BBA Minor Report On MAKE IN INDIA
BBA Minor Report On MAKE IN INDIA
04350501715
Submitted To:
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.
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.
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
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Topic Page No
1.
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Make in India Campaign Objective
Using India’s highly talented and skilled manpower to create world class zero
defect products.
- Job Creation
- Economic Development
- Global Recognition
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INTRODUCTION
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.
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
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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.
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
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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.
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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.
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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.
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.
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.
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Campaign Name Make In India
Number of Sectors 25
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.
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.
Tata Group
Reliance Industries
Biocon
Samsung
Honda
Airbus
Wipro
Vodafone
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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.)
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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.
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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%)
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.
"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.
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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.
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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.
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.
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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!
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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
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.
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Sector 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.
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Reason to Invest
Indian system of medicine & homoeopathy are widely recognised for their
holistic approach to health & capability for meeting health challenges.
Growth Drivers
Department of Ayurveda, Yoga and Naturopathy, Unani, Siddha and
Homoeopathy
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.
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.
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Growth Drivers
Television and AGV
FDI Policy
Broadcasting Carriage Services
Broadcasting Content Services
Sector Policy
The Cable Television Networks (Regulation) Amendment Act
AUTOMOBILE
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.
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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.
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.
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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.
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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.
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A National Industrial Corridor Development Authority (NICDA) is being
established to converge and integrate the development of all industrial
corridors.
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.
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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.
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.
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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
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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)
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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
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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.
( 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.
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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.
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
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(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
2. Civil Aviation
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-
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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, 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.
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
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Motors had announced that it would invest US$1 billion to begin
manufacturing automobiles in the state.
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(US$45 million). The plants will begin functioning in 2016, and will each
employ 3,000-3,500 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
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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
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– 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.
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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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