Make in India

1. Make in India R.Kannan Hinduja Group BIMTECH LMC series 27th November 2015

2. Introduction • Initiative by government – Sep 2014 • Objective is to increase contribution of mfg to GDP from 15% to 25%. • Identified 25 sectors for growth. • DIPP has a specific focus on this initiative. • Global Publicity for this programme. • Good encouragement for Private sector and Foreign companies to participate. • Widely accepted concept across the world. • Will create employment opportunities.

3. Mega Trends • Growth slow down in Developed Economies. • In BRICS, except India and China all others not doing well. • Decrease in trade growth. • Unconventional Monetary policies. • Falling commodity prices.

4. Global Forecast

5. Global Trade Forecast

8. Advantages • High Economic Growth • Increased investor interest • Investor friendly approach by Central and State Governments. • Liberalistation of FDI. • Low Labour cost • Large investments from Japan.

9. Limitations • Infrastructure / Logistics • Ease of doing business Rank • Large number of procedures. • License required at multiple levels of government. • Lack of Global Scale. • High cost of resources / Availability of Finance. • Trans Pacific Partnership and other related initiatives / ASEAN manufacturing initiatives. • China’s counter Initiatives .

10. Logistics Performance Index

12. Logistics Efficiency Indicators

13. Other Initiatives • Industrial Corridors. • Smart Cities. • Industrial clusters. • Digital India. • Skill Development.

14. Competitiveness • Automobile • Chemicals • IT & ITES • Jewellery and Diamonds • Leather • Pharma • Research and Development • Textiles

15. Way forward • Further liberalisation of FDI. • Attract Indian Diaspora. • Path breaking partnerships with other countries like the one we have with Japan. • Simplify the procedures. • Focus on Infra / Logistics Development. • Focus on Innovation / R&D. • Better Centre State Relations. • Better Government / Private sector Relations.

16. Thank you