Make in india

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MAKE IN INDIA CONCEPT

MACHIRAJU PRESENTATIONS PVT LTD

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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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OBJECTIVE1. 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)₹ worth of proposals from companies interested in manufacturing electronics in India.

24.8% of smartphones shipped in the country in the April–June 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;

Automobiles Automobile Components Aviation Biotechnology Chemicals Construction Defence manufacturing Electrical Machinery


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MAKE IN INDIA FOCUSED SECTORS

Electronic systemsFood ProcessingInformation Technology and Business process managementLeatherMedia and EntertainmentMiningOil and GasPharmaceuticals


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MAKE IN INDIA FOCUSED SECTORS

Ports and Shipping Railways Renewable Energy Roads and Highways Space Textiles and Garments Thermal Power Tourism and Hospitality Wellness


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NEW INITIATIVES (PROCESSES) Doing business in India just got easier – 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 24×7 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 – a single window IT platform for services by 31 Dec. 2014.

Process of obtaining environmental clearances made online.


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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 Ministry’s/Department’s 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 India’s 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 – 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 country’s 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 India’s 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 India’s urban housing scenario.

A National Industrial Corridor Development Authority (NICDA) is being established to converge and integrate the development of all industrial corridors.


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IS MAKE IN INDIA A SUCCESS? Make in India is getting good response from companies

Samsung will manufacture Samsung Z 1 in India.AirBus said it will manufacture its products in India and will invest 2 billion dollars.Hitachi agreed to set Bup auto-component plant in Chennai by 2016.Huawei will invest 170 million dollars to set up R and D center in India.Mobile manufacturer Spice will setup manufacturing facility in UP with an investment of 500 crore.


23MACHIRAJU PRESENTATIONS PVT LTD