Indo-French Manufacturing Conclave of IFCCI, MCCI, Invest India
(IFCCI-Indo-French Chamber of Commerce and Industry; MCCI-The Madras Chamber of Commerce and Industry; Invest India-National Investment Promotion and Facilitation Agency; Speakers - Atul Renavikar, Executive Director, Michelin India Pvt Ltd; S. Sarathi, Sr Vice President, Anand Automotive Ltd & Chairman, Manufacturing Committee, MCCI; Payal Koul, Vice President, Invest India; Philippe Janvier-Kamiyama, Consul General of France to Pondicherry; Girish Shankar, IAS, Secretary of Heavy Industries Dept & Chairman, National Automotive Board – not present, but his speech was read out; Ravin Mirchandani, Executive Chairman, Ador Powertron; Panel 1 on co-innovation, the future of the manufacturing industry – Moderator Ravin Mirchandani, Executive Chairman, Ador Powertron; Prof Francois Bernot, Founder - FranceCol Technology, Dr. Ranjit Kovilinkal, Co-Founder - Hygeia e-Services Pvt Ltd; Manu Karan, Vice President, Business Development - Cleanmax Solar; Rahul Kumar, CEO - Lactalis India; Arya Tripathy, Senior Associate – PSA; Panel 2 on sustainable mobility, the path to achieving manufacturing excellence in the automotive industry - Moderator Raghavan Srinivasan, Editor, The Hindu Business Line; B. S. Rao, Managing Director - Mecaplast India Pvt Ltd; Ludovic Gouere, Deputy Director, 2ASDU (Renault); Atul Renavikar, Executive Director - Michelin India Pvt Ltd; Bharat Salhotra, Managing Director - Alstom India & South Asia; Priti Suri, Founder & Managing Partner - PSA)
Blog post link: http://bit.ly/2tHYVEp
MAKE IN INDIA | DIVYANSH AGRAWAL, www.facebook.com/divyansh.in Divyansh Agrawal
Challenges For Make In India, What is Make in India ?, Overview Of Make In India, Foreign Direct Investment, Advantages Of Make In India , Disadvantages Of Make In India , Response For Make In India ,
Greatness of India | what makes India Great..?Bhanu Prasad
Here are some amazing facts that will make you more proud to be an Indian. India's ability to allow its citizens to be what they are. India houses one of the most diverse populations on this planet, allowing them to live the way they want to live. I LOVE MY INDIA.
this is very good ppt. for make in India. it will give you the brief introduction about beautiful initiative taken by the Indian government to make India a manufacturing hub.
This presentation gives a brief introduction of "Make In India" initiative, why it was started, how it can be implemented, what are the challenges and how has been its performance in last two years.
Make in india - Challenges and way aheadavikrishna
this presentation gives glimpse of how "Make in india" campaign was coined and what are challenges in front of it. presentation also gives way ahead to this campaign.
Make in india - The Way Ahead Class 12 Economics ProjectShivamSingh1247
This is Class 12th Economics Project as per CBSE Guideline
- Introduction
- Process
- Advantages & Disadvantages
- Challenges
- Criticsm & Concerns
- Sectors Covered
- Objective of Make in india
- Manufacturing Projects
- Infrastructure Support
- News & Statistic
- Objective of Making this Project
- Conclusion
- Bibliography
Indian Prime Minister Narendra Modi has launched a new scheme to boost his country's manufacturing sector and encourage foreign investors with 'Zero Defect; Zero Effect' policies.
A brief about Make In India . Its Implication and boost in Indian Economy by Implementation of Make In India , Future Plans for development of India i.e. making it a manufacturing hub , job oppurtunities .
Indo-Canada dialogue: Opportunities in the automotive segment in the backdrop...IET India
On the 3 February 2020, the Institution of Engineering and Technology (IET) and the High Commission of Canada organised a joint round table on the topic ‘Opportunities in the automotive segment in the backdrop of Industry 4.0 – An Indo-Canadian Start-up Dialogue.’ The discussion revolved around diverse perspectives on how the Indian and Canadian automotive industry is gearing towards embracing new-age technology and what new offerings exist for companies based out of countries like Canada - especially in the back drop of Industry 4.0
MAKE IN INDIA | DIVYANSH AGRAWAL, www.facebook.com/divyansh.in Divyansh Agrawal
Challenges For Make In India, What is Make in India ?, Overview Of Make In India, Foreign Direct Investment, Advantages Of Make In India , Disadvantages Of Make In India , Response For Make In India ,
Greatness of India | what makes India Great..?Bhanu Prasad
Here are some amazing facts that will make you more proud to be an Indian. India's ability to allow its citizens to be what they are. India houses one of the most diverse populations on this planet, allowing them to live the way they want to live. I LOVE MY INDIA.
this is very good ppt. for make in India. it will give you the brief introduction about beautiful initiative taken by the Indian government to make India a manufacturing hub.
This presentation gives a brief introduction of "Make In India" initiative, why it was started, how it can be implemented, what are the challenges and how has been its performance in last two years.
Make in india - Challenges and way aheadavikrishna
this presentation gives glimpse of how "Make in india" campaign was coined and what are challenges in front of it. presentation also gives way ahead to this campaign.
Make in india - The Way Ahead Class 12 Economics ProjectShivamSingh1247
This is Class 12th Economics Project as per CBSE Guideline
- Introduction
- Process
- Advantages & Disadvantages
- Challenges
- Criticsm & Concerns
- Sectors Covered
- Objective of Make in india
- Manufacturing Projects
- Infrastructure Support
- News & Statistic
- Objective of Making this Project
- Conclusion
- Bibliography
Indian Prime Minister Narendra Modi has launched a new scheme to boost his country's manufacturing sector and encourage foreign investors with 'Zero Defect; Zero Effect' policies.
A brief about Make In India . Its Implication and boost in Indian Economy by Implementation of Make In India , Future Plans for development of India i.e. making it a manufacturing hub , job oppurtunities .
Indo-Canada dialogue: Opportunities in the automotive segment in the backdrop...IET India
On the 3 February 2020, the Institution of Engineering and Technology (IET) and the High Commission of Canada organised a joint round table on the topic ‘Opportunities in the automotive segment in the backdrop of Industry 4.0 – An Indo-Canadian Start-up Dialogue.’ The discussion revolved around diverse perspectives on how the Indian and Canadian automotive industry is gearing towards embracing new-age technology and what new offerings exist for companies based out of countries like Canada - especially in the back drop of Industry 4.0
Make in India's all information you want to need in this Presentation. Please download it and make sure you will not download any more Information regarding it if you will see this.
Enabling Indian manufacturing MSMEs for global competitivenessIET India
The COVID-19 pandemic has been a watershed moment for businesses globally. While the scenario looks gloomy all around, there are significant local and global factors that may prove to be favourable for FDI in manufacturing, especially in the Micro, Small & Medium Enterprises (MSME) sector in India.
Post the lethal impact of COVID-19, more and more manufacturing companies are looking towards India as an investment destination and as a reliable alternative to other low-cost producer countries. This will benefit the growth of established firms/sectors, providing significant new prospects for Indian MSMEs to step up and move to the next level. However, it is important to be cognisant of the fact that in order to successfully grab these opportunities, there needs to be a serious rethink of existing business models.
This paper focuses on the opportunities available, scope for improvement, and solutions to varied challenges for the MSME sector in India.
The study provides you with an overview of the Make in India initiative and the benefits it is going to provide India and the world. It describes the impact Make in India has had on the Indian Economy and the huge foreign investment it has attracted in the recent years. The study highlights some of the biggest companies that have invested in India after the initiative.
Dennis Gada, Infosys, Asia Business Week Dublin 2014Asia Matters
“Changing Infrastructure in India - Opportunities for India-EU business partnerships” Dennis Gada, Global Head of Client Services for Financial Services, Infosys, speaking on June 6 at the Fourth EU Asia Top Economist Round Table during Asia Business Week Dublin 2014
Indo-French Manufacturing Conclave press releaseD Murali ☆
Indo-French Manufacturing Conclave of IFCCI, MCCI, Invest India
(IFCCI-Indo-French Chamber of Commerce and Industry; MCCI-The Madras Chamber of Commerce and Industry; Invest India-National Investment Promotion and Facilitation Agency; Speakers - Atul Renavikar, Executive Director, Michelin India Pvt Ltd; S. Sarathi, Sr Vice President, Anand Automotive Ltd & Chairman, Manufacturing Committee, MCCI; Payal Koul, Vice President, Invest India; Philippe Janvier-Kamiyama, Consul General of France to Pondicherry; Girish Shankar, IAS, Secretary of Heavy Industries Dept & Chairman, National Automotive Board – not present, but his speech was read out; Ravin Mirchandani, Executive Chairman, Ador Powertron; Panel 1 on co-innovation, the future of the manufacturing industry – Moderator Ravin Mirchandani, Executive Chairman, Ador Powertron; Prof Francois Bernot, Founder - FranceCol Technology, Dr. Ranjit Kovilinkal, Co-Founder - Hygeia e-Services Pvt Ltd; Manu Karan, Vice President, Business Development - Cleanmax Solar; Rahul Kumar, CEO - Lactalis India; Arya Tripathy, Senior Associate – PSA; Panel 2 on sustainable mobility, the path to achieving manufacturing excellence in the automotive industry - Moderator Raghavan Srinivasan, Editor, The Hindu Business Line; B. S. Rao, Managing Director - Mecaplast India Pvt Ltd; Ludovic Gouere, Deputy Director, 2ASDU (Renault); Atul Renavikar, Executive Director - Michelin India Pvt Ltd; Bharat Salhotra, Managing Director - Alstom India & South Asia; Priti Suri, Founder & Managing Partner - PSA)
Blog post link: http://bit.ly/2tHYVEp
Role of make in india in economic developmentNEETHU S JAYAN
The presentation shows the role of make in India campaign in the economic development of India and it also shows the impact of make in India campaign in various industries and sectors.
The topic was delivered by Shri B.S. Mubarak IFS, Director (South) – Ministry of External Affairs, Government of India, Delhi | Former Consul General of India in Saudi Arabia.
Similar to Speech of Girish Shankar, Secretary, Dept of Heavy Industry, GoI, in Indo-French Manufacturing Conclave (20)
The good of all is what is good for oneselfD Murali ☆
May Day post by S. Prabhu in his blog prtraveller
Link: https://prtraveller.blogspot.com/2020/05/d-murali-journalist.html
Ref:
1) A whistleblowing story in SlideShare https://www.slideshare.net/MuraliD1/a-whistleblowing-story-part-1
2) Whistleblowing story - Sequence of mails https://www.slideshare.net/MuraliD1/whistleblowing-story-sequence-of-mails
3) Audiobiography in Soundcloud https://soundcloud.com/muralid/audiobiography-d-murali
4) Be agitated about gender prejudice https://soundcloud.com/muralid/sound-clip-27-be-agitated
5) Demand for apology https://soundcloud.com/muralid/apo
6) Why are you agitated https://soundcloud.com/muralid/why
7) Mylapore Times article by S. Prabhu https://www.slideshare.net/MuraliD1/online-content-useful-for-sanskrit-students
8) This article in SlideShare https://www.slideshare.net/MuraliD1/the-good-of-all-is-what-is-good-for-oneself
9) Mylapore Times article link http://www.mylaporetimes.com/2020/04/senior-journo-posts-online-content-useful-for-sanskrit-students-young-and-old/
10) Tweet in CopyTasterDM handle https://twitter.com/CopyTasterDM/status/1256489049264537601
11) LinkedIn post https://www.linkedin.com/posts/muralide_d-murali-journalist-activity-6661878686062645248-9Zp0/
12) Facebook post https://www.facebook.com/dMurali/posts/10214668257814386
Business Journos Chennai WhatsApp Group infoD Murali ☆
188 participants as on April 29, 2020
Group created on August 19, 2014
Group description:
"Focus: Biz news & events in Chennai. Biz=What's typically in a biz newspaper. Ground rules: NO wishes, jokes, videos, audio, unverified fwds. Cite sources, share yr tweets. Vision: Aim for thoroughness.
A few tips: Be agile, alert, diverse, inclusive, engaging, truthful, empathetic, independent, curious, & human. Steer clear of cash/ vouchers! Ask questions. Seek clarity. Demand accountability. Demystify jargon. Wander to where spotlights don't shine.
-- DM"
Accompanying Twitter handle: @CopyTasterDM - for picking stories to share with the 'Business Journos Chennai' group
(Received from CECRI; CSIR-Council of Scientific & Industrial Research; SERC-Structural Engineering Research Centre; CECRI-Central Electrochemical Research Institute)
CSIR-CECRI-Industrial Conclave - Water treatmentD Murali ☆
CSIR-CECRI-Industrial Conclave - Water treatment
(Received from CECRI; CSIR-Council of Scientific & Industrial Research; SERC-Structural Engineering Research Centre; CECRI-Central Electrochemical Research Institute)
Blog post link: http://bit.ly/2vdIiN1
FICCI Digital Disruption & Transformation Summit DDTS, ELCOT presentation D Murali ☆
'Future of Governance - Transforming the government digitally' - Presentation by Dr Rajendra Kumar, IAS, CMD, ELCOT, in FICCI Digital Disruption & Transformation Summit DDTS
Blog post link: http://bit.ly/2viWgC0
Knight Frank India Real Estate (Jan-June 2017) ReportD Murali ☆
Knight Frank India Real Estate (Jan-June 2017) Report
Knight Frank-17H1
Kanchana Krishnan, Knight Frank on 17H1 January-June 2017 India Real Estate
(Residential, office)
Blog post link: http://bit.ly/2upCz7K
All India and Chennai ppt - India Real Estate (Jan-Jun 2017)D Murali ☆
All India and Chennai ppt - India Real Estate (Jan-Jun 2017)
Knight Frank-17H1
Kanchana Krishnan, Knight Frank on 17H1 January-June 2017 India Real Estate
(Residential, office)
Blog post link: http://bit.ly/2upCz7K
Why Government is unfair to Indian Revenue Service officers who strenuously w...D Murali ☆
Why Government is unfair to Indian Revenue Service officers who strenuously work to provide fuel for efficiently running its administration? - T. N. Pandey - Article published in Business Advisor, dated April 25, 2016 - http://www.magzter.com/IN/Shrinikethan/Business-Advisor/Business/
Tweeted on www.twitter.com/BusinessAdvDM #BusinessAdvisorArchives
Supreme Court may kindly consider whether SIT appointed on its order needs to...D Murali ☆
Supreme Court may kindly consider whether SIT appointed on its order needs to be wound up - T. N. Pandey - Article published in Business Advisor, dated May 10, 2016 - http://www.magzter.com/IN/Shrinikethan/Business-Advisor/Business/
Tweeted on www.twitter.com/BusinessAdvDM #BusinessAdvisorArchives
Basic tenets of GST - Dr Sanjiv Agarwal - Article published in Business Advisor, dated May 10, 2016 - http://www.magzter.com/IN/Shrinikethan/Business-Advisor/Business/
Tweeted on www.twitter.com/BusinessAdvDM #BusinessAdvisorArchives
Possibility of set-off of business loss against cash credit/ unexplained inve...D Murali ☆
Possibility of set-off of business loss against cash credit/ unexplained investment - V. K. Subramani - Article published in Business Advisor, dated May 25, 2016 - http://www.magzter.com/IN/Shrinikethan/Business-Advisor/Business/
Tweeted on www.twitter.com/BusinessAdvDM #BusinessAdvisorArchives
Irrationalities in giving Padma awards damage their sanctity - T. N. PandeyD Murali ☆
Irrationalities in giving Padma awards damage their sanctity - T. N. Pandey - Article published in Business Advisor, dated May 25, 2016 - http://www.magzter.com/IN/Shrinikethan/Business-Advisor/Business/
Tweeted on www.twitter.com/BusinessAdvDM #BusinessAdvisorArchives
Karnataka HC endorses tax avoidance technique to lessen minimum alternate tax...D Murali ☆
Karnataka HC endorses tax avoidance technique to lessen minimum alternate tax (MAT) - T. N. Pandey - Article published in Business Advisor, dated June 10, 2016 - http://www.magzter.com/IN/Shrinikethan/Business-Advisor/Business/
Tweeted on www.twitter.com/BusinessAdvDM #BusinessAdvisorArchives
Updates on Circulars and Notifications - V. K. SubramaniD Murali ☆
Updates on Circulars and Notifications - V. K. Subramani - Article published in Business Advisor, dated June 25, 2016 - http://www.magzter.com/IN/Shrinikethan/Business-Advisor/Business/
Tweeted on www.twitter.com/BusinessAdvDM
हम आग्रह करते हैं कि जो भी सत्ता में आए, वह संविधान का पालन करे, उसकी रक्षा करे और उसे बनाए रखे।" प्रस्ताव में कुल तीन प्रमुख हस्तक्षेप और उनके तंत्र भी प्रस्तुत किए गए। पहला हस्तक्षेप स्वतंत्र मीडिया को प्रोत्साहित करके, वास्तविकता पर आधारित काउंटर नैरेटिव का निर्माण करके और सत्तारूढ़ सरकार द्वारा नियोजित मनोवैज्ञानिक हेरफेर की रणनीति का मुकाबला करके लोगों द्वारा निर्धारित कथा को बनाए रखना और उस पर कार्यकरना था।
In a May 9, 2024 paper, Juri Opitz from the University of Zurich, along with Shira Wein and Nathan Schneider form Georgetown University, discussed the importance of linguistic expertise in natural language processing (NLP) in an era dominated by large language models (LLMs).
The authors explained that while machine translation (MT) previously relied heavily on linguists, the landscape has shifted. “Linguistics is no longer front and center in the way we build NLP systems,” they said. With the emergence of LLMs, which can generate fluent text without the need for specialized modules to handle grammar or semantic coherence, the need for linguistic expertise in NLP is being questioned.
01062024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
CLICK:- https://firstindia.co.in/
#First_India_NewsPaper
27052024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
CLICK:- https://firstindia.co.in/
#First_India_NewsPaper
Future Of Fintech In India | Evolution Of Fintech In IndiaTheUnitedIndian
Navigating the Future of Fintech in India: Insights into how AI, blockchain, and digital payments are driving unprecedented growth in India's fintech industry, redefining financial services and accessibility.
Welcome to the new Mizzima Weekly !
Mizzima Media Group is pleased to announce the relaunch of Mizzima Weekly. Mizzima is dedicated to helping our readers and viewers keep up to date on the latest developments in Myanmar and related to Myanmar by offering analysis and insight into the subjects that matter. Our websites and our social media channels provide readers and viewers with up-to-the-minute and up-to-date news, which we don’t necessarily need to replicate in our Mizzima Weekly magazine. But where we see a gap is in providing more analysis, insight and in-depth coverage of Myanmar, that is of particular interest to a range of readers.
‘वोटर्स विल मस्ट प्रीवेल’ (मतदाताओं को जीतना होगा) अभियान द्वारा जारी हेल्पलाइन नंबर, 4 जून को सुबह 7 बजे से दोपहर 12 बजे तक मतगणना प्रक्रिया में कहीं भी किसी भी तरह के उल्लंघन की रिपोर्ट करने के लिए खुला रहेगा।
role of women and girls in various terror groupssadiakorobi2
Women have three distinct types of involvement: direct involvement in terrorist acts; enabling of others to commit such acts; and facilitating the disengagement of others from violent or extremist groups.
ys jagan mohan reddy political career, Biography.pdfVoterMood
Yeduguri Sandinti Jagan Mohan Reddy, often referred to as Y.S. Jagan Mohan Reddy, is an Indian politician who currently serves as the Chief Minister of the state of Andhra Pradesh. He was born on December 21, 1972, in Pulivendula, Andhra Pradesh, to Yeduguri Sandinti Rajasekhara Reddy (popularly known as YSR), a former Chief Minister of Andhra Pradesh, and Y.S. Vijayamma.
03062024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
CLICK:- https://firstindia.co.in/
#First_India_NewsPaper
31052024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
CLICK:- https://firstindia.co.in/
#First_India_NewsPaper
Speech of Girish Shankar, Secretary, Dept of Heavy Industry, GoI, in Indo-French Manufacturing Conclave
1. Page 1 of 5
Address by Mr. Girish Shankar, Secretary, Department of Heavy Industry,
Government of India
Ladies and Gentlemen,
Friends,
1. India and France maintain strategic relations for more than four
decades. It has primarily focused on Defence, Space, Manufacturing,
and Nuclear Energy. We value Indo -French relations dearly. We share
common passion for food , entertainment and art in our lives.
2. Past few decades we are discovering our own versions of free market
economy. After somewhat introspect period we are again together. The
modern times, we will have more matured relationship. If that was our
youthful relationship, today it will be more thoughtful and permanent
in nature. Our corporate sectors have also matured with exposure to
globalization. For future lies in the strong roots of past.
3. In the recent times, both the countries are trying to transform this
strategic relationship into a holistic one with coverage extended to
private trade, investment and cooperation. It is expected that such
measures would cement and consolidate existing relationship and make
it more inclusive.
4. We have annual summits at the level of States on one hand while on
the other hand we have business CEOs roundtable.
5. The role of industrial manufacturing will be critical to achieve
targets set for two-way trade and investment. The two countries seek
to achieve this target by promoting bilateral economic, trade and
investment cooperation. The only way we can do it by more and more
mingling of our business community in events like this.
6. In 2013, ‘The Regional Economic Service of the Embassy of France in
India’ stated that there are more than 1000 French establishments in
the country, which are primarily linked to 394 major companies. In
addition, there are 181 independent French businessmen in India with
their offices spread across India. These companies have employed
around 3,00,000 people and have a turnover of more than 20 billion
USD.
2. Page 2 of 5
7. It is interesting to note, that 60% of the parent companies are now
being run by Indians themselves. However, their share in capital
assets is relatively quite low. The companies are mostly situated in
Maharashtra, New Delhi, Karnataka and Tamil Nadu.
8. I am always of the opinion that to reach Indian consumers having
manufacturing set up in India is the best way. The icing on the cake
is exports from India to markets not possible from France.
9. India of today is more varied. We have launched a record 104
satellites in one go. But we also import US $ DHI 30 billion worth
engineering every year. AT the same time we also export Engineering
good worth US $ 45 billion every year.
10. You take any sector of manufacturing, huge changes are happening.
Indian democracy is now more consumer oriented. Free market economy
and no trade barriers, coupled with very low import duties have
provided unprecedented opportunities to the World to do business
with India.
11. We are transforming very fast. Central as well as State Governments
are fast liberalizing the way business is done and Govt – business
interactions are becoming more and more through IT. The quality of
Governance and policy support is enhancing by the day. These are
exciting times to be in India. If I were you , I would never let go
this historic opportunity.
12. The CEO Forum has the mandate to identify the potential and priority
areas of cooperation, issues faced by the businesses in achieving the
desired level of cooperation in those areas and measures to be
undertaken at the Government level for addressing those issues.
13. Indian and French economies have natural areas of synergy. India is
ready to share its experience and expertise in setting up Information
Technology parks. We need to focus the possibilities of cooperation
in the IT , Food, Travel, Hospitality, Health, Energy, Infrastructure
and Manufacturing sectors, as the scope is immense. Now it is upto
the business communities to seize the initiative.
14. Regarding infrastructure, I would like to again highlight that
India’s quest for new facilities in power, transportation, urban
development, communication, etc has truly taken off. India’s mission
for infrastructure opens up new areas of opportunity for
international companies, including construction and turnkey projects,
3. Page 3 of 5
supply of machinery and equipment, skill development to meet the
shortage of skilled labour in India. Besides, there are also
opportunities in maintenance, services and operations of the
projects. I strongly encourage French companies to closely examine
some of these opportunities and make plans for investing in India for
long-term gains.
15. There is need for the private sectors of the two sides to take the
lead in these areas. Information gaps must be addressed in a timely
and concerted manner. Both countries should make available to each
other the investment regulations and ways of doing business. At the
same time, I would urge industry associations to increase their
presence in each other’s countries.
16. My Department has brought out a Policy for tripling heavy engineering
sector by 2025. This translates into huge opportunities. To support
the effort of the industry we also have a grant scheme for
technologies. HEC has taken advantage of it and put up a Rs 50 crore
Technology Centre. They are training engineers in high tech steel
manufacturing and also manufacturing of heavy duty gears and other
Equipments. A Centre of Excellence in Manufacturing Technologies has
been set up in IIT –Madras.
17. Today India is fast emerging as cradle of manufacturing opportunities
of the World. Our national manufacturing policy couples with Make in
India. They are as historic initiatives in transformation of industry
post 1991 Industrial Policy. In 1991 we embraced a path of free
market economy in synchronization with West and the rest of the
world. However, it is Make in India which has capabilities of
servicing national priorities of employment and spreading of wealth
through the tool of industrial development.
18. Automobiles and heavy engineering are two largest pillars of Capital
Gods. To share with you the importance of automobiles and heavy
engineering in the manufacturing sector of the country- Automobiles
have a current turnover of US $ 150 billion and are 7.1% of our GDP.
The CG sector accounts for 42.54 US$ billion turnover and is 2% of
the GDP. Combine they are about 9.2% India's GDP. This is 60% of the
manufacturing.
4. Page 4 of 5
19. Recognizing the importance of the automobile industry in the Indian
economy, my Department has finalized Automotive Mission Plan 2016-
26, setting targets for Indian Automotive Industry by 2026 to
a. be among the top three of the world in engineering, manufacture
and export of vehicles and auto component.
b. grow in value to over 12% of India’s GDP.
c. generate an additional 65 million jobs.
20. Department of Heavy Industry has formulated FAME – India Scheme
(Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in
India), wherein it is intended to support the hybrid / electric
vehicles market development and its manufacturing eco-system to
achieve self-sustenance at the end of the stipulated period.
21. Through FAME India Scheme, the Government has given direct support to
about 1,20,000 electric & hybrid vehicles by way of demand
incentives since its launch on 1st April 2015 and more are in
offing.
22. Department of Heavy Industry has also brought out new integrated
capital goods policy in Feb 2016 in synchronization with the
objectives of Make in India.
23. To share with you highlights of the new capital goods policy, we want
to treble the production, employment and exports by 2025. This will
enable the sector to contribute 20% in India's manufacturing from
current 12%. You can expect 30 million new jobs to be created by
2025 and the total production to go upto US $ 115 billion. This opens
new vistas for global business communities to shift their
manufacturing base in India, Reduced corporate taxes of 25% and GST
regime will make manufacturing in India further more tax efficient.
24. Government of India is investing heavily in the infrastructure
sector, which is creating demand for the Capital goods and
automobiles.
25. For example As a part of infrastructure reforms, the government plans
to double the length of national highways to 200,000 kms in next ten
years. During FY 17-18 alone, Government of India allocated USD 9.51
billion for development of national highways across the country. 40
kilometres per day of roads are being made.
26. We are adding 100 smart cities. To begin with the Government will
provide 50% of the funding.
5. Page 5 of 5
27. More than 10 cities will have Metro projects.
28. Port connectivity for 80 ports.
29. 100 million houses to be constructed in next ten years.
30. $853 Billion, real estate market size by 2028.
31. US 71 billion will be invested in Railways.
32. 175 GW of renewable energy capacity will be created.
33. The list is endless.
34. I would now like to take few minutes on Industry 4.0 and India.
Industry 4.0 is also cyber –physical or amalgamation of mind and
machines – the next level of totally flexible machine solutions. On
December 22 we had a brain storming session with experts on the
subject of Industry 4.0. Very clearly the agenda for India includes
awareness creation as the first step followed by technology demo
centres, bridge course in multi technologies by top engineering
colleges for learning Industry 4.0 technologies, enabling policy
framework and technology development and excellence centres.
35. I would like to conclude by giving a message to the industry that
there are unprecedented opportunities in the manufacturing of heavy
engineering and automobiles in India, if we adopt technology as a
tool. My Department will work with you to realize these
opportunities.
36. I also hope that this event will help to improve cooperation in joint
design, development, manufacturing and marketing of technology-driven
products. Such cooperation could go beyond space applications,
defence technologies, aviation, and cover new materials,
communications and information technology.
37. I hope that this conclave will be useful and lead to better
understanding and will help in identifying areas for cooperation
between the two countries.
Thank you.