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WHAT IS MAKE IN INDIA?

WHY WAS IT STARTED?

Group No 3
B001 Aashna Zaveri
B021 Harsh Saraf
B022 Hiya Sangani
B046 Raghav Singhal
B057 Shrey Banthia
B061 Suryaansh Goyal
MAKE IN INDIA
OBJECTIVES

MANUFACTURING EMPLOYMENT GDP CONTRIBUTION

To increase the To create 100 million To ensure that the


manufacturing sector's additional manufacturing manufacturing sector's
growth rate to 12-14% per jobs in the economy by contribution to GDP is
annum 2022 increased to 25% by 2022
INITIATIVES OF MAKE IN INDIA

Revision in
Ease Of Doing Public Ongoing Global
Business Procurement Campaign
Order & GFR
PROGRESS OF MAKE IN INDIA

INCREASE IN GROWTH IN
INCREASE IN
FOREIGN DIRECT MANUFACTURING
EXPORTS
INVESTMENT (FDI) SECTOR

INCREASE IN THE
INCREASE IN INCREASE IN
NUMBER OF
EMPLOYMENT INFRASTRUCTURE
PATENTS FILED
SCHEMES UNDER MAKE IN INDIA
NATIONAL MANUFACTURING COMPETITIVENESS PROGRAMME (NMCP)

NATIONAL INVESTMENT AND MANUFACTURING ZONES (NIMZs)

MODIFIED INDUSTRIAL INFRASTRUCTURE UPGRADATION SCHEME (MIIUS)

NATIONAL TECHNICAL TEXTILES MISSION (NTTM)

NATIONAL POLICY ON ELECTRONICS (NPE)

NATIONAL SCHEMES FOR MICRO, SMALL AND MEDIUM ENTERPRISES (MSMEs)


THE
TOY STORY
Vedanta
X Foxconn
More case studies…
Hitachi had set up an auto-component part in Chennai which increased their employees count from
10,000 to 13,000.

KIA invested over $1.1 billion to build a car manufacturing plant in Anantpur, Madhya Pradesh.

European automobile major PSA partnered with CK Birla Group, to build a car manufacturing plant
in Tamil Nadu at the cost of Rs.7000 Crores ($1.03 billion).

India’s arms imports fell by 33% over the last five years and the Make In India initiative has had a
major role to play in this.

Boeing announced setting up a factory to assemble fighter planes.


CHALLENGES

INVESTMENT FROM
LOW PRODUCTIVITY
SHELL COMPANIES

RED TAPISM TRANSPORTATION


ANALYSIS OF THE RESULTS

Source: World Bank

RELIANCE ON FOREIGN
AMBITIOUS GROWTH NO FOCUS ON
MARKETS AND
RATES PARTICULAR SECTORS
INVESTMENT
WHAT DO NUMBERS SAY…
Ease of doing business ranking

National Single Window System


(NSWS) launched in September
2021

Business Reform Action Plan


(BRAP) launched in 2014

JAPAN GERMANY CHINA USA

29 22 31 6
Continued…
Trademark applications (by resident) Unemployment Rate (% of working population)

Source: statista
Continued…
Imports Of Goods And Services Exports Of Goods And Services
Continued…
Continued…
Employment in different sectors
INDUSTRIAL
CORRIDORS
Delhi-Mumbai Industrial Corridor (DMIC)

Chennai-Bengaluru Industrial Corridor (CBIC)

Bengaluru-Mumbai Economic Corridor (BMEC)

Vizag-Chennai Industrial Corridor (VCIC)

Amritsar Kolkata Industrial Corridor (AKIC)


PILLARS OF ATMANIRBHAR INDIA
Ease of Doing Business
New Processes GST
De-monetization

New Sectors Major FDI Reforms and Inflows

Make In India
New Approach Digital India
Skill India

New Infrastructure Key Infrastructure & Urbanization

New Mind Set From Red Tape to Red Carpet

India – Design & Innovation


New Innovation
Start Up India
and R&D
Intellectual Property Rights
UNPARALLELED OPPORTUNITY
ECONOMIC Huge Consumer Market Substantial GDP Growth

$3.6 by 2025 $20 by 2025


Trillion (BCG Study) Trillion (PPP)

Youngest Nation Youngest Mobility


SOCIAL

29 Average Age 150 more added to middle


YEARS in 2025 Million class by 2025

Inclusion in Banking System Deregulation


POLITICAL

accounts opened
241 Archaic laws repealed
under ‘Banking For 1000+ to reduce red-tape
Million All’
STATE CONTRIBUTION
HARYANA
Haryana made an all-out play for global investment with its
first Happening Haryana Summit in March 2016.
The state has signed 100s of MoUs which it hopes to bring into
action.

MAHARASHTRA
Magnetic Maharashtra : Aimed to attract investments into the
state of Maharashtra.
Large number of diverse industries, Booming economy,
seemingless connectivity
CONCLUSIONS
The Make In India programme has led to a radiant growth in the IT and Manufacturing sector. This has
encouraged various global/foreign investors to make investments in India and boost their business by
building the products in the country.

According to the World Bank’s Ease Of Doing Business Ranking India went being on the 100 th position to
the 63rd position because of initiatives like happening Haryana or magnetic Maharashtra. India’s ranking has
also improved in the Global Competitive Index.

MII also gave a boost to research and a boost to MSMEs which also contributed to the success of this
initiative.
THINK…

Singapore (27.01%), USA (17.94%), Mauritius (15.98%), Netherland


(7.86%) and Switzerland (7.31%) emerge as top 5 countries for FDI
equity inflows into India FY 2021-22.

Source: investindia.gov.in
References

https://www.zeebiz.com/india/news-make-in-india-amazing-indian-toy-success-story-a-clarion-call-from-pm-narendra-modi-
in-mann-ki-baat-and-dream-turned-into-reality-188840

https://databank.worldbank.org/reports.aspx?source=2&series=NV.IND.MANF.ZS&country=IND#

https://www.drishtiias.com/daily-updates/daily-news-analysis/eight-years-of-make-in-india

Nam, Chang Woon (2022) : Lessons Learned from the Failure of "Make in India" Industrial Reform Policy

https://tfipost.com/2021/09/7-years-of-make-in-india-what-was-dubbed-as-laughable-back-then-is-immensely-successful-today/

https://asia.nikkei.com/Business/Tech/Semiconductors/Vedanta-Foxconn-to-invest-19.5bn-in-India-s-Gujarat-chip-project

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