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Make in India

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Page 1: Make in India
Page 2: Make in India

The Challenge Grow at 10% for 3 decades

Ease of doing business

Making India a part of the global supply chain

Young India – skilling the nation and creating opportunities

Making India an hub for R&D

Making India a centre for large scale manufacturing

Urbanisation – a unique opportunity

Page 3: Make in India

Make in India initiativePillars of a new resurgent India

New ProcessesNew R&DNew Design New Mindset New Infrastructure New Innovation New Sectors

Page 4: Make in India

Ease of doing businessMake India the easiest and simplest place to do

business Eliminate paperwork, processes,

procedures, rules & acts

Use technology to leapfrog

Converge & integrate departments

Page 5: Make in India

Radical Reforms- Ease of doing business

No minimum capital. No common seal. No declaration ofcommencement of businessOnline & real-time registration with ESIC & EPFO, P AN & T ANCombined returns under 8 labour lawsDocuments for exports and imports reduced from 1 1 to 3.

Delicensing of defence – 56 % of defence items taken out of licensing requirementNRI investments be treated as Indian investments

Page 6: Make in India

Initiatives taken by Government for Defence Sector

Large number of products taken off from licensing listLicensing requirement removed for dual use items Time period for implementing licence extendedValidity of security clearance extendedPartial commencement of production to be treated as

commencement for all productsSimplified forms, online application through eBiz

Page 7: Make in India

Automobiles:India’s car market potential: 6+ Millions units annually by2020

Auto-components:Over 35 IPOs of Global OEMs & Tier 1 procuring from India

Aviation:9th largest civil aviation market in the world

Biotechnology:Amongst top 12 biotech destinations in the world; 3rd

in the Asia-Pacific region.

Chemicals:3rd largest in Asia & 6th largest by output in the world.

Page 8: Make in India

.Construction:Approx. USD 650 billion required for urbaninfrastructure over the next 20 years

Defence:Up to 49% FDI is now allowed under the government route andbeyond 49% with the approval of cabinet committee

Electrical Machinery:The industry has grown close toUSD 25 billion. It contributes 1.4% to the nation’s GDP and 10% to the manufacturing growth.

Electronic Systems Expected demand to reach USD 400 Billion by 2020, aided by government schemes

Food Processing:National Food Processing Policy aims to increase the level of foodprocessing from 10% in 2010 to25% in 2025.

Page 9: Make in India

Leather:Total production value of US$11 bn with great potential for exportsand a huge domestic market

Media and Entertainment: The industry is expected to register a CAGR of 14.2%, reaching INR 1785.8 Billion in 2018

Mining:India has vast minerals potential with mining leasesgranted for longer durations of 20 to 30 years

Oil and Gas:Threefold increase in energydemand expected in India by 2035 to 1,516 mn tonnes of Oil Equivalent from 563 mn Tonnes of Oil Equivalent in 2012.

IT & BPM:The IT-BPM sector constitutes 8.1% of thecountry’s GDP and contributes significantly to public welfare

Page 10: Make in India

Ports:Special Economic Zones are being developed in close proximity to severalports – comprising coal-based power plants, steel plants and oil refineries

Railways:100% FDI under the auto route in the railway infrastructuresegment

Roads and Highways: Extensive road network of 4.86 mn kms: 2nd largest in the world

Pharmaceuticals: Expected to rank among top 3 pharmaceutical markets in terms of incremental growth by 2020.

Renewable Energy:India stands fifth in the world in the overall renewable energycapacity installation with an installed capacity of 33,792MW

Page 11: Make in India

Textiles:India has the second-largest manufacturing capacity globally.

Thermal Power:4 ultra mega power projects awarded and five more ultra megapower projects), under the plug and play model will be set up with total investments of ₹1 trillion

Tourism:Foreign tourist arrivals to India has risen 7.1% to 7.5million in 2014.

Wellness:The sector is growing at 20% from year to year and is projected toamount to INR 162 Billion in 2014

Space:India is a world leader in low cost space exploration andIndian space program stands out as the most cost effective in the world

Page 12: Make in India

Making India part of the global supply chain

Liberalized FDI Regime:Railways - 100% Construction - 100%Medical Devices - 100%Defence - 49% Insurance and pension funds - 49%

Page 13: Make in India

Liberalized Foreign Direct Investment RegimeIndia today is one of the most open economies

of the world100% FDI permitted in Telecom Sector

100% FDI permitted in Asset Reconstruction Companies

100% FDI in single-brand retail

100% FDI in Pharmaceuticals sector

Page 14: Make in India

eBiz- Integration of Services & Payment

Issue of Industrial License

Filing of Industrial Entrepreneurs Memorandum

Employer Registration with ESIC

MCA Name Availability

Issue of Director Identification Number (MCA)

MCA-Certificate Of Incorporation

MCA-Certificate for Commencement of Business

Page 15: Make in India

Initiatives taken for Companies

Incorporation of company made a single step process by merging options for name availability and allotment of DIN

Single process for incorporation of company, allotment of PAN & TAN and registration with ESIC & EPFO

Page 16: Make in India

Initiatives taken for Companies

Amendment in the Companies Act, 2013 introduced to-

Eliminate requirement of minimum paid-up capital

Eliminate requirement of common seal

Elimination of declaration of Commencement of

Business

Page 17: Make in India

Delhi- Mumbai lndustrial Corridor

Page 18: Make in India

Chennai- Bengaluru Industrial Corridor

Page 19: Make in India

Bengaluru- Mumbai Industrial Corridor

Page 20: Make in India

Chennai- Vizag Industrial Corridor

Page 21: Make in India

National Industrial corridor development authority (NICDA) being created

Converging Industrial corridors

Page 22: Make in India

FDI inflows in India – top sectors (2014-15)

Page 23: Make in India