Make in India

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  (Redirected from Make In Maharashtra)
Make in India
Make In India.png
Country India
Prime Minister(s) Narendra Modi
Key people Ministry of Finance
Launched 25 September 2014; 3 years ago (2014-09-25)
Status Active
Website http://www.makeinindia.com

Make in India, a type of Swadeshi movement covering 25 sectors of economy,[1] was launched by the Government of India in 2014 to encourage companies to manufacture their products in India. As per the current policy, 100% FDI is permitted in all the 25 sectors, except for space (74%), defence (49%) and news media (26%).[2][3] Japan and India announced a US$12 billion "Japan-India Make-in-India Special Finance Facility" fund.[4]

After the launch, India received 16.40 lakh crore (US$260 billion) worth of investment commitments and investment inquiries worth 1.5 lakh crore (US$23 billion) between September 2014 to February 2016.[5][6][7] As a result, India emerged as the top destination globally in 2015 for foreign direct investment (FDI), surpassing the USA and China, with US$60.1 billion FDI.[8] Several states launched their own Make in India initiatives, such as Vibrant Gujarat, "Make in Haryana" and "Make in Maharashtra".[9] India received US $60 billion FDI in FY 2016-17.[10]

Combined with other initiatives by the end of 2017, India rose 42 places on Ease of doing business index, 32 places World Economic Forum’s Global Competitiveness Index, and 19 notches in the Logistics Performance Index.[10]

This initiative converges, synergises and enables other important Government of India schemes, such as Bharatmala, Sagarmala, Dedicated Freight Corridors, Industrial corridors, UDAN-RCS, BharatNet and Digital India.

The "Make In India" initiative

Make in India was launched on 25 September 2014[11] with the objective of job creation and skill enhancement in 25 sectors of the economy,[1] by improving the quality standards and minimising the impact on the environment,[12][13] to attract capital and technological investment in India.[1]

Ease of doing business

India jumped to 100th place out of 190 countries in the World Bank's 2017 ease of doing business index, from 130th in the 2016.[14] In February 2017, the government appointed the United Nations Development Programme (UNDP) and the National Productivity Council to "to sensitise actual users and get their feedback on various reform measures".[15] As a result, now there is competition among the states of India to improve their current ranking on the ease of doing business index based on the completion percentage scores on 98-point action plan for business reform under make in India initiative.[16][17][18][19][20][21] Currently Telangana, Haryana, Odisha, Chhattisgarh and West Bengal (44.35%) are top five states (c. Feb 2018).[22]

Ongoing global campaign

The campaign was designed by Wieden+Kennedy,[23] with the launch a web portal and release of a brochures on the 25 sectors, after foreign equity caps, norms and procedures in various sectors were relaxed, including application of manufacturing application made available online and the validity of licenses was increased to three years.[24]

"Zero Defect Zero Effect" slogan was coined by Prime Minister of India, Narendra Modi, to emphasize on the production mechanism that produces products with no defects with no adverse environmental and ecological effects.[25][26]

"Make in India Week" multi-sectoral industrial event at the MMRDA from 13 February 2016 was attended by 2500+ international and 8000+ domestic, foreign government delegations from 68 countries and business teams from 72 countries and 17 Indian states also held expos. Event received over 15.2 lakh crore (US$240 billion) worth of investment commitments and investment inquiries worth 1.5 lakh crore (US$23 billion), where Maharashtra led with 8 lakh crore (US$120 billion) of investments.[27][28] Previously between September 2014 and November 2015, the government received 1.20 lakh crore (US$19 billion) worth of proposals from companies interested in manufacturing electronics in India,[29]

Sectors covered

Make in India focuses on the following 25 sectors of the economy:

Automobiles

General Motors announced an investment of US$1 billion.[30]

Automobile components

Hitachi an auto-component plant in Chennai by 2016 with the increase in their India employees count from 10,000 to 13,000.[31]

Aviation

LH Aviation announced a manufacturing plant in India to produce drones.[32]

Biotechnology

Chemicals

Construction

Defence manufacturing

India and Russia have deepened their Make in India defence manufacturing cooperation by signing agreements for the construction of naval frigates, KA-226T twin-engine utility helicopters (joint venture (JV) to make 60 in Russia and 140 in India), Brahmos cruise missile (JV with 50.5% India and 49.5% Russia).[33] 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, was widely seen as the first defence deal to be actually signed under the Make in India campaign.[34][35] In August 2015, Hindustan Aeronautics Limited (HAL) began talks with Russia's Irkut Corp to transfer technology of 332 components of the Sukhoi Su-30MKI fighter aircraft under the Make in India program. These components, also called line replacement units (LRUs) refer to both critical and non-critical components and fall into four major heads such as Radio and Radar; Electrical & Electronics System; Mechanical System and Instrument System.[36]

Lockheed Martin announced in February 2016 its plans to manufacture F-16 in India, although it did not announce any time frame.[37] In February 2017, Lockheed stated that it intended to manufacture the F-16 Block-70 aircraft with a local partner in India, if the Indian Air Force agreed to purchase the aircraft.[38]

Boeing announced setting up a factory to assemble fighter planes, either the Apache or Chinook defence helicopter in India,[39] as well as the manufacture of F/A-18 Super Hornet.[40]

Prime minister Narendra Modi launches Make in India.

Exports

India confirmed will upgrade Myanmar's T-72 tanks, supply DRDO's radars to Armenia, Kamov 226 T multi-utility helicopters to Jordan, indigenously developed lightweight torpedoes to Mayanmar (previously sold to sold to Srilanka and Vietnam), Astra 70-kilometer range air- to-air missile and 40,000 pieces of a component used in Bofors artillery guns for Rs 322 crore to UAE, and manufacture DRDO weapons in Saudi Arabia by 2018 (Dec 2017 update).[41][42]

Electronic systems

With the demand for electronic hardware expected to rise rapidly to US$400 billion by 2020, India has the potential to become an electronic manufacturing hub and government is targeting to achieve net zero imports of electronics by 2020.[43] After the launch of this project, 24.8% of smartphones sold in India in the April–June quarter of 2015 were made in India, up from 19.9% the previous quarter.[44][45][46]

Various companies pledged investment in India to begin manufacturing

  • Foxconn: US$5 billion investment over 5 years in research and development and hi-tech semiconductor manufacturing facility in Maharashtra.[47][48]
  • Huawei: new research and development (R&D) campus in Bengaluru with an investment of US$170 million[49][50] and telecom hardware manufacturing plant in Chennai.[51]
  • Micromax: 3 new manufacturing units in Rajasthan, Telangana and Andhra Pradesh with 3 billion (US$47 million) investment).[54][55]
  • Qualcomm: "Design in India" programme to mentor ten Indian hardware companies with the potential to come up with innovative solutions and help them reach global scale.[56]
  • Wistron: Taiwanese manufacturing of Blackberry, HTC and Motorola devices at a new factory in Noida.[61]

Electrical machinery

Food processing

India is among the largest producers of fruits, vegetables, rice and milk globally with trade surplus in food items export.[65]

Aarisa Pitha of Jharkhand, Gushtaba of Kashmir, Chicken Curry of Punjab, Khakhra and Khandvi of Gujarat, Bamboo Steam Fish, Vada and Medhu Vada of Karnataka, Khaja and Inarsa of Bihar and Kebab of Uttar Pradesh and Puran poli of Maharashtra have been selected as traditional regional food to be promoted in the ongoing campaign.[66]

Marine Products Export Development Authority announced the deal to supply shrimp eggs to farmer in India for eventual exports of shrimp from India to other countries.[67]

Exports

In December 2017, India announced it will shortly announce a new agricultural exports policy to promote Indian and organic foods, enhance compliance of phytosanitary international food-safety requirements, development of farm-to-port and farm-to-airport cold chain with focus on 25 farm export clusters.[65]

Information technology and business process management

Leather

Media and entertainment

Mining

Oil and gas

Pharmaceuticals

Ports and shipping

Railways

Alstom/GE Transportation announced 400 billion (US$6.2 billion) locomotive manufacturing factories in Madhepura and Marhaura in Bihar.[68]

Renewable energy

Roads and highways

Space and astronomy

Thermal power

In May 2017, the Union Cabinet approved the construction of 10 indigenously-built Pressurised Heavy Water Reactors (PHWRs). The contracts for the reactors worth an estimated 70,000 crore (US$11 billion) will be awarded to Indian companies. The construction 10 reactors with a combined nuclear capacity of 7 GW is also expected to create 33,400 direct and indirect jobs.[69]

Textiles and garments

Tourism and hospitality

Wellness


References

See also

Citations

  1. ^ a b c "Focus on 'Make In India'". Business Standard. 25 September 2014. Retrieved 27 February 2015. 
  2. ^ "Sectors". Make In India. Archived from the original on 14 August 2015. Retrieved 1 October 2015. 
  3. ^ "PM Modi's 'Make in India' turns one: All you need to know about the initiative". dna. 25 September 2015. 
  4. ^ "Japan's $12 billion 'Make in India' fund to push investments", timesofindia-economictimes 
  5. ^ "Modi's 'Make In India' racks up $222 billion in investment pledges", Reuters, 18 February 2016 
  6. ^ "'Make in India Week' gets Rs 15.2 lakh crore investment commitments", The Economic Times, 18 February 2016 
  7. ^ "Make in India: Centre gets Rs 1.20 lakh crore worth investment proposals in electronics sector". timesofindia-economictimes. 
  8. ^ "India replaces China as top FDI destination in 2015: Report - The Economic Times", The Economic Times, retrieved 2017-01-14 
  9. ^ "Make-in-Maharashtra mission to generate 20 lakh jobs", The Times of India 
  10. ^ a b New India visible across nation: PM Modi, Times of India, 10 Jan 2018.
  11. ^ "Look East, Link West, says PM Modi at Make in India launch". Hindustan Times. 25 September 2014. 
  12. ^ "7 facts not known about PM Modi's Make In India". Newsroom Post. 27 May 2015. Retrieved 27 May 2015. 
  13. ^ "Modi for 'zero defect' Make in India products". The Hindu Business Line. 29 December 2014. Retrieved 27 February 2015. 
  14. ^ "Ease of Doing Business in India". www.doingbusiness.org. Retrieved 25 April 2016. 
  15. ^ "On ease of doing business Narendra Modi govt does a first, to improve India's World Bank ranking". The Financial Express. 18 February 2017. 
  16. ^ Andhra Pradesh, Telengana set to top the charts for ease of doing business, Business Standard, 31 Oct 2016.
  17. ^ OECD Economic Surveys: India 2017, Page 123.
  18. ^ Centre to announce ‘Ease of Doing Business’ ranking for states, Live Mint, 15 Aug 2015.
  19. ^ Ease of doing 98-point action plan
  20. ^ "Business Reforms Action Plan". eodb.dipp.gov.in. Retrieved 2017-06-23. 
  21. ^ "2015 Rankings DIPP" (PDF). 
  22. ^ Telangana leads state-wise ease of doing business ranking, The Hindu, 9 Nov 2017.
  23. ^ "Revealed: Man behind PM's Make in India campaign". DNA India. 18 November 2014. Retrieved 27 February 2015. 
  24. ^ "Modi Launches 'Make in India' Campaign, Portal and Logo". The New Indian Express. 26 September 2014. Retrieved 27 February 2015. 
  25. ^ "Ecologists cheer Modi's 'zero defect, zero effect' slogan". The Times of India. 
  26. ^ Mahajan, Neha (15 August 2014). "'Zero defect, zero effect' to 'Make in India': Modi's jugglery with words". hindustantimes.com. Retrieved 20 April 2015. 
  27. ^ "Modi's 'Make In India' racks up $222 billion in investment pledges", Reuters, 18 February 2016 
  28. ^ "'Make in India Week' gets Rs 15.2 lakh crore investment commitments", The Economic Times, 18 February 2016 
  29. ^ "Make in India: Centre gets Rs 1.20 lakh crore worth investment proposals in electronics sector". timesofindia-economictimes. 
  30. ^ "Boost for 'Make in India': Foxconn to invest $5 billion in Maharashtra", The Times of India 
  31. ^ "Hitachi keen to push 'Make in India' programme", The Hindu, 16 February 2015 
  32. ^ "French drone maker LH Aviation to Make in India now | business", Hindustan Times, 19 June 2015 
  33. ^ Deeper defence & security cooperation with Russia enhances India's strategic choices, Economic Times, 21 dec 2017.
  34. ^ Pubby, Manu, "Make in India: Russia ties up with Reliance Defence to manufacture Kamov 226T choppers", The Economic Times (28 August 2015) 
  35. ^ Farchy, Jack; Kazmin, Amy (25 December 2015), "Russia and India sign new defence deals", CNBC 
  36. ^ "India sees opportunity in manufacturing Sukhoi parts", The Times of India 
  37. ^ http://www.msn.com/en-in/news/newsindia/lockheed-martin-ready-to-manufacture-f-16-jets-in-india/
  38. ^ "Lockheed says US may take 'fresh look' at its India F-16 plan". Business Today. Retrieved 18 February 2017. 
  39. ^ Boeing boost for Make in India, New Delhi: The Times of India, TNN, 17 October 2015 
  40. ^ "Boeing all for made-in-India F-18s fighter jets for IAF", hindustantimes.com 
  41. ^ India to seek supply of radars, missiles by 2018, Hindustan Times, 21 Dec 2017.
  42. ^ http://www.livemint.com/Industry/Ujng65JNmdIJKyZR7F2LDI/India-looking-to-scale-up-military-hardware-exports.html
  43. ^ "Digital India Initiative To Transform Country, Says Ravi Shankar Prasad", NDTV, 16 February 2016 
  44. ^ Press Trust of India (24 August 2015). "Global Electronics Manufacturers Propose Rs 90,000 Crore Investment In India". Huffingtonpost.in. Retrieved 1 October 2015. 
  45. ^ "Make in India: Govt receives proposals worth Rs 90,000 crore from global electronics companies". Dnaindia.com. 24 August 2015. Retrieved 1 October 2015. 
  46. ^ "E-boost for Make in India: Global electronic companies line up Rs 90,000 cr for India plants". Firstpost. Retrieved 1 October 2015. 
  47. ^ Rai, Saritha, "Foxconn Could Make India Its Next Manufacturing Base After China, Investments Suggest", Forbes 
  48. ^ "PM Narendra Modi urged to make reality match 'Make in India' hype", The Economic Times, 14 February 2016 
  49. ^ "China's Huawei makes $170 million "Make in India" investment", Reuters, 5 February 2015 
  50. ^ "Huawei India opens new R&D campus in Bengaluru", Deccan Herald, 5 February 2015 
  51. ^ Aman Sharma, ET Bureau 14 July 2015, 06.08PM IST, Make in India: Chinese telecom giant Huawei to set up a unit in Tamil Nadu - timesofindia-economictimes, Articles.economictimes.indiatimes.com 
  52. ^ "Make In India: Lenovo-Motorola starts making smartphones at Chennai plant", Economictimes.indiatimes.com 
  53. ^ "Lenovo starts manufacturing smartphones in India", Livemint 
  54. ^ PTI, "Make in India: Micromax to invest Rs 300 cr", The Hindu Business Line 
  55. ^ "Micromax to invest Rs 300 cr for 'Make in India'", timesofindia-economictimes 
  56. ^ "Qualcomm announces 'Design In India' challenge as promised to PM Modi", The Indian Express, 2 December 2015 
  57. ^ "MSME-Samsung Technical School to promote 'Make in India'", Business Standard, 15 January 2015 
  58. ^ "Samsung launches new 4G phones, says still on top in India", The Indian Express, 17 February 2015 
  59. ^ "Spice Group announces Rs 500 crore investment to build mobile manufacturing unit in UP", DNA India, 28 January 2015 
  60. ^ "#MakeInIndia: Vivo inaugurates its first manufacturing unit in Greater Noida", The Indian Express, 22 December 2015 
  61. ^ "After Foxconn, Taiwanese contract manufacturing major Wistron to Make in India", The Times of India 
  62. ^ #MakeInIndia: Xiaomi launches Redmi 2 Prime which is made in Andhra Pradesh, The Indian Express, 11 August 2015 
  63. ^ "Make In India Project – All You Need to Know About It". 25 January 2016. 
  64. ^ https://www.cnbc.com/2015/11/24/modis-make-in-india-wins-with-xiaomi-but-fdi-infrastructure-a-problem.html
  65. ^ a b Agriculture reforms: To stem falling prices, govt looks at new farm exports policy, Hindustan Times, 21 Dec 2017.
  66. ^ Singha, Minati (2 August 2015). "Mudhi to be a part of global 'Make in India' campaign". Times of India. Retrieved 4 August 2015. 
  67. ^ "MPEDA keen on producing 'Make in India' shrimp seed", The Hindu, 1 February 2015 
  68. ^ "In boost for 'Make in India', railways inks pacts with Alstom and GE Transport", timesofindia-economictimes 
  69. ^ "7,000 MW 'Make in India' nuclear projects to create 33,400 jobs: Govt". Business Today. Retrieved 18 May 2017. 

External links

  • Official website
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