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    Make in India

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    Praveen Jordan
    The document discusses India's "Make in India" initiative launched by Prime Minister Modi in 2014. The campaign aims to transform India into a global manufacturing hub and improve its ranking on the ease of doing business index. It highlights India's large economy and trade deficits. The campaign seeks to attract foreign businesses by replacing red tape with support and improving infrastructure and skills development. The objectives are to generate jobs, foster innovation, and promote sectors like automobiles and electronics manufacturing. Challenges mentioned include high production costs and an electronic manufacturing sector that remains unrealized.

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    Make in India

    Uploaded by

    Praveen Jordan
    185 views20 pages
    The document discusses India's "Make in India" initiative launched by Prime Minister Modi in 2014. The campaign aims to transform India into a global manufacturing hub and improve its ranking on the ease of doing business index. It highlights India's large economy and trade deficits. The campaign seeks to attract foreign businesses by replacing red tape with support and improving infrastructure and skills development. The objectives are to generate jobs, foster innovation, and promote sectors like automobiles and electronics manufacturing. Challenges mentioned include high production costs and an electronic manufacturing sector that remains unrealized.

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    Why was make in India brought together

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    The document discusses India's "Make in India" initiative launched by Prime Minister Modi in 2014. The campaign aims to transform India into a global manufacturing hub and improve its ranking on the ease of doing business index. It highlights India's large economy and trade deficits. The campaign seeks to attract foreign businesses by replacing red tape with support and improving infrastructure and skills development. The objectives are to generate jobs, foster innovation, and promote sectors like automobiles and electronics manufacturing. Challenges mentioned include high production costs and an electronic manufacturing sector that remains unrealized.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    185 views20 pages

    Make in India

    Uploaded by

    Praveen Jordan
    The document discusses India's "Make in India" initiative launched by Prime Minister Modi in 2014. The campaign aims to transform India into a global manufacturing hub and improve its ranking on the ease of doing business index. It highlights India's large economy and trade deficits. The campaign seeks to attract foreign businesses by replacing red tape with support and improving infrastructure and skills development. The objectives are to generate jobs, foster innovation, and promote sectors like automobiles and electronics manufacturing. Challenges mentioned include high production costs and an electronic manufacturing sector that remains unrealized.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 20

    MAKE IN INDIA

    Job Creation and Economic


    Development and to give the Indian
    economy global recognition
    INDIA

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


    economies.
    • The tenth-largest in the world by nominal
    GDP and the third-largest by purchasing power
    parity (PPP).
    Where Are We?
    • India has been recording sustained trade
    deficits since 1980 mainly due to the high
    growth of imports, particularly of crude oil,
    gold and silver.
    ON INDEPENDENCE DAY
    • Invited global companies to pick India to
    locate factories, promising to replace red tape
    with red-carpet welcomes.
    • To make India break into the top 50 in the
    World Bank’s ease of business index ranking
    from the current 134th position.
    Zero defect,
    zero effect
    • "Our manufacturing should have zero defect so
    that our products should not be rejected in the
    global market. Besides, we should also keep in
    mind that manufacturing should not have any
    negative impact on our environment."
    ON 25TH SEPTEMBER

    • Make in India is an international marketing


    campaigning slogan coined by the Prime
    Minister of India, on September 25, 2014 to
    attract businesses from around the world to
    invest and manufacture in India.
    Major objective

    • The major objective behind this initiative is to


    focus upon the heavy industries and public
    enterprises while generating employment in India.
    • To facilitate
    – Investment
    – Foster innovation
    – Enhance skills development
    – Protect intellectual property
    – To built best-in-class manufacturing infrastructure
    The highlights and
    purpose of Come, Make in
    India are-
    • The campaign, 'Make in India' is aimed at
    making India a manufacturing hub and
    economic transformation in India while
    eliminating the unnecessary laws and
    regulations, making bureaucratic processes
    easier and shorter, and make government more
    transparent, responsive and accountable.
    • The government emphasized upon the
    framework which include the time-bound
    project clearances through a single online
    portal which will be further aided by the eight-
    members team dedicated to answering investor
    queries within 48 hours and addressing key
    issues including labor laws, skill development
    and infrastructure.
    Following sectors have
    been included by the
    Government in this
    campaign.
    5 things ‘Make In India’
    will do
    • #1 Guide Foreign Investors
    • #2 Assistance to Foreign Investors
    • #3 Prompt Response
    • #4 Provide Relevant Information
    • #5 Proactive Approach
    Decade of
    manufacturing in India
    • This is not the first time India is focusing on its
    manufacturing sector.
    • In 2006, the UPA government put out a
    national strategy for manufacturing. It even
    dubbed 2006-15 as the “decade of
    manufacturing in India.”
    Electronic
    manufacturing still
    remains a pipe dream

    •India has huge potential, but not much has been


    achieved so far.
    •Nokia has just closed its manufacturing operation.
    Kenichi Ayukawa

    • "Costs of production in India increase because


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

    • Ambani said in order to succeed in this


    campaign, it was important to be open to
    capital and expertise from all over the globe,
    and implementation of GST will make India
    one market and strengthen overall Make in
    India programme.
    ‘Made in China’ campaign
    launched with ‘Make
    in India’
    • Coinciding with Prime Minister Narendra
    Modi’s ‘Make in India’ pitch, the Chinese
    government has launched a ‘Made in China’
    campaign with a host of tax concessions in an
    effort to retain its manufacturing prowess.
    • China will encourage high-tech imports,
    research and development (R&D) to upgrade
    ‘Made in China’, a decision by the Chinese
    central government said.
    THANK YOU !!!

    BY
    KASETTY RAHUL DAS

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