Make in India
| Make in India | |
|---|---|
 |
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| Country | India |
| Prime Minister | Narendra Modi |
| Established | 25 September 2014 |
| Current status | Active |
| Website | www |
Make in India is an initiative of the Government of India to encourage multinational, as well as domestic, companies to manufacture their products in India. It was launched by Prime Minister Narendra Modi on 25 September 2014.[1] India would emerge, after initiation of the programme in 2015, as the top destination globally for foreign direct investment, surpassing the People's Republic of China as well as the United States.[2][3][4]
Contents
History[edit]
Prime Minister Narendra Modi launched the Make in India programme on 25 September 2014 in a function at the Vigyan Bhavan.[1] On 29 December 2014, a workshop was organised by the Department of Industrial Policy and Promotion which was attended by Modi, his cabinet ministers and chief secretaries of states as well as various industry leaders.[5]
Overview[edit]
The major objective behind the initiative is to focus on job creation and skill enhancement in twenty-five sectors of the economy. These sectors include: automobiles, chemicals, IT, pharmaceuticals, textiles, ports, aviation, leather, tourism and hospitality, wellness, railways, design manufacturing, renewable energy, mining, bio-technology, and electronics.[1] The initiative hopes to increase GDP growth and tax revenue.[6] The initiative also aims at high quality standards and minimising the impact on the environment.[7][8] The initiative hopes to attract capital and technological investment in India.[6]
The campaign was designed by Wieden+Kennedy.[9]
Under the initiative, brochures on the 25 sectors and a web portal were released. Before the initiative was launched, foreign equity caps in various sectors had been relaxed. The application for licenses was made available online and the validity of licenses was increased to three years. Various other norms and procedures were also relaxed.[10]
In August 2014, the Cabinet of India allowed 49% foreign direct investment (FDI) in the defence sector and 100% in railways infrastructure. The defence sector previously allowed 26% FDI and FDI was not allowed in railways. This was in hope of bringing down the military imports of India. Earlier, one Indian company would have held the 51% stake, this was changed so that multiple companies could hold the 51%.[11]
Out of 25 sectors, except Space (74%), Defence (49%) and News Media (26%), 100% FDI is allowed in rest of sectors.[12]
Between September 2014 and August 2015, the government received ₹1.10 lakh crore (US$17 billion) worth of proposals from companies interested in manufacturing in India. 24.8% of smartphones shipped in the country in the April-June quarter of 2015 were made in India, up from 19.9% the previous quarter.[13][14][15]
Responses[edit]
In January 2015, the Spice Group said it would start a mobile phone manufacturing unit in Uttar Pradesh with an investment of ₹500 crore (US$75 million). A memorandum of understanding was signed between the Spice Group and the Government of Uttar Pradesh.[16]
In January 2015, HyunChil Hong, the President & CEO of Samsung South Asia, met with Kalraj Mishra, Union Minister for Micro, Small and Medium Enterprises (MSME), to discuss a joint initiative under which 10 "MSME-Samsung Technical Schools" will be established in India.[17] In February, Samsung said that will manufacture the Samsung Z1 in its plant in Noida.[18]
In February 2015, Hitachi said it was committed to the initiative. It said that it would increase its employees in India from 10,000 to 13,000 and it would try to increase its revenues from India from ¥100 billion in 2013 to ¥210 billion. It said that an auto-component plant will be set up in Chennai in 2016.[19]
In February 2015, Huawei opened a new research and development (R&D) campus in Bengaluru. It had invested US$170 million to establish the research and development centre.[20][21] It is also in the process of setting up a Telecom hardware manufacturing plant in Chennai, the approvals of which have been granted by the central government.[22]
Also in February, Marine Products Export Development Authority said that it was interested in supplying shrimp eggs to shrimp farmers in India under the initiative.[23]
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.[24]
In February 2015, Xiaomi began initial talks with the Andhra Pradesh government to begin manufacturing smartphones at a Foxconn-run facility in Sri City. On 11 August 2015, the company announced that the first manufacturing unit was operational and introduced the Xiaomi Redmi 2 Prime, a smartphone that was assembled at the facility.[25]
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 Ltd. The plant has separate manufacturing lines for Lenovo and Motorola, as well as quality assurance, and product testing. The first smartphone manufactured at the facility was the 4G variant of the Motorola Moto E (2nd generation).[26][27]
On 16 October 2015, Boeing chairman James McNerney said that the company could assemble fighter planes and either the Apache or Chinook defence helicopter in India.[28]
Public relations[edit]
" Zero Defect Zero Effect" is a slogan coined by Prime Minister of India, Narendra Modi which signifies production mechanisms wherein products have no defects and the process through which product is made has zero adverse environmental and ecological effects.[29] The slogan also aims to prevent products developed from India from being rejected by the global market.[30]
Aarisa Pitha of Odisha, Gushtaba of Kashmir, Chicken Curry of Punjab, Khakhra and Khandvi of Gujarat, Bamboo Steam Fish, Vada and Medhu Vada of South India, Khaja and Inarsa of Bihar and Kebab of Uttar Pradesh and Puran poli of Maharashtra have been selected as traditional regional food to be promoted in the campaign.[31]
See also[edit]
References[edit]
- ^ a b c "Look East, Link West, says PM Modi at Make in India launch". Hindustan Times. 25 September 2014. Retrieved 27 February 2015.
- ^ TNN. "India pips US, China as No. 1 foreign direct investment destination - The Times of India". Timesofindia.indiatimes.com. Retrieved 2015-10-01.
- ^ "India Pips China, US to Emerge as Favourite Foreign Investment Destination: Report - NDTVProfit.com". Profit.ndtv.com. Retrieved 2015-10-01.
- ^ "Pay-off time for Modi: India displaces US, China as the top FDI destination in 2015". Firstpost. 2015-07-29. Retrieved 2015-10-01.
- ^ "Centre, States to ready ‘Make in India’ plan". The Hindu. 28 December 2014. Retrieved 28 February 2015.
- ^ a b "Focus on 'Make In India'". Business Standard. 25 September 2014. Retrieved 27 February 2015.
- ^ "7 facts not known about PM Modi’s Make In India". Newsroom Post. 27 May 2015. Retrieved 27 May 2015.
- ^ "Modi for ‘zero defect’ Make in India products". The Hindu Business Line. 29 December 2014. Retrieved 27 February 2015.
- ^ "Revealed: Man behind PM's Make in India campaign". DNA India. 18 November 2014. Retrieved 27 February 2015.
- ^ "Modi Launches 'Make in India' Campaign, Portal and Logo". The New Indian Express. 26 September 2014. Retrieved 27 February 2015.
- ^ "Cabinet approves raising FDI cap in defense to 49 per cent, opens up railways". The Economic Times. 7 August 2014. Retrieved 9 March 2015.
- ^ "Sectors". Make In India. Retrieved 2015-10-01.
- ^ Press Trust of India (2015-08-24). "Global Electronics Manufacturers Propose Rs 90,000 Crore Investment In India". Huffingtonpost.in. Retrieved 2015-10-01.
- ^ "Make in India: Govt receives proposals worth Rs 90,000 crore from global electronics companies | Latest News & Updates at Daily News & Analysis". Dnaindia.com. 2015-08-24. Retrieved 2015-10-01.
- ^ "E-boost for Make in India: Global electronic companies line up Rs 90,000 cr for India plants". Firstpost. Retrieved 2015-10-01.
- ^ "Spice Group announces Rs 500 crore investment to build mobile manufacturing unit in UP". DNA India. 28 January 2015. Retrieved 27 February 2015.
- ^ "MSME-Samsung Technical School to promote 'Make in India'". Business Standard. 15 January 2015. Retrieved 2 March 2015.
- ^ "Samsung launches new 4G phones, says still on top in India". The Indian Express. 17 February 2015. Retrieved 2 March 2015.
- ^ "Hitachi keen to push ‘Make in India’ programme". The Hindu. 16 February 2015. Retrieved 27 February 2015.
- ^ "China's Huawei makes $170 million "Make in India" investment". Reuters. 5 February 2015. Retrieved 2 March 2015.
- ^ "Huawei India opens new R&D campus in Bengaluru". Deccan Herald. 5 February 2015. Retrieved 2 March 2015.
- ^ Aman Sharma, ET Bureau Jul 14, 2015, 06.08PM IST. "Make in India: Chinese telecom giant Huawei to set up a unit in Tamil Nadu - timesofindia-economictimes". Articles.economictimes.indiatimes.com. Retrieved 2015-10-01.
- ^ "MPEDA keen on producing ‘Make in India’ shrimp seed". The Hindu. 1 February 2015. Retrieved 27 February 2015.
- ^ "French drone maker LH Aviation to Make in India now | business". Hindustan Times. 2015-06-19. Retrieved 2015-10-01.
- ^ "#MakeInIndia: Xiaomi launches Redmi 2 Prime which is made in Andhra Pradesh". The Indian Express. 2015-08-11. Retrieved 2015-10-01.
- ^ Romit Guha, ET Bureau Aug 18, 2015, 12.56PM IST. "Make In India: Lenovo-Motorola starts making smartphones at Chennai plant - timesofindia-economictimes". Economictimes.indiatimes.com. Retrieved 2015-10-01.
- ^ "Lenovo starts manufacturing smartphones in India". Livemint. Retrieved 2015-10-01.
- ^ Boeing boost for Make in India, New Delhi: The Times of India, TNN, 17 October 2015
- ^ "Ecologists cheer Modi's 'zero defect, zero effect' slogan". The Times of India.
- ^ Mahajan, Neha (15 August 2014). "'Zero defect, zero effect' to 'Make in India': Modi's jugglery with words". http://www.hindustantimes.com/. Retrieved 20 April 2015.
- ^ Singha, Minati (2 August 2015). "Mudhi to be a part of global 'Make in India' campaign". Times of India. Retrieved 4 August 2015.
External links[edit]
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