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BBA Minor Report On MAKE IN INDIA

The document discusses the Make in India campaign launched by Prime Minister Narendra Modi in September 2014. The campaign aims to transform India into a global manufacturing hub and increase the sector's contribution to India's GDP to 25%. It focuses on 25 priority sectors for foreign investment. While the campaign brings benefits like skilled labor and natural resources, India also faces challenges like low rankings in ease of doing business and inadequate infrastructure that had deterred companies from manufacturing in India previously.

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0% found this document useful (0 votes)
332 views43 pages

BBA Minor Report On MAKE IN INDIA

The document discusses the Make in India campaign launched by Prime Minister Narendra Modi in September 2014. The campaign aims to transform India into a global manufacturing hub and increase the sector's contribution to India's GDP to 25%. It focuses on 25 priority sectors for foreign investment. While the campaign brings benefits like skilled labor and natural resources, India also faces challenges like low rankings in ease of doing business and inadequate infrastructure that had deterred companies from manufacturing in India previously.

Uploaded by

Súdhír Yãdáv
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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Enrolment no:.

04350501715

MINOR PROJECT REPORT

Personality Development and Communication Skills -III (BBA-209)

BBA III SEMESTER

LEADERSHIP AND CUSTOMER SATISFACTION


(With Special Reference to Hindustan Unilever ltd.)

Internal Guide: Submitted By:

Name Of The Guide: Name Of The Student :

DR.SUNITI CHANDIOK SUDHIR KUMAR YADAV

Designation; Batch: 2015-2018

Submitted To:

Banarsidas Chandiwala Institute Of


Professional Studies

(Affiliated to GGSIPU(Guru Gobind Singh Indraprastha University))

DECLARATION

1
I here by declare that this Minor Project Report titled “MAKE IN INDIA“ as a topic
under case study submitted by me to Banarsidas Chandiwala Institute of Professional
Studies, Dwarka is a bonafide work undertaken during the period from 20th June
2016 to 1st sept 2016 by me and has not been submitted to any other University or
Institution for the award of any degree diploma / certificate or published any time
before.

(Signature of the Student)

Name: Sudhir Kumar Yadav

Enroll. No.: 04350501715

Date: / / 2016

BONAFIDE CERTIFICATE

2
This is to certify that as per best of my belief the project entitled “MAKE IN INDIA”
is the bonafide research work carried out by ‘Sudhir Kumar Yadav’ student of BBA,
BCIPS, Dwarka, New Delhi, in partial fulfillment of the requirements for the Minor
Project Report of the Degree of Bachelor of Business Administration.
He has worked under my guidance.

Project Guide (Internal)

Name: DR.SUNITI CHANDIOK

Date:

Counter signed by

Director

Name:

Date:

ACKNOWLEDGEMENT

3
This project work has been a great experience to me. This work would not have been
possible without the help, cooperation, constructive suggestion and well wishes of
many people. I would like to thank all of them.

I owe my profound respect to Dr. Suniti Chandiok , my project guide, and express
my deep sense of gratitude for her inspirations, valuable and scholarly guidance,
imperative suggestions and personal attention at each stage of the Work. Her
knowledge, dedication towards research, exemplary devotion and trust towards me
has been unique and is the prime key behind the success of this project. Her
personality has been instrumental in blending an exciting spirit and atmosphere for
research. It has been a great opportunity and experience to work with her, as I will
forever cherish the deep interaction I had with her.
.

TABLE OF CONTENTS

4
Topic Page No

1.

5
Make in India Campaign Objective

 Ultimate objective is to make India a renowned manufacturing hub for key


sectors. Companies across the globe would be invited to make investment and set
up factories and expand their facilities in India.

 Using India’s highly talented and skilled manpower to create world class zero
defect products.

 The purpose of Make in India Campaign :-

- Job Creation

- Economic Development

- Global Recognition

6
INTRODUCTION

Make in India campaign

Make in India is the BJP-led NDA government's flagship campaign intended to boost
the domestic manufacturing industry and attract foreign investors to invest into the
Indian economy. The Indian Prime Minister, Mr. Narendra Modi first mentioned the
key phrase in his maiden Independence Day address from the ramparts of the Red
Fort and over a month later launched the campaign in September 2014 with an
intention of reviving manufacturing businesses and emphasizing key sectors in India
amidst growing concerns that most entrepreneurs are moving out of the country due to
its low rank in ease of doing business ratings.

The Make in India Vision

Manufacturing currently contributes just over 15% to the national GDP. The aim of
this campaign is to grow this to a 25% contribution as seen with other developing
nations of Asia. In the process, the government expects to generate jobs, attract much
foreign direct investment, and transform India into a manufacturing hub preferred

7
around the globe.

The logo for the Make In India campaign is a an elegant lion, inspired by the Ashoka
Chakra and designed to represent India's success in all spheres.The campaign was
dedicated by the Prime Minister to the eminent patriot, philosopher and political
personality, Pandit Deen Dayal Upadhyaya who had been born on the same date in
1916.

Why PM wants to Make in India

The Prime Minister called for all those associated with the campaign, especially the
entrepreneurs and the corporates, to step and discharge their duties as Indian nationals
by First Developing India and for investors to endow the country with foreign direct
investments. The Prime Minister also promised that his administration would aid the
investors by making India a pleasant experience and that his government considered
overall development of the nation an article of faith rather than a political agenda. He
also laid a robust foundation for his vision of a technology-savvy Digital India as
complementary to Make In India. He stressed on the employment generation and
poverty alleviation that would inevitably accompany the success of this campaign.

Launch Ceremony

Prime Minister Mr. Narendra Modi launched the Make In India campaign on
September 25, 2014. The date of the launch was chosen to be of maximum advantage.
Coming right after the successful insertion of Mangalyaan - a wholly indigenously
built low-cost probe into the Martian orbit - the event highlighted India's success in
manufacturing, science and technology, and all this at inexpensive costs. It also came
just a day ahead of the Prime Minister's maiden US visit. Calculated to enhance
India's attractiveness as an investment destination, the launch ceremony was held at
the Vigyan Bhavan in New Delhi. Thehall thronged with attendees, a number of
whom did not even find seats. Leading entrepreneurs and the CEOs of about 3000
companies from across 30 countries were invited to attend the launch.
Law Minister Mr. Ravishankar Prasad and Commerce Minister Ms. Nirmala
Sitharaman were part of the occasion. Apart from them, a number of corporate head

8
honchos with deep roots in the country also spoke at the occasion. These include - Mr.
Cyrus Mistry (Chairman, Tata Sons), Mr. Kenichi Ayukawa (MD and CEO, Maruti
Suzuki India), Mr. Mukesh Ambani (Chairman & Managing Director, Reliance
Industries), Mr. Azim Premji (Chairman, Wipro Limited), Mr. KM Birla Chairman,
Aditya Birla Group), Ms. Chanda Kochchar (MD & CEO, ICICI Bank), Mr. Phil
Shaw (CEO, Lockheed Martin), and Mr. YC Deveshwar (Chairman, ITC).

Sectors in focus

For the Make in India campaign, the government of India has identified 25 priority
sectors that shall be promoted adequately. These are the sectors where likelihood of
FDI (foreign direct investment) is the highest and investment shall be promoted by the
government of India.On the campaign launch, the Prime Minister Mr. Modi said that
the development of these sectors would ensure that the world shall readily come to
Asia, particularly to India where the availability of both democratic conditions and
manufacturing superiority made it the best destinations, especially when combined
with the effective governance intended by his administration.

Automobiles Food Processing Renewable Energy

Automobile Components IT and BPM Roads and highways

Aviation Leather Space

Biotechnology Media and Entertainment Textiles and garments

Chemicals Mining Thermal Power

Construction Oil and Gas Tourism and Hospitality

Defence manufacturing Pharmaceuticals Wellness

Electrical Machinery Ports

Electronic Systems Railways

9
10
Benefits and disadvantages of Make in India

India is a country rich in natural resources. Labour is aplenty and skilled labour is
easily available given the high rates of unemployment among the educated class of
the country. With Asia developing as the outsourcing hub of the world, India is soon
becoming the preferred manufacturing destination of most investors across the globe.
Mae in India is the Indian government's effort to harness this demand and boost the
Indian economy.

India ranks low on the "ease of doing business index". Labour laws in the country are
still not conducive to the Make in India campaign. This is one of the universally noted
disadvantages of manufacturing and investing in India.

Why Companies were not manufacturing in India

11
Make in India campaign is at loggerheads with the Make in China ideal that has
gained momentum over the past decade. China is a major rival to India when it comes
to the outsourcing, manufacturing, and services business. India's ailing infrastructure
scenario and defunct logistics facilities make it difficult for the country to achieve an
elite status as a manufacturing hub. The bureaucratic approach of former
governments, lack of robust transport networks, and widespread corruption makes it
difficult for manufacturers to achieve timely and adequate production. The Modi
government has vowed to remove these hurdles and make the nation an ideal
destination for investors to set up industries.

The Make in India Website

Apart from the launch of a colourful brochure, which should find its way into the
hands of anyone intending to invest into India, the government of India also launched
a website to supplement the campaign. The Make In India website highlights each of
the 25 target sectors with statistics, reasons to invest, growth drivers, all policies
relevant to investors and the individual sectors, government support, and opportunities
for investors apart from showcasing the live projects that have been undertaken and
FAQs. The website also links to the campaigns Social Media feeds on Twitter,
Facebook, Google Plus, and YouTube.

Criticism and concerns

The NDA government's Make In India campaign has till early October attracted INR
2000 crore worth investment proposals. The campaign has, despite this,found its fair
share of critics. The topmost of these criticisms is leveled against the incumbent
government. It has been felt that the government does not walk its talk - labour
reforms and policy reforms which are fundamental for the success of the Make In
India campaign have not yet been implemented. A number of layoffs in companies
such as Nokia India cast long shadows over the campaign. A number of technology
based companies have not been enthused by the campaign launch and have professed
to continue getting their components manufactured by China.

12
Campaign Name Make In India

Launch Date 09/25/14

Launched By PM Mr. Narendra Modi

Number of Sectors 25

Investment Proposals Received INR 2000 crore (till 9-Oct-2014)

Why Make In India?


1) The first and most important condition in order to make in India is to have a low
inflation regime where policies are predictable and consistent.
2) High inflation reduces two ingredients of a successful make in India campaign :-

a)Capital accumulation &


b)The rate of change in productivity.

3) Beyond inflation, make in India investors will look for policy stability with
respect to trade, duties i.e both import and export and taxation.

How this would be achieved?

 Skill development programs would be launched especially for people from


rural and poor ones from urban cities.
13
 25 key sectors have been short listed such as telecommunications, power,
automobile, tourism, pharmaceuticals and others.

 Individuals aged 15-35 years would get high quality training in the
following key areas such as welding, masonries, painting, nursing to help
elder people.

 Skill certifications would be given to make training process, a standard.


Currently manufacturing in India suffers due to low productivity rigid laws
and poor infrastructure resulting in low

 quality products getting manufactured.


Over 1000 training centres would be opened across India in the next 2 years.

Benefits from Make In India Campaign


 This will help in creating job market for over 10 million people in India.
 Manufacturing done here would boost India’s GDP, trade and economic grow.

Top Corporate Companies Attended Make In India


Campaign:

 Tata Group
 Reliance Industries
 Biocon
 Samsung
 Honda
 Airbus
 Wipro
 Vodafone

14
 Contribution to the economy by basis sectors:

 Primary: involves the retrieval and production of raw materials, such as corn,
coal, wood and iron. (A coal miner and a fisherman would be workers in the
primary sector.)
 Secondary: involves the transformation of raw or intermediate materials into
goods e.g. manufacturing steel into cars, or textiles into clothing. (A builder and a
dressmaker would be workers in the secondary sector.)
 Tertiary: involves the supplying of services to consumers and businesses, such as
baby-sitting, cinema and banking. (A shopkeeper and an accountant would be
workers in the tertiary sector.)

India’s top exports

15
Changes from 2013-14 to 2014-15

The following export product groups represent the highest dollar value in Indian
global shipments during 2014-2015. Also shown is the percentage share each export
category represents in terms of overall exports from India.

16
1. Gems, precious metals: US$38.8 billion (14.7% of total exports)
2. Oil: $30.9 billion (11.7%)
3. Vehicles: $14.1 billion (5.3%)
4. Machines, engines, pumps: $13.2 billion (5%)
5. Pharmaceuticals: $12.5 billion (4.7%)
6. Organic chemicals: $11.2 billion (4.3%)
7. Clothing (not knit or crochet): $9.4 billion (3.5%)
8. Electronic equipment: $7.9 billion (3%)
9. Knit or crochet clothing: $7.8 billion (2.9%)
10. Cotton: $7.5 billion (2.8%)

 Pharmaceuticals were the fastest-growing among the top 10 export categories,


up 51.7% for the 5-year period starting in 2011.

 In second place for improving export sales were vehicles which gained 36.7%
led by cars.

 Indian unknit and non-crocheted clothing posted the third-fastest gain in value
at 34%.

 The only declining category among the top 10 Indian exports was oil which
was down by -45.3% particularly refined petroleum products.

Major Indian Export Companies


India placed 54 corporations on the Forbes 2015 Global 2000 rankings. Many of these
are major Indian export companies. Below is a selection of some of the biggest Indian
corporations.
17
 Reliance Industries (oil, gas)
 Tata Motors (cars, trucks)
 Indian Oil (oil, gas)
 Coal India (diversified metals, mining)
 ITC (tobacco)
 Bharat Heavy Electricals (electrical equipment)
 Hindalco Industries (aluminum)
 Tata Steel (iron, steel)
 Bharat Petroleum (oil, gas)
 Hindustan Petroleum (oil, gas)
 Sun Pharma Industries (pharmaceuticals)
 Steel Authority of India (iron, steel)
 Bajaj Auto (recreational products)
 Hero Motocorp (recreational products)
 Grasim Industries (construction materials)
 JSW Steel (iron, steel)

Top 2 Reasons: Why ‘Make in India’ is positive for markets,


economy..?

 "We should manufacture goods in such a way that they carry zero defects, so
that our exported goods are never returned to us. We should manufacture
goods with zero effect that they should not have a negative impact on the
environment" PM Modi said in his speech on 68th Independence Day.

18
Here is the collated a list of stocks from various sectors, which
are likely to benefit as India marches forward on the growth map:

 Infrastructure sector: Larsen and Toubro, IRB Infra and Adani Ports should
be the key beneficiaries of policy moves on building transport infrastructure.

19
 Power Sector: Power Grid Corp should be the biggest beneficiary of the
second generation reforms in the power sector.

 Banking: Axis Bank, ICICI Bank, SBI, PFC and REC should be the key
beneficiaries of India's big infra opportunity, given their domain expertise in
Infra financing.

 Oil & Gas: ONGC is set to emerge as the biggest beneficiary of the dramatic
reduction in fuel subsidy over the next five years.

 Metals & Mining: Tata Steel, JSW Steel and UltraTech should be key
beneficiaries of India's move to materials intensive growth.

Second Reason- Need to increase FDI

Each 1 per cent increase in FDI adds about 0.4 per cent to a country's GDP growth.
So, to boost GDP growth by about 2 per cent, India will need about 5 per cent
increase in FDI.

20
21
Problems in Current scenario:

 Why Arurvedya being the ancient medical science still at the second place?

 Being the second largest populated state, we still stand nowhere in the terms of
economy!

22
No. of programmes and reason to invest in it :

SPACE

 India’s space programme stands out as one of the most cost-effective in the
world.

Reason to Invest

 India’s space program has launched 40 satellites for 19 countries. With ISRO
undertaking the development of technologies & interplanetary exploratory
mission, there is a scope in contribution to realization of operational mission
and new areas.

Growth Drivers

 The Indian Space Research Organization


 Space Commerce

FDI Policy
 FDI up to 74% is allowed in satellites- establishment and operation, subject to
the sectoral guidelines of the Department of Space/ISRO, under the
government route.

23
Sector Policy

 Satellite Communication Policy

THERMAL POWER
Reason to Invest
 Government is targeting a capacity of 88.5 GW during 2012-17 & 86.4GW
during 2017-22.

Growth Drivers
 Expansion in industrial activity to boost demand for electricity.
 A growing population is likely to boost demand for energy.
 Increasing market penetration and per-capita usage will provide further
impetus to the energy industry.
 Large capacity additions (174.9 GW) are targeted upto 2022.

FDI Policy
 100% FDI is allowed under the automatic route in the power sector, subject to
all the applicable regulations and laws.

Sector Policy
 Electricity Act 2003
 National Tariff Policy 2006

WELLNESS
 2nd largest exporter of Ayurvedic and alternative medicine in the world.

24
Reason to Invest
 Indian system of medicine & homoeopathy are widely recognised for their
holistic approach to health & capability for meeting health challenges.

 The sector is growing at 20% from year to year.

Growth Drivers
 Department of Ayurveda, Yoga and Naturopathy, Unani, Siddha and
Homoeopathy

 Central Sector Scheme for promotion of International Cooperation

FDI Policy
 100% FDI is permitted in the AYUSH sector.

Sector Policy
 The National Rural Health Mission
 National Policy on Indian Systems of Medicine & Homoeopathy – 2002.

MEDIA AND ENTERTAINMENT

 3rd largest TV market in the world.


 800 TV channels.

Reason to Invest
 India has a large broadcasting & distribution sector, comprising 800 TV
channels, 6000 multi-system operator, 7 DTH operator.
 Total market size of Indian entertainment industry growing by 11.8% over
2012.

25
Growth Drivers
 Television and AGV

FDI Policy
 Broadcasting Carriage Services
 Broadcasting Content Services

Sector Policy
 The Cable Television Networks (Regulation) Amendment Act

AUTOMOBILE

 2.15 million vehicles produced by 2013-2014


Reason to invest
 7% of the country’s GDP by volume
 By 2015, India is expected to be the fourth largest automotive market by
volume in the world.

Growth Driver
 Two-wheelers and three-wheelers are projected to expand at a CAGR of 9%
between 2013-20.

Sector Policy
 Automatic approval for foreign equity investment up to 100% with no
minimum investment criteria.

AUTOMOBILE COMPONENTS

Reason to invest
 4th largest steel producer in the world.

26
 2nd largest steel producer by 2015,
Growth driver
 Geographically closer to key automotive markets like the ASEAN, Japan,
Korea & Europe.

Sector policy
 Increased investments in R&D operations and laboratories, conduct activities
such as analysis, simulation and engineering animations.
 Automatic approval for 100% foreign equity investment in auto components
manufacturing facilities.
 Establishment of automotive training institutes and auto design Centre's,
special auto parks and virtual SEZs for auto components.

OIL & GAS


Reason to invest
 4th largest consumer of crude oil and petroleum products in the world.
 2nd largest refiner in Asia.

Growth driver
 New Exploration Licensing Policy and the Coal Bed Methane Policy have
been put in place to encourage investments .
 Oil imports constitute over 80% of India’s total domestic oil consumptions of
May, 2014.

Sector policy
 The government has decided to set up strategic storage of 5.03 MMT of crude
oil at 3 locations – Visakhapatnam, Bangalore and Padur.
 The Policy on Shale Gas & Oil, 2013 allows companies to apply for shale gas
and oil rights in their petroleum exploration licenses and petroleum mining
leases.

27
IT & BPM
 USD 118 Billion –expected 2014 revenues.

Reason to invest
 The IT-BPM sector constitutes 8.1% of the country’s GDP and contributes
significantly to public welfare.

Growth driver
 The sector includes 600 offshore development centres (ODCs) of 78 countries.

Sector policy :
National Policy on Information Technology 2012 aims to increase revenues of IT and
BPM industry to USD 300 Billion by 2020 and expand exports to USD 200 Billion by
2020.
 Allocation of INR 5 Billion for launching a pan-India programme – Digital
India and a national rural internet and technology mission for services in
villages and schools, training in IT skills and E-Kranti for government service
delivery and governance scheme.

28
INDUSTRIAL CORRIDOR

 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.

29
 A National Industrial Corridor Development Authority (NICDA) is being
established to converge and integrate the development of all industrial
corridors.

DELHI-MUMBAI INDUSTRIAL CORRIDOR

 The DMIC project was launched in pursuance of an MOU signed between


the Government of India and the Government of Japan in December 2006.
DMIC Development Corporation (DMICDC) incorporated in 2008, is the
implementing agency for the project. DMICDC has been registered as a
company with 49% equity of Government of India, 26% equity of the JBIC
and the remaining held by government financial institutions. The Japanese
Government had also announced financial support for DMIC project to an
extent of USD 4.5 Billion in the first phase for the projects with Japanese
participation involving cutting-edge technology.

 The project spans the states of Uttar Pradesh, Haryana, Rajasthan, Madhya
Pradesh, Gujarat and Maharashtra along the Western Dedicated Freight
Corridor (DFC) of the railways. Initially, eight nodes/cities in the six DMIC
states have been taken up for development. The master plans for all the nodes
except Dadri-Noida-Ghaziabad Investment Region in Uttar Pradesh have
been completed and accepted by the State Government(s). Land acquisition
for the new industrial regions/areas as well as for the Early Bird Projects
identified for development as model initiatives are in different stages of
progress in different states. The five SPVs in respect of Integrated Industrial
Township Project, Greater Noida (UP), Water Supply Project (MP),
Integrated Industrial Township Vikram Udyogpuri near Ujjain (MP), the
Model Solar Power Project in Neemrana, Rajasthan and Shendra Bidkin
Industrial Park (Maharashtra) have been formed. DMIC Trust has approved
the release of funds to the SPV equivalent to the value of land to be
transferred by the State Government.

30
 Two Early Bird Projects namely Integrated Industrial Township Project,
Greater Noida (UP) & Integrated Industrial Township Vikram Udyogpuri near
Ujjain (MP) and Shendra-Bidkin Industrial Park where land have been made
available, by the State Governments of Uttar Pradesh, Madhya Pradesh and
Maharashtra respectively, have been taken forward for implementation.
Dholera Special Investment Region (DSIR) in Gujarat where State
Government has assured the availability of land has also been taken forward
for implementation. The tender packages for appointment of Engineering,
Procurement, Construction (EPC) contractor for implementation of trunk
infrastructure like roads, drainage, sewerage, underground utilities etc. in
these projects have been issued. For Integrated Industrial Township Vikram
Udyogpuri Project, near Ujjain EPC, contractor has already been appointed.

 The progress of the project is being regularly being monitored by the


Department of Industrial Policy and Promotion.

Bengaluru-Mumbai Economic Corridor (BMEC)

 Perspective Planning finalized and approved by the respective State


Government(s)

 Four nodes in the State of Maharashtra and six nodes in the State of
Karnataka have been identified under Perspective Planning, of which, one
node from each State Governments is to be shortlisted for Master Planning.

 State Government of Karnataka had identified 'Dharwad' as the first industrial


node in Karnataka under the BMEC. DMICDC, the nodal agency of project,
has initiated the work of master planning of 'Dharwad' Node in Karnataka.

31
 Tender documents for Selection of Consultants for Detailed Master Planning
and Preliminary Engineering of Dharwad has been shared with State
Government of Karnataka for review

 Identification of site in Maharashtra is under consideration by the State


Government

CHENNAI-BENGALURU INDUSTRIAL CORRIDOR PROJECT

 Master planning of three identified nodes namely Ponneri (Tamil Nadu),


Tumkur (Karnataka) and Krishnapatnam (Andhra Pradesh) in CBIC has been
completed. Preliminary Environment Impact Assessment Study for these
nodes is under progress. State Governments have been asked to finalize legal
framework for signing of State Support Agreement (SSA) and Share Holder
Agreement (SHA)
 Perspective Planning is complete
 Tender packages for Detailed Master Planning and Preliminary Engineering
for identified nodes i.e. Krishnapatnam and Ponneri have already been
issued; will be issued soon for Tumkur

VIZAG-CHENNAI INDUSTRIAL CORRIDOR

 Envisaged as a part of the East Coast Economic Corridor linking Kolkata-


Chennai-Tuticorin
 Conceptual Development Plan has been completed by Asian Development
Bank (ADB)
 ADB has initiated Master Planning for two nodes namely Vishakhapatnam
and Srikalahasti-Yerpedu in the last quarter of 2016, likely to be completed in
2016
 Department of Economic Affairs has accorded approval of project loan of
USD 500 million and programme loan of USD 125 million from ADB to the
Government of Andhra Pradesh for VCIC Project.

32
AMRITSAR–KOLKATA INDUSTRIAL CORRIDOR

 DMICDC has been entrusted with the work of undertaking the feasibility
study of AKIC as the nodal agency.
 Perspective Planning to be completed by September 2016.
 M/s LEA Associates South Asia Pvt. Ltd. have ben appointed as the Project
consultants for Preparation of Perspective Plan.
 Detailed Master Planning and Preliminary Engineering will be taken up after
completion of Perspective Planning and acquisition of land by respective State
Government(s)

NEW INITIATIVES

The Make in India program includes major new initiatives designed to facilitate
investment, foster innovation, protect intellectual property, and build best-in-class
manufacturing infrastructure.

NEW PROCESSES

(ACTIONS COMPLETED)

1) 14 government services delivered via eBiz, a single-window online portal

20 services have been integrated into the portal

 Employer Registration (Employee’s State Insurance Corporation, 12-Dec-14)

 Industrial License (Department of Industrial Policy and Promotion, 20-Jan-14)


 Industrial Entrepreneur Memorandum (Department of Industrial Policy and
Promotion, 20-Jan-14)
 Name Availability (Ministry of Corporate Affairs, 19-Feb-15)
 Director Identification Number (Ministry of Corporate Affairs, 19-Feb-15)
 Certificate of Incorporation (Ministry of Corporate Affairs, 19-Feb-15)

33
 Commencement of Business 1 (Ministry of Corporate Affairs, 19-Feb-15)
 Issue of Permanent Account Number (PAN) (Central Board of Direct Taxes, 19-
Feb-15)
 Issue of Tax Deduction Account Number (TAN) (Central Board of Direct Taxes, 19-
Feb-15)
 Reserve Bank of IndiaAdvanced Foreign Remittance (AFR)19-Feb- 15
 Foreign Collaboration-General Permission Route (FC-GPR) (Reserve Bank of India ,
19-Feb-15)
 Employer Registration (Employees’ Provident Fund Organization, 19-Feb-15)
 Issue of Explosive License (Petroleum and Explosives Safety Organization, 19-Feb-
15)
 Importer Exporter Code License (Directorate General of Foreign Trade, 19-Feb-15)
 Foreign Currency- Transfer of Shares 2 (Reserve Bank of India, 24-Aug-15)
 Issue of custom duty concession certificate to entrepreneurs under project import
scheme (Department of Heavy Industry (DHI), 01-Oct-15)
 Changes or correction in PAN data (Central Board of Direct Taxes (CBDT), 01-Oct-
15)
 Registration under the Contract Labour Act, 1970 (Ministry of Labour and
Employment (MoL&E), 28-Oct-15)
 Registration under the Building and other construction workers Act, 1996 (Ministry of
Labour and Employment (MoL&E), 28-Oct- 15)
 Registration under the Inter-State Migrant Workmen Act, 1979 (Ministry of Labour
and Employment (MoL&E), 28-Oct-15)

2) Online portals for Employees State Insurance Corporation (ESIC) and Employees
Provident Fund Organization (EPFO) for:

 Real-time registration

 Payments through 56 accredited banks


 Online application process for environmental and forest clearances

3) Department of Commerce, Government of India has launched Indian Trade Portal.


Important feature of this portal is to be a single point for relevant information on
measures other than tariff called the non-tariff measures like standards, technical

34
regulations, conformity assessment procedures, sanitary and Phytosanitary measures
which may affect trade adversely.

4) The Companies (Amendment) Act, 2015 has been passed to remove requirements
of minimum paid-up capital and common seal for companies. It also simplifies a
number of other associated regulatory requirements. It also simplifies a number of
other regulatory requirements.

5) An Investor Facilitation Cell has been created in ‘Invest India’ to guide, assist and
handhold investors during the entire life-cycle of the business.

6) The Department of Industrial Policy and Promotion has also set up Japan Plus and
Korea Plus. They are special management teams to facilitate and fast track investment
proposals from Japan and Korea respectively.

7) Protecting Minority Investors: Greater disclosure of conflicts of interest is now


required by board members, increasing the remedies available in case of prejudicial
related-party transactions. Additional safeguards have been put for shareholders of
privately held companies

( MEASURES UNDERWAY)
Eliminate requirement of minimum paid-up capital and common seal

 Requirement of minimum paid up capital and common seal under the Companies Act
2013 done away with. (Companies Act 2013) Single-window clearance for import and
export.

 Central Board of Excise and Customs(CBEC) has implemented Single Window


Interface for Facilitating Trade (SWIFT) (online single window for clearance of
goods) on the ICEGATE portal by integrating FSSAI, Animal Quarantine, Plant
Quarantine, Drug Controller and Wildlife Control Bureau for imports. (CBEC
Website ᄃ)

35
Integrate processes for obtaining PAN, TAN, ESIC and EPFO registration with
incorporation of company.

 Registration for Permanent Account Number (PAN), Tax Deduction Account Number
(TAN), EPFO (Employees' Provident Fund Organization) and ESIC (Employee's State
Insurance Corporation) and incorporation of company can be done through a single
form on eBiz portal. (eBiz Website ᄃ).

(NEW INFRASTRUCTURE)

1. The Smart Cities Mission is progressing, with Special Purpose Vehicles for 19
cities already set up.

2. Delhi-Mumbai Industrial Corridor is a mega infra-structure project of USD 90


billion with financial and technical aids from Japan, covering an overall length of
1,483 Kms.

3. The eight investment regions proposed to be developed in Phase I of Delhi Mumbai


Industrial Corridor are:

 Dadri-Noida- Ghaziabad (in UP)

 Manesar- Bawal (in Haryana)


 Khushkhera-Bhiwadi- Neemrana (in Rajasthan)
 Jodhpur- Pali-Marwar (in Rajasthan)
 Pithampur-Dhar- Mhow (in MP)
 Ahmedabad-Dholera Special Investment Region (SIR) in Gujarat
 Shendra-Bidkin Industrial Park (in Maharashtra)
 Dighi Port Industrial Area (in Maharashtra)

4. Fourteen National Investment and Manufacturing Zones outside the DMIC region
have also been given in-principle approval. These regions are in the states of
Maharashtra, Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, Uttar Pradesh and
Odisha

5. Industrial projects like Bengaluru Mumbai Economic Corridor (BMEC) project,


Chennai Bengaluru Industrial Corridor (CBIC), Amritsar Kolkata Industrial Corridor

36
(AKIC) and Visakhapatnam-Chennai Industrial Corridor (VCIC) are under initial
stages of planning.

 The final perspective plan for BMEC has been completed and submitted to
Maharashtra and Karnataka.

 Draft shareholders agreement and state support agreement have been shared with state
governments for CBIC.

(NEW SECTORS)

1.Defence

 Up to 49%, automatic route; FDI above 49%, through Government route


where it is likely to result in access to modern technology or for other reasons
to be recorded.

2. Civil Aviation

 100 per cent FDI under automatic route in Greenfield Projects.

 74 per cent FDI in Brownfield Projects under automatic route. FDI beyond 74
percent for Brownfield Projects is under government route.

RESPONSE

January–June 2015

 In January 2015, the Spice Group said it would start a mobile phone
manufacturing unit in Uttar Pradesh with an investment of 5 billion (US$74
million). A memorandum of understanding was signed between the Spice
Group and the Government of Uttar Pradesh.

 In January 2015, Hyun Chil Hong, the President & CEO of Samsung South
Asia, met with Kalraj Mishra, Union Minister for Micro, Small and Medium
Enterprises (MSME), to discuss a joint initiative under which 10 "MSME-

37
Samsung Technical Schools" will be established in India.In February,
Samsung said that will manufacture the Samsung Z1 in its plant in Noida.

 In February 2015, Hitachi said it was committed to the initiative. It said that it
would increase its employees in India from 10,000 to 13,000 and it would try
to increase its revenues from India from 100 billion in 2013 to ¥210 billion. It
said that an auto-component plant will be set up in Chennai in 2016.

 In February 2015, Huawei opened a new research and development (R&D)


campus in Bengaluru. It had invested US$170 million to establish the research
and development centre. It is also in the process of setting up a Telecom
hardware manufacturing plant in Chennai, the approvals of which have been
granted by the central government.Also in February, Marine Products Export
Development Authority said that it was interested in supplying shrimp eggs to
shrimp farmers in India under the initiative.

 In February 2015, Xiaomi began initial talks with the Andhra Pradesh
government to begin manufacturing smartphones at a Foxconn-run facility in
Sri City. On 11 August 2015, the company announced that the first
manufacturing unit was operational and introduced the Xiaomi Redmi 2
Prime, a smartphone that was assembled at the facility.Xiaomi India chief
executive Manu Jain stated, "We announced our Make in India plans in the
beginning of this year 2015.We thought it would take us two years to set up
this manufacturing plant. But surprisingly we were able to set up everything
and our production started within seven months.

 In June 2015, France-based LH Aviation signed an MoU with OIS Advanced


Technologies to set up a manufacturing plant in India to manufacture drones.

July–December 2015

 On 8 August 2015, Foxconn announced that it would invest US$5 billion over
five years to set up a research and development and hi-tech semiconductor
manufacturing facility in Maharashtra.Less than a week earlier, General

38
Motors had announced that it would invest US$1 billion to begin
manufacturing automobiles in the state.

 On 18 August 2015, Lenovo announced that it had begun manufacturing


Motorola smartphones at a plant in Sriperumbudur near Chennai, run by
Singapore-based contract manufacturer Flextronics International Ltd. The
plant has separate manufacturing lines for Lenovo and Motorola, as well as
quality assurance, and product testing. The first smartphone manufactured at
the facility was the 4G variant of the Motorola Moto E (2nd generation).

 On 16 October 2015, Boeing chairman James McNerney said that the


company could assemble fighter planes and either the Apache or Chinook
defence helicopter in India.The company is also willing to manufacture the
F/A-18 Super Hornet in India if the Indian Air Force (IAF) were to purchase
it.

 In November 2015, Taiwan's Wistron Corp, which makes devices for


companies such as Blackberry, HTC and Motorola, announced that it would
begin manufacturing the devices at a new factory in Noida, Uttar Pradesh. A
company spokesperson stated, "The government's 'Make in India' campaign,
coupled with the country's growing consumption, makes an excellent case for
the Indian manufacturing sector to emerge as a global manufacturing hub
across sectors."

 On 30 November 2015, the Ministry of Railways signed formal agreements


with Alstom and GE Transport worth ₹400 billion (US$5.9 billion) to set-up
locomotive manufacturing factories in Madhepura and Marhaura in Bihar.

 In December 2015, Qualcomm announced that it was starting a "Design in


India" programme to help mentor up to ten Indian hardware companies with
the potential to come up with innovative solutions and help them reach scale.
Qualcomm chairman had promised Prime Minister Modi that they would do
so during the latter's visit to Silicon Valley in September 2015. As part of the
programme, the company will set up an Innovation Lab in Bengaluru to
provide technical and engineering support to the selected companies.In the
same month, Micromax announced that it would three new manufacturing
units in Rajasthan, Telangana and Andhra Pradesh at a cost of ₹3 billion

39
(US$45 million). The plants will begin functioning in 2016, and will each
employ 3,000-3,500 people.

 Following Japanese Prime Minister Shinzo Abe's visit to India in December


2015, it was announced that Japan would set up a US$12 billion fund for
Make in India related projects called the "Japan-India Make-in-India Special
Finance Facility". In late December, phone manufacturer Vivo Mobile India
began manufacturing smartphones at a plant in Greater Noida. The plant
employs 2,200 people.

 A defence deal was signed during Prime Minister Narendra Modi's visit to
Russia in December 2015 which will see the Kamov Ka-226 multi-role
helicopter being built in India. This is widely seen as the first defence deal to
be actually signed under the Make in India campaign.

CONCLUSION

40
Through Make In India initiative, government will focus on building physical
infrastructure as well as creating a digital network to make India a global hub for
manufacturing of goods ranging from cars to softwares, satellites to submarines,
pharmaceuticals to ports and paper to power.

This initiative is nothing less but a giant leap or the step of a lion. As we write this,
the official Facebook page of Make In India has crossed 120K likes and its twitter
handle has more than 13K followers, all this, in a day’s time.
Here’s everything about MakeInIndia and why it is a stepping stone towards making
India an investment hub.
It is important for the purchasing power of the common man to increase, as this would
further boost demand, and hence spur development, in addition to benefiting
investors. The faster people are pulled out of poverty and brought into the middle
class, the more opportunity will there be for global business. Therefore, investors
from abroad need to create jobs. Cost effective manufacturing and a handsome buyer

41
– one who has purchasing power – are both required. More employment means more
purchasing power.
If each one of our millions of youngsters resolves to manufacture at least one such
item, India can become a net exporter of goods. I, therefore, urge upon the youth, in
particular our small entrepreneurs that they would never compromise, at least on two
counts. First, zero defect and, second again zero effect. We should manufacture goods
in such a way that they carry zero defect, that our exported goods are never returned
to us. We should manufacture goods with zero effect that they should not have a
negative impact on the environment.

42
BIBLIOGRAPHY

Websites--

 www.google.com
 En.wikipedia.org

 www.search.com

 http://www.makeinindia.in

 https://yourstory.com/2014/09/make-in-india-narendra-modi

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