This presentation is pertaining to the make in India intitative which had took since few months ago,I given brief information about the event,Its probable contribution to GDP,FDI & Export promotion in the country.
2. Make in India Campaign Objective
Ultimate objective is to make India a renowned manufacturing hub for key
sectors. Companies across the globe would be invited to make investment
and set up factories and expand their facilities in India
Using India’s highly talented and skilled manpower to create world class
zero defect products.
The purpose of Make in India Campaign-
1. Job Creation
2. Economic Development
3. Global Recognition
Mission
“Manufacture in India and sell the products worldwide.”
6. When It was Announced?
India’s honorable prime minister Shri. Narendra Modi
will make an short investment pitch at Vigyan Bhavan
Convention Center in New Delhi on 25th Sep. 2014.
7. Why Make In India?
The first and most important condition in order to make in
India is to have a low inflation regime where policies are
predictable and consistent.
High inflation reduces two ingredients of a successful make in
India campaign
1. Capital accumulation &
2. The rate of change in productivity.
Beyond inflation, make in India investors will look for policy
stability with respect to trade, duties i.e both import and
export and taxation.
9. How this would be achieved?
Skill development programs would be launched especially for
people from rural and poor ones from urban cities.
25 key sectors have been short listed such as telecommunications,
power, automobile, tourism, pharmaceuticals and others.
Individuals aged 15-35 years would get high quality training in the
following key areas such as welding, masonries, painting, nursing to
help elder people.
Skill certifications would be given to make training process, a
standard. Currently manufacturing in India suffers due to low
productivity rigid laws and poor infrastructure resulting in low quality
products getting manufactured.
Over 1000 training centres would be opened across India in the
next 2 years.
10. Benefits from Make In India Campaign
This will help in creating job market for over 10 million
people in India
Manufacturing done here would boost India’s GDP,
trade and economic grow
11. Top Corporate Companies Attended
Make In India Campaign:
Tata Group
Reliance Industries
Biocon
Samsung
Honda
Airbus
Wipro
Vodafone
12. Top 2 Reasons: Why ‘Make in India’ is
positive for markets, economy..?
"We should manufacture goods in such a way that they
carry zero defects, so that our exported goods are never
returned to us. We should manufacture goods with zero
effect that they should not have a negative impact on
the environment" PM Modi said in his speech on 68th
Independence Day.
14. Here is the collated a list of stocks from various sectors,
which are likely to benefit as India marches forward on the
growth map:
Infrastructure sector: Larsen and Toubro, IRB Infra and Adani Ports
should be the key beneficiaries of policy moves on building
transport infrastructure
Power Sector: Power Grid Corp should be the biggest beneficiary of
the second generation reforms in the power sector
Banking: Axis Bank, ICICI Bank, SBI, PFC and REC should be the key
beneficiaries of India's big infra opportunity, given their domain
expertise in Infra financing.
Oil & Gas: ONGC is set to emerge as the biggest beneficiary of the
dramatic reduction in fuel subsidy over the next five years.
Metals & Mining: Tata Steel, JSW Steel and UltraTech should be key
beneficiaries of India's move to materials intensive growth.
15. Second Reason- Need to increase FDI
Each 1 per cent increase in FDI adds about 0.4 per cent
to a country's GDP growth. So, to boost GDP growth by
about 2 per cent, India will need about 5 per cent
increase in FDI.