The document discusses India's "Make in India" initiative launched by Prime Minister Narendra Modi to transform India into a global manufacturing hub. The program aims to attract foreign investment, boost job creation, and enhance skill development in 25 industrial sectors. However, India currently faces challenges like low manufacturing contribution to GDP, lack of infrastructure and policy barriers that have led to many factory closures and job losses. The document examines both the needs and benefits of strengthening India's manufacturing sector through the Make in India campaign.
2. MAKE IN INDIA
Make In India is a new national program designed to
transform India into a global manufacturing hub
Through Make In India initiative, government will
focus on building physical infrastructure as well as
creating a digital network.
‘Make in India’ means real work, not just 'jugaad‘
This initiative is nothing less but a giant leap or the step
of a lion
3. MAJOR HIGHLIGHTS OF THE MAKE IN INDIA PLANS
Invest India cell
Consolidated services and faster security clearances
Dedicated portal for business queries
Interactions with the users/visitors
Easing policies and laws
4. The focus of “make in India” program is on creating jobs and skill
enhancement in 25 sectors
5. SECTOR WISE CONTRIBUTION IN GDP
SECTORAL COMPOSITION
OF INDIA GDP
14%
17%
69%
AGRICULTURAL INDUSTRIAL SERVICE
Manufacturing contributes 17% of India’s GDP compared to
69% that comes from services and 14% from agriculture
And, of the 474 million Indians who are gainfully employed, only
100 million do manufacturing jobs compared to 232 million who
work on farms and 142 million employed in the services businesses
Between 2004 and 2011 manufacturing sector has
registering annual growth of around 7.25 per cent
6. EXISTING ISSUE
Ease of doing business
Investments
Infrastructure
Urbanization
7. WHAT IS THE NEED TO STRENGTHEN MANUFACTURING
SECTOR?
Modi has chosen manufacturing sector because majority of country's workforce consists of
unskilled labor which is engaged in manufacturing sector
During 2005-2012, India has only created 15 million jobs while as per the data, 10 million
people join its workforce every year
Manufacturing offers the surest way to employ millions of workers in middle-income jobs
8. MODI SAYS MAKE IN INDIA, BUT EVEN 'THALIS' ARE FROM
CHINA
For years, the small factory Ballabh worked at flattened
steel into sheets that were cut into circles and passed to
adjacent factories, which pressed these into household
utensils
A year ago, the market was flooded by Chinese steel,
which was pre-cut in standard sizes for katoris (bowls) and
thalis (plates)
“Our plant is closing tomorrow. The owner has told us to
collect our dues," said Ballabh, who arrived in Delhi 15
years ago to cold-roll steel in Wazirpur's cluster of metal
factories. "A month before Diwali, 70 of us will lose our
jobs”
9. TO SHUT DOWN CHENNAI PLANT ON NOVEMBER 1
2014
Nokia started manufacturing in Chennai in January 2006 and exported to
markets including in the Middle East and Africa, Asia, Australia and
New Zealand from there.
In March, the Tamil Nadu government served a Rs 2,400 crore notice on
Nokia, saying the firm had also sold products from the Chennai plant in
the domestic market instead of shipping them overseas.
In a separate tax case, the Supreme Court had ordered Nokia India on
March 14 to give a Rs 3,500 crore guarantee before it transfers the plant
to Microsoft.
The factory was one of the largest facilities for Nokia, and accounted for
the production of over 800 million handsets and employed a staff of
8,000 full-time workers and 25,000 ancillary workers
10. MAKE IN INDIA BLITZ DRIVEN BY MADE IN CHINA TECH
India imports 65% of the current demand for electronic
products, most of it from China. If the situation is left
unchanged, the country’s electronics import bill may well
surpass its oil import expenses by 2020
While the demand for electronics hardware in India is projected
to increase to $400 billion by 2020, the estimated domestic
production could rise to $104 billion only
India imported $38.46 million worth of USB flash drives from
China in 2013-14
11. MADE IN CHINA
China on 25 September 2014 launched Made in China campaign to counter India
China by launching Made in China campaign seeks to retain its manufacturing
prowess through giving host of tax concessions
Under the campaign China will encourage high-tech imports, research and
development (R&D) to upgrade Made in China
Companies that bought new R&D equipment and facilities after January 1 or
possess minor fixed assets will have taxes reduced based on value
12. BENEFIT OF MAKE IN INDIA CAMPAIGN
FDI Means First Development Of India
125000 New Jobs Born In One Year
Industry and government to work together
Global company start business in India
High-Tech Technology Comes To India
Small Industry Play Big Roll