government of India
to encourage multi-national, as well as domestic,
companies to manufacture their products in India. It was
launched by Prime Minister Narendra Modi on 25
September 2014.India would emerge, after initiation of
the programme in 2015, as the top destination globally for
foreign direct investment, surpassing China as well as the
United States.
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MAIN MOTTO
The Main Motto of The Government of India is to invite
business entities from all over the world to invest in
Indian Manufacturing industry. For this GOI is trying to
simplify the rules and regulations to invite investment
from foreign investors.
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WHAT IS ACTUALLY MODI'S
MAKE
IN INDIA
Make In India is a new national program designed to
transform India into a global manufacturing hub. It
contains a raft of proposals designed to urge companies -
local and foreign - to invest in India and make the country
a manufacturing powerhouse.
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OBJECTIVE
1. The major objective behind the initiative is to focus on
job creation and skill enhancement in 25 sectors of the
economy.
2. The initiative also aims at high quality standards and
minimising the impact on the environment.
3. The initiative hopes to attract capital and technological
investment in India.
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ABOUT THE INITIATIVE
Under the initiative, brochures on the 25 sectors and a
web portal were released. Before the initiative was
launched, foreign equity caps in various sectors had been
relaxed. The application for licences was made available
online and the validity of licences was increased to three
years. Various other norms and procedures were also
relaxed.
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ABOUT THE INITIATIVE
In August 2014, the Cabinet of India allowed 49% foreign direct
investment (FDI) in the defence sector and 100% in railways
infrastructure. The defence sector previously allowed 26% FDI and
FDI was not allowed in railways. This was in hope of bringing down
the military imports of India. Earlier, one Indian company would
have held the 51% stake, this was changed so that multiple
companies could hold the 51%.
Between September 2014 and November 2015, the government
received 1.20 lakh crore (US$18 billion)âš worth of proposals from
companies interested in manufacturing electronics in India.
24.8% of smartphones shipped in the country in the AprilâJune
quarter of 2015 were made in India, up from 19.9% the previous
quarter.
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MAKE IN INDIA FOCUSED
SECTORS
Make in India focuses on the following 25 sectors of the economy,
namely;
ī Automobiles
ī Automobile Components
ī Aviation
ī Biotechnology
ī Chemicals
ī Construction
ī Defence manufacturing
ī Electrical Machinery
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MAKE IN INDIA FOCUSED
SECTORS
īElectronic systems
īFood Processing
īInformation Technology and Business process management
īLeather
īMedia and Entertainment
īMining
īOil and Gas
īPharmaceuticals
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MAKE IN INDIA FOCUSED
SECTORS
ī Ports and Shipping
ī Railways
ī Renewable Energy
ī Roads and Highways
ī Space
ī Textiles and Garments
ī Thermal Power
ī Tourism and Hospitality
ī Wellness
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NEW INITIATIVES
(PROCESSES)
Doing business in India just got easier â new de-licensing and deregulation
measures are reducing complexity, and significantly increasing speed and
transparency.
Process of applying for Industrial License & Industrial Entrepreneur
Memorandum made online on 24Ã7 basis through eBiz portal.
Validity of Industrial license extended to three years.
States asked to introduce self-certification and third party certification under
Boilers Act.
Major components of Defence products list excluded from industrial
licensing.
Dual use items having military as well as civilian applications deregulated.
Services of all Central Govt. Departments & Ministries will be integrated
with the eBiz â a single window IT platform for services by 31 Dec. 2014.
Process of obtaining environmental clearances made online.MACHIRAJU PRESENTATIONS PVT LTD
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NEW INITIATIVES
(PROCESSES)
Following advisories sent to all Departments/ State
Governments to simplify and rationalize regulatory
environment.
All returns should be filed on-line through a unified form.
A check-list of required compliances should be placed on
Ministryâs/Departmentâs web portal.
All registers required to be maintained by the business should
be replaced with a single electronic register.
No inspection should be undertaken without the approval of
the Head of the Department.
For all non-risk, non-hazardous businesses a system of self-
certification to be introduced.
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NEW INFRASTRUCTURE
Indiaâs manufacturing infrastructure and capacity for
innovation is poised for phenomenal growth: new smart cities
and industrial clusters, being developed in identified industrial
corridors having connectivity, new youth-focused programs
and institutions dedicated to developing specialized skills.
Impetus on developing Industrial Corridors and Smart Cities.
A new "National Industrial Corridor Development Authority"
is being created to coordinate, integrate, monitor and supervise
development of all Industrial Corridors.
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NEW INFRASTRUCTURE
Work on 5 smart cities in progress as a part of the Delhi-
Mumbai Industrial Corridor: Dholera, Shendra-Bidkin, Greater
Noida , Ujjain and Gurgaon .
Chennai-Bengaluru Industrial Corridor: master Planning for 3
new Industrial Nodes {Ponneri (TN), Krishnapatnam (AP),
Tumkur (Karnataka)}in progress.
The East Coast Economic Corridor (ECEC) with Chennai-
Vizag Industrial Corridor as the first phase of this project:
Feasibility Study commissioned by ADB.
Amritsar-Kolkata Industrial Corridor: DMICDC selected as
Nodal Agency for doing Feasibility Study, which is being
conducted at fast pace.
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NEW INFRASTRUCTURE
North-eastern part of India planned to be linked with other
Industrial corridors in cooperation with government of Japan.
New Industrial Clusters for promoting advance practices in
manufacturing.
Approval accorded to 21 Industrial projects under Modified
Industrial Infrastructure Upgradation Scheme with an emphasis
on:
1. Use of recycled water through zero liquid discharging
systems.
2. Central Effluent Treatment plants.
Approval accorded to 17 National Investment and
Manufacturing zones.
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NEW INFRASTRUCTURE
Nurturing Innovation â approval obtained for strengthening
Intellectual Property regime in the country through:
1. Creation of 1,033 posts.
2. Further upgradation of IT facilities.
3. Compliance with global standards.
4. Application processes made online.
An Act recognizing National Institute of Design (NID),
Ahmedabad, as an institute of National Importance notified.
This will enable NID to confer degrees, promote research and
function as an Apex body in Design Education. Four more
NIDs are being developed.
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NEW INFRASTRUCTURE
Major impetus given to skill development through Indian
Leather Development Programme:
1. Training imparted to 51,216 youth in the last 100 days.
2. It is further planned to train 1,44,000 youth annually.
3. For augmentation of training infrastructure, funds
released for establishment of 4 new branches of Footwear
Design & Development Institute at Hyderabad, Patna,
Banur (Punjab) and Ankleshwar (Gujarat).
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FOREIGN DIRECT
INVESTMENT
India has already marked its presence as one of the fastest
growing economies of the world. It has been ranked
among the top 3 attractive destinations for inbound
investments. Since 1991, the regulatory environment in
terms of foreign investment has been consistently eased
to make it investor-friendly.
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INTELLECTUAL PROPERTY
FACTS
The Indian government has taken several initiatives to
create a conducive environment for the protection of
intellectual property rights of innovators and creators by
bringing about changes at legislative and policy level.
In addition, specific focus has been placed on improved
service delivery by upgrading infrastructure, building
capacity and using state-of-the-art technology in the
functioning of intellectual property offices in the country.
This measure has resulted in sweeping changes in IP
administration within the country.
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NATURAL
MANUFACTURING
The need to raise the global competitiveness of the Indian
manufacturing sector is imperative for the countryâs long
term-growth. The National Manufacturing Policy is by far
the most comprehensive and significant policy initiative
taken by the Government. The policy is the first of its
kind for the manufacturing sector as it addresses areas of
regulation, infrastructure, skill development, technology,
availability of finance, exit mechanism and other
pertinent factors related to the growth of the sector.
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LIVE PROJECTS
Five industrial corridor projects have been identified, planned and launched
by the Government of India in the Union Budget of 2014-2015, to provide an
impetus to industrialisation and planned urbanisation. In each of these
corridors, manufacturing will be a key economic driver and these projects are
seen as critical in raising the share of manufacturing in Indiaâs Gross
Domestic Product from the current levels of 15% to 16% to 25% by 2022.
Along these corridors, the development of 100 Smart Cities has also been
envisaged in the Union Budget of 2014-2015. These cities are being
developed to integrate the new workforce that will power manufacturing
along the industrial corridors and to decongest Indiaâs urban housing
scenario.
A National Industrial Corridor Development Authority (NICDA) is being
established to converge and integrate the development of all industrialMACHIRAJU PRESENTATIONS PVT LTD
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IS MAKE IN INDIA A
SUCCESS?
Make in India is getting good response from companies
īSamsung will manufacture Samsung Z 1 in India.
īAirBus said it will manufacture its products in India and will
invest 2 billion dollars.
īHitachi agreed to set Bup auto-component plant in Chennai
by 2016.
īHuawei will invest 170 million dollars to set up R and D
center in India.
īMobile manufacturer Spice will setup manufacturing facility
in UP with an investment of 500 crore.
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