MAKE IN INDIA

Job Creation and Economic Development and to give the Indian

economy global recognition

INDIA

• India is one of the world's fastest-growing economies.

• The tenth-largest in the world by nominal GDP and the third-largest by purchasing power parity (PPP).

Where Are We?•  India has been recording sustained trade

deficits since 1980 mainly due to the high growth of imports, particularly of crude oil, gold and silver. 

ON INDEPENDENCE DAY• Invited global companies to pick India to

locate factories, promising to replace red tape with red-carpet welcomes.

• To make India break into the top 50 in the World Bank’s ease of business index ranking from the current 134th position.

Zero defect, zero effect• "Our manufacturing should have zero defect

so that our products should not be rejected in the global market. Besides, we should also keep in mind that manufacturing should not have any negative impact on our environment."

ON 25TH SEPTEMBER

• Make in India is an international marketing campaigning slogan coined by the Prime Minister of India,  on September 25, 2014 to attract businesses from around the world to invest and manufacture in India.

Major objective• The major objective behind this initiative is to

focus upon the heavy industries and public enterprises while generating employment in India.

• To facilitate– Investment– Foster innovation– Enhance skills development– Protect intellectual property– To built best-in-class manufacturing infrastructure

The highlights and purpose of Come, Make in India are-

• The campaign, 'Make in India' is aimed at making India a manufacturing hub and economic transformation in India while eliminating the unnecessary laws and regulations, making bureaucratic processes easier and shorter, and make government more transparent, responsive and accountable.

• The government emphasized upon the framework which include the time-bound project clearances through a single online portal which will be further aided by the eight-members team dedicated to answering investor queries within 48 hours and addressing key issues including labor laws, skill development and infrastructure.

Following sectors have been included by the Government in this campaign.

5 things ‘Make In India’ will do• #1 Guide Foreign Investors• #2 Assistance to Foreign Investors• #3 Prompt Response• #4 Provide Relevant Information• #5 Proactive Approach

Decade of manufacturing in India• This is not the first time India is focusing on

its manufacturing sector.• In 2006, the UPA government put out a

national strategy for manufacturing. It even dubbed 2006-15 as the “decade of manufacturing in India.”

Electronic manufacturing still remains a pipe dream

•India has huge potential, but not much has been achieved so far.•Nokia has just closed its manufacturing operation.

Kenichi Ayukawa

• "Costs of production in India increase because of various government policies, procedures, regulations and the way some of the laws are implemented," said Kenichi Ayukawa, Managing Director and CEO, Maruti Suzuki India Ltd, at the 'Make in India' campaign. 

Ambani

• Ambani said in order to succeed in this campaign, it was important to be open to capital and expertise from all over the globe, and implementation of GST will make India one market and strengthen overall Make in India programme. 

‘Made in China’ campaign launched with ‘Make in India’ • Coinciding with Prime Minister Narendra

Modi’s ‘Make in India’ pitch, the Chinese government has launched a ‘Made in China’ campaign with a host of tax concessions in an effort to retain its manufacturing prowess.

• China will encourage high-tech imports, research and development (R&D) to upgrade ‘Made in China’, a decision by the Chinese central government said.

THANK YOU !!!

BYKASETTY RAHUL DAS