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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 + [email protected]/bahrimehra614-255-5508614-464-2634 (fax)
