1. New Foreign
Companies in India:
Opportunities and
Challenges
Welcome to the world of Make in India: the initiative that invites investors to
come and make India their home! In this presentation, we'll explore the new
foreign companies that have set up shop in India over the last year and what
the country has to offer to businesses looking for growth and expansion.
2. Benefits of the Make in India
project to Foreign Companies
1 Huge Market
India is the second-most
populous country in the world,
making it a ready marketplace for
foreign companies.
2 Low Cost of Operations
With its abundance of low-cost
labour, India offers foreign
companies a cost-effective
solution for their manufacturing
and operational needs.
3 Simplified Regulatory Processes
The Indian government has made regulatory processes easier and more
transparent, removing many of the barriers to doing business in India.
3. Overview of the Make in India Project
Objective To make India a global manufacturing hub
Launched on 25th September 2014
Focus sectors Automobile, aviation, biotechnology, chemicals,
defence, IT and more
Initiatives Digital India, Skill India, Start-up India and more
4. Challenges Faced by Foreign Companies
in India
Infrastructure
Despite the government's
efforts, the infrastructure of
the country can still cause
problems, especially for new
businesses.
Complexity
The regulatory processes,
taxation system and labour
laws create complexity that
can be a challenge for
foreign companies.
Cultural Differences
Understanding and adapting
to Indian culture can be
difficult, and language
barriers can hinder
communication.
5. Success Stories of Foreign Companies
under Make in India
Xiaomi
The Chinese tech giant, after
establishing its first
manufacturing plant in Andhra
Pradesh, has announced plans
to set up two more facilities in
the country.
Hyundai
The South Korean car
manufacturer produces Hyundai
i20 and Hyundai Creta in India
and exports them to more than
90 countries.
ABB Limited
The Swedish-Swiss robotics and
power equipment group has
reinforced its commitment to
building a sustainable India by
setting up a new robotics
manufacturing plant in
Bengaluru.
6. Future Plans and Opportunities for
Foreign Companies in India
1 Automotive Industry
India is poised to become one of the
largest automobile manufacturing hubs
in the world. Jaguar Land Rover, MG
Motors and Kia are some major
companies who have recently invested
in the industry.
2
Pharmaceuticals
The Indian pharma industry is one of the
largest in the world, exporting to more
than 200 countries. With a growing
middle class, there is an increasing
demand for healthcare and
pharmaceuticals in India. 3 Electric Vehicles
The Indian government has an
ambitious plan of making India a 100%
electric vehicle nation by 2030, creating
a massive opportunity for foreign
companies looking to tap into this
market.
7. New Foreign Companies under Make in
India
Asus
The Taiwanese multinational
computer hardware and
electronics company known for
its laptops and smartphones is
setting up its first
manufacturing plant in India.
Boeing
The American multinational
corporation that designs,
manufactures and sells
airplanes has partnered with
India's Hindustan Aeronautics
Limited to manufacture
fuselages in India.
L'Oreal
The French cosmetics and
beauty brand plans to expand
its footprints in India by
investing in more factories in
the country.
8. Conclusion
The Make in India project has emerged as India's flagship campaign to
attract companies to invest in the country. With the government's initiatives
and support, India offers a promising market for foreign companies across
sectors. Though there are challenges to overcome, the opportunities for
growth and expansion make it worth considering.