Make in India
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Transcript of Make in India
Overview• Make in India campaign was launched by Prime Minister Mr. Narendra Modi on 25th
September 25th 2014• It is a national program designed to transform India into global manufacturing hub• The initiative is meant to cut red tape, spur foreign investment and transform India into
a vibrant economy• Twenty five sectors have been identified as priority areas including Automobile,
construction, Food processing, IT, Defence, Aviation and many more• Introduction of 24/7 e-portal to address the industry concern and get back to them 48-
72 hours• It includes major new initiatives designed to facilitate investment, foster innovation,
protect intellectual property and built best in class Manufacturing Infrastructure
Sectors Automobiles Biotechnology Defence Manufacturing Food Processing Media and Entertainement Pharmaceuticals Renewable Energy Railways Oil and Gas Leather Aviation
Textile and garments Wellness Ports Mining IT and BPM Ports Roads and Highways Thermal power Space Construction Electronic System
Growth Drivers:Revival in demand for IT
services from US and Europe
Increasing adoption of technology and telecom by
customersHigh value client additions bigger than USD 1 million registering 13.5% growth
Reasons to invest:The IT-BPM sector
contributes 8.1% of the country GDP
India’s IT industry amounts to 7% of global
marketRapidly growing urban
infrastructure has fostered several IT centres
FDI Policy:Upto 100% is permitted under automatic route
IT AND BPM
Ease of Doing Business
Process of applying to industrial licence made online on 24X7 basis through e-biz portal
Services of all central government will be integrated with the E-biz
Validity of industrial licence extended to three years
All return should be filed online through a unified form
Doing business in India just got easier-new delicencing and deregulation measures are reducing complexity, and significantly increasing speed and transparency