Make in India: Legal Incentives

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Legal Incentivespresented by Vinita Bahri-Mehra, Esq.

Emerging India

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Serial No. Sectors 2012-2013

(April-March)2013-2014

(April-March)2014-2015

(April-March)2000-2015(April-May)

1 Service Sector** 4.83 2.22 3.25 43.02

2

Construction Development: Townships, Housing, Built-up Infrastructure

1.33 1.22 0.76 24.06

3 Telecommunications 0.30 1.30 2.89 17.42

4 Computer Software + Hardware 0.48 1.12 2.20 17.29

5 Drugs + Pharmaceuticals 1.12 1.27 1.52 13.28

6 Automobile Industry 1.53 1.51 2.57 13.39

7 Chemicals (Other than fertilizers) 0.29 0.87 0.66 10.48

8 Power 0.53 1.06 0.66 9.71

9 Metallurgical Industries 1.46 0.56 0.47 8.62

10 Trading 0.71 1.34 2.76 8.72

FDI Inflow

** Service Sector includes Financial, Banking, Insurance, Non-Financial/Business, Outsourcing, R&D, Courier, Tech. Testing and Analysis. Source: Fact Sheet on FDI (May 2015)

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Top Prospective Host Economies (2013-15)

UNCTAD’s survey conducted on the largest Transnational Corporations regarding the most favorable host economies in the

world puts India in the third position on the global scale just behind China and the United States

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Sector Focus

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Pillars

New Processes

Ease of Doing Business

New Infra-StructureIndustrial Corridors, Industrial Clusters,

Smart Cities

New Sectors

Opening up of FDI

New Mindset

Government as Regulator

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The aim is to de-license and de-regulate the industry during the entire life cycle of

a business. It would reduce the complexities associated with a business and will relatively increase the speed

with which applications are processed. Other new initiatives include e-Biz

Portal, Nation e-Governance Plan etc.

Pillars

New Processes

Ease of Doing Business

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New Infra-StructureIndustrial Corridors, Industrial Clusters,

Smart Cities

Pillars

Government intends to develop industrial corridors and smart cities to

provide infrastructure based on state-of-the-art technology with modern high-speed communication and integrated

logistic arrangements. Existing infrastructure to be strengthened

through upgradation of infrastructure in industrial clusters.

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Pillars

‘Make in India’ has identified 25 sectors in manufacturing, infrastructure and

service activities. FDI has been opened up in Defense Production, Construction and Railway infrastructure in a big way.

New Sectors

Opening up of FDI

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Pillars

Industry is accustomed to see government as a regulator. ‘Make in

India’ intends to change this by bringing a paradigm shift in how government

interacts with industry. The Government will partner industry in economic development of the country. The

approach will be that of a facilitator and not regulator.

New Mindset

Government as Regulator

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Co-Development/Co-Production

Options for Offsets Manufacturing

Subcontracting/Contract Manufacturing

Joint Ventures

Licensed Production

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Legal Reforms

Proactive IP Regime

Centralized Tax System

Central Initiatives

Action Plans for Start-ups

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Government Objectives + Philosophies

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Make India Hub for Manufacturing

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Less Government,

More Governance

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Zero Defect,Zero Effect

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We should manufacture goods in a way that they carry zero defect, that our expiated goods are never returned to us. We should manufacture goods in a way that they should have a negative impact on the environment.

“ “

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“Make with India” +

“Make for India”

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Thank You!Vinita Bahri-Mehra, DirectorDirector + Chair, Asia Pacific PracticeKegler Brown Hill + Rittervmehra@keglerbrown.comkeglerbrown.com/bahrimehra614-255-5508614-464-2634 (fax)