make in india,turning vision into reality
TRANSCRIPT
MAKE IN INDIATurning vision
into Reality
By,Ar. Jyothi Gupta, PhD
Make in India – Growth in FDI and Improving Competitiveness
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• As per the FDI markets, a financial times, london data service- India has surpassed China and the US to take the pole position in attracting largest FDI in the first half of 2015.
• India is in pole position to pass both china and the US in the FDI league tables this year
• The increase in Year-on-year growth in Foreign Direct Investment inflows recorded for the period October 2014 to Apr 15 – PIB, India 2015
India has jumped 16 places in the World Economic Forum’s Global Competitiveness report 2015-16. A result of positive way in which current government is viewed by investors
Make in India – the Global Context
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1. Need to boost investor sentiment
2. “First Develop India ” vs. “ Foreign Direct Investment”
3. “Corporate government responsibility” for effective governance
4. Boost manufacturing to help growth of the middle class and create jobs
5. Develop a growth oriented environment to enhance ease of doing business
6. “3D” outlook : Democracy, demography and demand
7. Channelize India's rich demographic dividend for competitive advantage
8. Train man power in an industry-aligned fashion
9. Implement “Digital India” for an informed citizenry
10. “Look East and Link West” approach
11. Integrated clusters with roads, rails, airports and associated infrastructure
12. State and Centre coordination for export promotion
Make in India Initiative
Policy in Defence sector liberalised and FDI cap raised from
26% to 49%.
100% FDI under automatic route
permitted in construction, operation
and maintenance in specified Rail
Infrastructure projects
Easing of norms underway for FDI in the
Construction Development sector
Make in India – Key sectors
Make in India – Defence SectorThe opening up of defense sector provided significant opportunity for know-how oriented technological progress in defence modernization and advanced weaponry.
Make in India – Industrial Sector
Make In India - Highlights• Make In India campaign has converted some of the challenges
into opportunities – Ease of Legal Process – Skill development – Infrastructure Development – Tax Incentives – Economies of Scale
• Conclusion – India a hot destination for FDI – India will have huge demand – Investor friendly policy Conclusions
THANK YOU
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