Make in India

Vision
A major national initiative launched by govt. on 25th September 2014, designed to
facilitate investment, foster innovation, enhance skill development, protect
intellectual property and build Best-In-Class manufacturing infrastructure.

Govt.s tools for turning India into manufacturing hub:

Improving ease of doing business: Ease for investors to acquire land, get access to
infrastructure related utilities, get clearances and approval from the govt.
Liberalised FDI norms: Govt. has eased FDI norms in key sectors which includes
defence, insurance, etc. to seek more investments
Setting direction and aggressive targets to provide opportunities for investors.
Providing investment opportunities through PPP (Public Private Partnership) mode

Sectors in focus
Make in India campaign is primarily focused on 25 key sectors of the economy
including automobiles, aviation, biotechnology, defence, manufacturing, electrical
machinery, pharmaceuticals etc.

Achievements:
Total 66.7% growth in FDI is witnessed from FY14 to FY16 .
IT sector has witnessed 424.3% growth in FY16 over FY14; automobile sector has
however witnessed 66.6% growth in FY16 over FY14.
Electricity parameter witnessed a significant improvement in ranking from 99th in
2015 to 70th in 2016.
Ease of doing business ranking has improved by 4 spots, from 134 in 2015 to 130 in
2017

Priority sector for

Units 2013-14 2014-15 2015-16 Growth % Make-in -India

Services 2225 4443 6889 209.6

Construction 1226 769 113 -90.8

IT 1126 2296 5904 424.3

Telecommunications 1307 2985 1324 1.3

Automobile industry 1517 2726 2527 66.6

Pharmaceuticals 1279 1498 754 -41.0

Chemicals 878 763 1470 67.4

Trading 1343 2728 3845 186.3

Power 1066 707 869 -18.5

Hotel and Tourism 486 777 1333 174.3

Some of the Key investments attracted through Make in India campaign:

In June 2015, France-based LH Aviation signed an MoU with OIS Advanced

Technologies to set up a manufacturing plant in India to manufacture drones.
On 8 August 2015, Foxconn announced it would invest $5 billion over five years to
set up R&D and hi-tech semiconductor manufacturing facility to be set up in
Maharashtra. Later, General Motors announced that it would invest $1 billion to
begin manufacturing automobiles in the state.
On 18 August 2015, Lenovo announced that it had begun manufacturing Motorola
smartphones at a plant in Sriperumbudur near Chennai, run by Singapore-based
contract manufacturer Flextronics International.
On 30 November 2015, the ministry of railways signed formal agreements with
Alstom and GE Transport worth $5.9 billion to set up
locomotive manufacturing factories in Madhepura and Marhaura in Bihar.
In December 2015, Micromax announced that it would put up three
new manufacturing units in Rajasthan, Telangana and Andhra Pradesh, at a cost of
$44 million. The plants will begin functioning in 2016, and will employ 3,000-3,500
people each.