Things you should know about

‘Make In India’

Background

• The aim is to take the share of manufacturing in the country’s GDP

from a stagnant 16% currently to 25% by 2022, as stated in the

National Manufacturing Policy, and to create 100 million jobs by 2022.

• India had fallen to a lowly 134th rank out of 189 countries this year

(three down from 2013) in the World Bank’s Ease of Doing Business

rankings.

• Currently, it takes 12 procedures and 27 days to start business, 35

procedures and 168 days to get construction permits and 1420 days to

enforce contracts in India.

Make In India: Origin

• This initiative has its origin in the Prime Minister's Independence Day

speech where he gave a clarion call to 'Make In India' and 'Zero

Defect; Zero Effect' policy.

Make In India: Aim

• To convert India into a global manufacturing hub, to help create jobs

and boost economic growth.

• To urge both local and foreign companies to invest in India.

Make In India: Logo

• The logo is a striding lion made of cogs, symbolizing strength,

manufacturing and national pride.

Make In India: Behind The Scenes

• It is designed by a creative agency known as ‘Wieden and Kennedy’

• The backend is an agency called ‘Invest India’, which is a joint

venture between industry chamber FICCI (Federation of Indian

Chambers of Commerce and Industry: 51% equity), the central

government’s DIPP (Department of Industrial Promotion and Policy:

35% Equity), and state governments, each of whom hold 0.5%

equity.

5 things ‘Make In India’ will do

#1 Guide Foreign Investors

Invest India will act as the first reference point for guiding foreign

investors on all aspects of regulatory and policy issues and to assist

them in obtaining regulatory clearances.

#2 Assistance to Foreign Investors

Investor facilitation cell will provide assistance to the foreign investors

from the time of their arrival in the country to the time of their departure,

with focus on green and advanced manufacturing and helping these

companies to become an important part of the global value chain.

#3 Prompt Response

Prospective investors can post questions on the Make In India portal

and they will be answered by a panel of experts within 72 hours.

#4 Provide Relevant Information

Visitors registered on the website or raising queries will be followed up

with relevant information and newsletter.

#5 Proactive Approach

A pro-active approach will be deployed to track visitors for their

geographical location, interest and real-time user behavior.

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