MAKE IN INDIA

INTRODUCTION

The Make in India initiative was launched by Prime Minister in September 2014 as part of a
wider set of nation-building initiatives. Devised to transform India into a global design and
manufacturing hub, Make in India was a timely response to a critical situation: by 2013, the
much-hyped emerging markets bubble had burst, and Indias growth rate had fallen to its lowest
level in a decade. The promise of the BRICS Nations (Brazil, Russia, India, China and South
Africa) had faded, and India was tagged as one of the so-called Fragile Five. Global investors
debated whether the worlds largest democracy was a risk or an opportunity. Indias 1.2 billion
citizens questioned whether India was too big to succeed or too big to fail. India was on the
brink of severe economic failure.

Make in India was launched by Prime Minister against the backdrop of this crisis, and quickly
became a rallying cry for Indias innumerable stakeholders and partners. It was a powerful,
galvanising call to action to Indias citizens and business leaders, and an invitation to potential
partners and investors around the world. But, Make in India is much more than an inspiring
slogan. Most importantly, it represents a complete change of the Governments mindset a shift
from issuing authority to business partner, in keeping with Prime Minister's tenet of Minimum
Government, Maximum Governance.
 VARIOUS SECTORS

BIOTECHNOLOGY CHEMICALS

DEFENCE MANUFACTURING ELECTRICALMACHINERY

ELECTRONIC SYSTEMS SPACE

RAILWAYS THERMAL POWER

 BIOTECHNOLOGY
India is among the top 12 biotech destinations in the world and ranks third in the Asia
Pacific.
India has the second highest number of United States Food & Drug
Administration(USFDA) approved plants.
No.1 producer of Hepatitis B vaccine recombinant.
Indian biotech industry shall touch USD 100 billion by 2025.
Large consumer base with increasing disposable income.
AGENCIES:

Department of Biotechnology, Ministry of Science & Technology, Government of India

Department of Science and Technology, Ministry of Science and Technology,Government of India
Biotechnology Industry Research Assistance Council
Council of Scientific and Industrial Research
Association of Biotechnology Led Enterprises
Confederation of Indian Industry
Federation of Indian Chambers of Commerce and Industry
 CHEMICAL SECTOR
Seventh largest producer of chemicals worldwide and third largest producer in
Asia. (by output)
The estimated size of Indian chemicals sector stands at approximately USD 139 billion.
Fourth largest global producer of agro chemicals.
Total production of the major chemicals including petrochemicals was 23.9 million tons
during 2015-16 while production of polymers stood at around 9 million tons.
Chemicals sector also acts as a key enabling industry and provides support for variety
of other sectors like agriculture, construction, leather etc.

AGENCIES:
Department of Chemicals & Petrochemicals, Ministry of Chemicals & Fertilizers
Indian Chemical Council
Crop life India
Dye Manufacturers Association of India
Alkali Manufacturers Association of India
Indian Speciality Chemical Manufacturers Association
Chemicals & Petrochemicals Manufacturers Association
The All India Plastic Manufactures' Association, (AIPMA)
Organization of Plastic Processors of India (OPPI)
Assocation of Synthetic Fibre Industry (ASFI)
 DEFENCE MANUFACTURING
India has the third largest armed forces in the world
India is one of the largest importers of conventional defence equipment and spends about
31.1% of its total defence budget on capital acquisitions
About 60% of its defence requirements are met through imports.
The allocation for Defence in the Union Budget 2016-17 is approximate USD 34.53
billion.

FOREIGN INVESTORS: Airbus (France), BAE India Systems (UK),Pilatus

(Switzerland),Lockheed Martin (USA),Boeing India (USA)Raytheon (USA),Israel Aerospace Industries
(Israel),Rafael Advanced Defense Systems Ltd. (Israel),Dassault Aviation SA (France).

AGENCIES:
Ministry of Defence, Government of India
Department of Defence Production, Ministry of Defence
Department of Industrial Policy and Promotion, Ministry of Commerce & Industry,
Government of India
Department of Commerce, Ministry of Commerce & Industry, Government of India
Defence and Strategic Industries Association of India

H
 ISRO AND SPACE
Indias space programme stands out as one of the most cost-effective in the
world.
33 countries and three multinational bodies have formal co-operative
arrangements in place with the Indian Space Research Organisation
(ISRO).
30 spacecraft in differing orbital paths.

STATISTICS:
Space activities in the country were initiated with the setting up of the Indian National Committee for
Space Research (INCOSPAR) in 1962.
The ISRO was established in August 1969.
Polar Satellite Launch Vehicle (PSLV), in its 21st flight (PSLV-C19), launched Indias first radar
imaging Satellite (RISAT-1) from Sriharikota on April 26, 2012 of which one orbited Indias Radar
Imaging Satellite (RISAT-1) and the other a French Remote Sensing Satellite SPOT-6 and the
Japanese satellite PROITERES.
In its 22nd flight (PSLV-C21), PSLV successfully launched the French earth observation satellite
SPOT-6, along with Japanese micro-satellite PROITERES from Sriharikota on 09.09.2012.
Indias heaviest communication satellite, GSAT-10, was successfully launched by Ariane-5 VA 209
from Kourou, French Guiana on 29.09.2012.
PSLV, in its 23rd flight (PSLV-C20), successfully launched Indo-French Satellite SARAL along with
six smaller foreign satellites from Sriharikota on 25.02.2013.
ISRO currently has a constellation of nine communication satellites, 1 meteorological satellite, 10
earth observation satellites and one scientific satellite.

AGENCIES
Department of Space
Indian Space Research Organization
Antrix Corporation Limited
 RAILWAYS
India has the fourth largest rail freight carrier in the world and has the largest passenger
carrier.
1.3 million strong work force in Indian Railways.
Indian Railways network spans more than 66030 kms. making it the worlds third
largest rail network.
Indian railways carried around 8224.12 million passengers in 2014-15 which is about
1.430 million higher than the passengers of the world put together.

AGENCIES:
Indian Railways
Container Corporation of India Ltd.
Dedicated Freight Corridor Corporation of India
Rail Vikas Nigam Ltd.
Railtel Corporation of India Ltd.
Rail India Technical and Economics Services Ltd.
IRCON International Ltd.
Rail Land Development Authority
Mumbai Railway Vikas Corporation Ltd.
 THERMAL POWER
Total coal reserves stood at 301.564 billion tonnes, out of which 125.909 billion tonnes
were proven reserves (as on 01/4/14).
Proven natural gas reserve measure up to 1488.73 billion cubic meters (as on 01/4/15).
Fifth largest producer and consumer of electricity.
100% FDI permitted under automatic route in the power sector.
With a production of 1108 TW, India is the worlds fifth largest producer and
consumer of electricity with a total demand of 1905 TW expected by 2022.
The power sector accounts for almost a quarter of the projected investments
amongst all the infrastructure sectors between 2012-17.
A Total Thermal Installed Capacity of 211.67 GW as of May, 2016

AGENCIES:
Ministry of Power
Council of Power Utilities
Bureau of Energy Efficiency
Independent Power Producers Association of India
 FOREIGN DIRECT INVESTMENT
India has already marked its presence as one of the fastest growing economies of
the world. It has been ranked among the top 10 attractive destinations for inbound
investments. Since 1991, the regulatory environment in terms of foreign
investment has been consistently eased to make it investor-friendly.
The measures taken by the Government are directed to open new sectors for
foreign direct investment, increase the sectoral limit of existing sectors and
simplifying other conditions of the FDI policy. FDI policy reforms are meant to
provide ease of doing business and accelerate the pace of foreign investment in the
country.
TYPES OF INVESTORS:

1. Individual:
o FVCI (Foreign Venture Capital Investors)
o Pension/Provident Fund
o Financial Institutions
2. Company:
o Foreign Trust
o Sovereign Wealth Funds
o NRIs (Non Resident Indians)
3. Foreign Institutional Investors:
o Private Equity Funds
o Partnership / Proprietorship Firm
o Others
 INDIA AT SPIEF 2017
The St Petersburg International Economic Forum (SPIEF), which was first held in 1997, is Russias most prestigious
business event.
The Forum in 2017 brought together 14,000 business representatives, heads of international organisations, officials,
experts, scientists, and media from more than 143 countries. This included heads of 700 Russian companies and 400
foreign companies, according to official figures.1
This year, as India and Russia mark 70 years of diplomatic relations, India was invited as the Guest Country at SPIEF
2017. Since India and Russia entered into a Strategic Partnership in October 2000, relations between the two nations have
strengthened and progressed beyond the traditional pillars of defence and space to a robust civil nuclear cooperation,
collaboration in hydrocarbon sphere, energy and infrastructure, among others. This Partnership was later elevated to a
Special and Privileged Strategic Partnership in 2010.2
India and Russia are committed to bilateral cooperation in significant economic and strategic initiatives. With the
governments Make in India initiative, which aims to invigorate the countrys manufacturing sector and enhance Indias
global competitiveness, newer opportunities of collaboration between India and Russia are being explored.
The Forum featured a Make in India Lounge that showcased the accomplishments and potential of focus sectors,
including Defence, Oil and Gas, Infrastructure and Power, among others. The Lounge also shed light on major government
initiatives to ease the business environment in India, the upcoming Goods and Service Tax and the governments Skill
India initiative besides showcasing India as the fastest growing large economy against the backdrop of Advantage India.