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A Term Paper on
Make In India: The Current Scenario
Submitted to
Amity University Madhya Pradesh

In Partial Fulfillment of the requirements for the award of the


degree of
Bachelor of Commerce (Honors)

By
Sejal Gupta
Under the guidance of
Dr.Meghna Goel

(Assistant Professor)

AMITY BUSINESS SCHOOL


AMITY UNIVERSITY MADHYA PRADESH

SEPTEMBER 2017
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DECLARATION

I, Sejal Gupta student of B.com(H) III semester hereby declare that the dissertation titled
MAKE IN INDIA:The current scenario which is submitted by me to Amity Business
School, Amity University Madhya Pradesh , in partial fulfillment of requirement for the
degree of Bachelor of Commerce has not been previously formed the basis for the
award of any degree, diploma or other similar title or recognition.

Gwalior (Madhya Pradesh) Name and Signature of student

Date:
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CERTIFICATE

It is to certify that the Term Paper titled MAKE IN INDIA: THE CURRENT SCENARIO
which is submitted by Sejal Gupta Of Amity Business School , Amity University
Madhya Pradesh , in partial fulfillment of the requirement for the award of the degree
of Bachelor of Commerce , is an original contribution with existing knowledge and
faithful record of work carried out by her under my guidance and supervision.

To the best of my knowledge this work has not been submitted in part or full for any
Degree or Diploma to this University or elsewhere.

Dr. Meghna Goel

Date : (Assistant Professor)

Amity Business School

Amity University Madhya Pradesh

ACKNOWLEDGEMENT
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I have taken efforts in this project. However , it would not have been possible without
the kind support and help of many individuals and organizations. I would like to
extend my sincere thanks to all of them .

I am highly indebted to Dr. Meghna Goel for their guidance and constant supervision as
well as for providing necessary information regarding the project and also for their
support in completing the project.

I would like to express my gratitude towards my parents and members of Amity


University Madhya Pradesh for their kind cooperation and encouragement which help
me in completion of project.

My thanks and appreciations also go to my colleagues in developing the project and


people who have willingly helped me out with their abilities.

Sejal Gupta

B.COM(H) III Semester


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ABSTRACT

INDIAS economy is much more integrated with rest of the world now as compared to the
situation in 1991. A both fiscal and physical facility has been provided. For improving the
country infrastructure and for generating employment in large number, Government. of India
has started MAKE IN INDIA campaign. It includes the new ideas for providing investment
amount and also for building the manufacturing buildings. Narendra Modi is focusing on
making rich in manufacturing area. For improving manufacturing; government have taken
action by simplification and rationalization of rules and other steps. By the help of MAKE
IN INDIA large amount of FDI has been received. This would certainly help to grow the
infrastructure of country and generating employment.
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TABLE OF CONTENT

S.no. Content Page no.

1. Declaration I

2. Certificate II

3. Acknowledgement III

4. Abstract IV

5. Introduction 6-10
6. Materials and methods 10
7. Result and discussions 11-29
10. Conclusions and recommendations 30-34
11. Future Prospects 35
12. References 36

CHAPTER 1

INTRODUCTION
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The initiative of make in India was launched on 25 September 2014. This initiative includes
many new programmer which focuses on the overall nation building. The program includes
major new initiatives designed to facilitate investment, encouraging innovation, for protecting
intellectual property, and building manufacturing infrastructure. It also focus on enabling
manufacture and major initiatives which has been taken in 2014 for improving the EASE
OFDOING BUSINESS in India through simplification and rationalization of existing rules
and the introduction of information technology to make governance more efficient and
effective.

Fig.1

HIGHLIGHTED POINTS OF PROJECT


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The important part of top projects is to acquire approx. USD 24000 millions in 2015-16 and
some part were procured from purchasing power parity. In five years the vision for the
project is considered to be approx.34080 millions.

ROAD TRANSPORT AND HIGHWAYS

On purchasing power parity basis 8 projects were of USD 1294 millions.


Some of the projects were from AKIC hall.
In last phases of projects 26 projects of USD 3638 were running and in execution area
9 projects are executed and 16 projects were executed by different methods.
Vision of project in 5 years to gain USD 6032 million and on the basis of purchasing
power parity has to gain approx. USD 2682.

PORTS AND SHIPPING

Central government has targeted on development of coastal states.


According to Purchasing power parity 11 projects were of USD 1847 millions.
The vision regarding shipping was of USD 8853, 25% were on the basis of purchasing
power parity and 70% were on the basis of government.

POWER

10 projects were amounted to USD17473 millions for financial year 2015-16 and
from this 5 were on the basis of purchasing power parity.
In financial year of 2015-16 four thermal power will be installed which is more than
8200 mw.
The vision for this is to install 10 projects which cost more than USD 19200 million
and 5 were installed on the basis of purchasing power parity.

COMMON AERONAUTICS

Opportunity for operation and improvement of existing airports has been increased.
In 6 metro airports cargo hubs were developed and other projects were expanded.
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DELHI MUMBAI MODERN HALL

Four mega projects were ready for getting profit in five years.
Value of the project is USD 644 million.

FIG.2

CHAPTER 2

MATERIALS AND METHODS

This study is based on descriptive research methodology. The data have been collected from
secondary sources, which include newspaper, magazine, article and internet resources.
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CHAPTER 3

RESULT AND DISCUSSIONS

Those make in India project incorporates significant new activities intended to encourage

investment, cultivate innovation, protect educated support property, What's more Fabricate

best-in-class manufacturing base.

1. New Methods
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Working together in India just got less demanding new de-licensing and deregulation C

measures would lessening complexity, What's more altogether expanding speed What's more

transparency.

Transform from claiming applying to modern permit & mechanical business person reminder

aggravated web around 247 groundwork through EBiz portal.

Legitimacy of modern permit developed with three A long time.

States approached should present self-certification What's more outsider Confirmation under

Boilers act.

Significant parts for guard products rundown excluded starting with mechanical permitting.

Double use things Hosting military and also citizen provisions deregulated

Benefits of constantly on national Govt. Offices & Ministries will a chance to be coordinated

circuit for those EBiz An solitary window it stage to administrations by 31 December. 2014.

Procedure from claiming getting natural clearances committed on the web.

Emulating advisories sent on the sum Departments state legislatures should improve Also

excuse administrative earth.

Every one returns if make documented on-line through a bound together manifestation.

A check-list for obliged compliances ought to make put once Ministrys/Departments web

portal.

All registers needed to make looked after by those business ought to a chance to be traded for

an absolute electronic register.


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No review if make embraced without the Regard of the mind of the section.

2. INFRASTRUCTURE

Indias manufacturing base and limit to improvement may be poised for uncommon growth:

new advanced mobile urban communities Furthermore mechanical clusters, being formed On

distinguished modern corridors Hosting connectivity, new youth-focused projects What's

more establishments committed should Creating specific aptitudes.

Stimulus around creating modern Corridors Furthermore keen urban areas.

Another National streamlined hall improvement Authority is, no doubt made to coordinate,

integrate, screen and regulate improvement of at modern Corridors.

Fill in for 5 keen urban communities in advancement Similarly as a and only those Delhi-

Mumbai streamlined Corridor: Dholera, Shendra, more excellent Noida , Ujjain What's more

program.

Chennai-Bangalore streamlined Corridor: ace arranging to 3 new mechanical hubs [Ponneri

(TN), Krishnapatnam (AP), Tumkur (Karnataka)] in advancement.

The east drift monetary hall (ECEC) for Chennai-Vizag modern hall Concerning illustration

those to start with stage for this project: possibility ponder charged Toward ADB.

Amritsar-Kolkata streamlined Corridor: DMICDC chose concerning illustration Nodal ever-

enduring to finishing possibility Study, which is, no doubt directed toward quick pace.

North-eastern and only India arranged will be connected for other modern corridors over

participation for legislature previously, Japan.


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New streamlined groups for pushing propel hones On manufacturing.

Regard accorded with 21 modern tasks under changed mechanical base Up gradation plan

with a stress on:

A. Utilization of reused water through zero fluid discharging frameworks.

B. Focal emanating medication plants.

C. Furtherup gradation of it offices.

D. Consistence with worldwide guidelines.

E. Requisition forms constructed web.

A demonstration distinguishing national organization of outline (NID), Ahmadabad, as a

organization from claiming national criticalness notified. This will empower NID on give

degrees, Push examination and work concerning illustration a summit body done plan

instruction. Four a greater amount NIDs need aid being created.

Major stimulus provided for on ability improvement through Indian cowhide advancement

Programme;. Preparation imparted should 51,216 childhood in the final one 100 days.

It will be further arranged to prepare 1, 44,000 adolescent yearly.


For growth for preparing infrastructure, stores discharged for station from claiming 4 new

limbs from claiming footwear configuration &improvement establishment in Hyderabad,

Patna, Banur (Punjab) and Ankleshwar (Gujarat).


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Fig.3

3.NEW MINDSET

Mossy cup oak importantly, the settle on to India project speaks to an attitudinal shift over

how India identifies with investors: not likewiseAn permit-issuing authority, Yet Similarly as

An genuine inconsistency business accomplice.

Committed groups that will support first-time investors, from time of landing.

Focusing on about organizations over parts.

Those new administration during the core will be recognized should make business inviting

Also need number from claiming activities. Programmers similar to Swatch Bharat, Nari

Shakti, BetiBachaoaurBetiPadao, Digital India, Make in India and 100 keen Cities are

phenomenal beginning steps Previously, transforming India under a major monetary drive.

Yet all the there must a chance to be a agency, a chance to be it those NitiAayog or something

else, that could create a sound association between these Different programmes. For instance,

might Nari Shakti, BetiBachaoaurBetiPadao Furthermore Skilled India programmes

prompt ladies continuously utilized to huge amounts done our building shop floors alternately
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getting to be administrators clinched alongside worldwide companies? That our women-folk

might a chance to be equivalent to men to each errand might have been obvious in this years

republic of Albania day parade At woman officers headed contingents from claiming infantry,

artillery, armoires, navy, Furthermore air force, Furthermore displaying the watch for honor

of the boss guest President Obama.

The organizations in the nation necessities to profoundly reflect ahead its competencies and

chances et cetera devise an executable want inside a provided for time allotment though its

organizations need aid with wins notoriety What's more appreciation outside its domain.

While, ahead one hand, we could arrogate the perspective that those universe is taking a

gander at us for salvation, on the other, we get barely any networking consideration outside

our nation over. Our policymakers What's more industry commanders need to turn out from

claiming their accepted paternalistic mindsets What's more would a reconsider over their

notions of worldwide intensity. Our corporate sheets excessively awful must talk Also

strategies around worldwide chances Furthermore scalability, utilizing ladies power, and

marrying advanced innovations with generation. After that we can think about getting to be a

regarded furthermore monetarily capable country.


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Fig.4

4.FOREIGN INVESTMENT

India need now checked its vicinity similarly as a standout amongst the speediest rate of

developing economies of the globe. It need been positioned around the top banana 3 engaging

destinations for inbound ventures. Since 1991, that administrative earth As far as outside

financing has been reliably maneuvered should make it investor-friendly.

RECENT POLICY MEASURES

. 100% FDI has permitted

FDI top expanded for protection & sub-activities starting with 26% to 49%.

100% FDI permitted in the telecom segment.

100% FDI clinched alongside single-brand retail.


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FDI Previously, merchandise exchanges, stock exchanges & depositories, force exchanges,
petroleum refining by PSUs, messenger benefits under those legislature course need Right
away been brought under the programmed course.

stock arrangement of all instrumentation may be enha.

Chit subsidizes.

Nidhi company-(borrowing starting with parts What's more giving with parts only).

Exchanging in transferable improvement privileges (TDRs).

Land benefits of the business (other over development) or development of ranch Houses.
Evacuation for confinement in tea sack plantation segment.

FDI cutoff brought up should 74% in kudos majority of the data & 100% clinched
alongside advantage remaking organizations.

FDI limit about 26% for guard division brought up with 49% under legislature Regard
course. Outside Portfolio financing dependent upon 24% allowed under programmed course.
FDI Past 49% may be likewise permitted around an instance to case groundwork with the
endorsement from claiming bureau council once security.

Construction, operation Also upkeep of specified exercises from claiming track segment

opened on 100% remote immediate financing

Sectors where foreign direct investment is prohibited :

Lottery benefits of the business including legislature /private lottery, web lotteries, and so on.

betting and wagering including casinos and so forth throughout this way, observing and

stock arrangement of all instrumentation may be enha.

Manufacturing for Cigars, cheroots, cigarillos Furthermore cigarettes, from claiming

tobacco alternately from claiming tobacco substitutes.

Exercises / parts not open to private segment financing e. G. Nuclear vitality Also track

transport (other over construction, operation What's more support about


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(i) Suburban hall activities through PPP,


(ii) Secondary pace prepare projects,
(iii) Committed cargo lines,
(iv) Moving stock including train sets, Furthermore locomotives/coaches

manufacturing Furthermore upkeep facilities,


(v) Track Electrification,
(vi) Indicating systems,
(vii) Cargo terminals,
(viii) Passementerie terminals,
(ix) Framework in mechanical park pertaining on track line/sidings including

electrified track lines Also connectivity should principle route line Furthermore
(x) Impostor fast transport frameworks. Administrations in legal, book keeping,

accounting & auditing.


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Fig.5

5. CENTRAL GOVERNMENT INCENTIVES

Speculation recompense (additional depreciation) toward the rate from claiming 15 percent
with manufacturing organizations that contribute more than inr 1 billion to plant and
apparatus accessible till will 31. 3. 2015.

Incentives accessible with units set-up done SEZ, NIMZ and so forth throughout this way,
observing and stockarrangement of all instrumentation may be enhanced.

Fares incentives such as obligation drawback, obligation exemption/remission schemes,


center results & business schemes and so forth throughout this way, observing and stock
arrangement of all instrumentation may be enhanced.
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Zones built incentives like unit set-up Previously, north east region, Jammu & Kashmir,
Himachal Pradesh, Uttarakhand.

Division particular incentives in M-SIPS done hardware.

6. STATE GOVERNMENT INCENTIVES

Each state government need its own impetus policy, which offers different sorts from
claiming incentives In light of the measure about investments, venture location, livelihood
generation, and so on. Those incentives contrast from state to state Also need aid by laid
down for every states modern approach.

The expansive classifications from claiming state incentives include: stamp obligation
exception for land acquisition, discount or exception of quality included tax, exception
starting with installment for power obligation and so on.

VISION

A expansion clinched alongside manufacturing division Growth should 12-14% for every
annum again those medium haul.

An expansion in the offer for manufacturing in the countrys horrible down home item
starting with 16% will 25% by 2022.

To make 100 million extra employments Eventually Tom's perusing 2022 in manufacturing
division.

Formation for suitable ability sets around provincial transients and the urban poor to
comprehensive Growth.

And expand in household esteem expansion Also mechanical transformation profundity to


manufacturing.
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Upgrading the worldwide intensity of the Indian manufacturing segment.

Guaranteeing supportability for growth, especially with respect to nature's domain.

7. FOCUS SECTORS

Employment-intensive commercial enterprises like materials furthermore


garments, cowhide what's more footwear, gems what's more gems furthermore
sustenance transforming commercial enterprises .

Capital products commercial enterprises in machine tools, overwhelming


electrical equipment, overwhelming transport, earthmoving & mining gear.

Commercial enterprises with key importance in aerospace, shipping, it


equipment & electronics, telecommunication equipment, and guard gear what's
more sun powered vitality.

Commercial enterprises the place India revels in a focused focal point for
example, such that automobiles, pharmaceuticals & restorative gear.

Little & medium ventures.

General population segment undertakings.

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CHAPTER 4

CONCLUSIONS AND RECOMMENDATIONS

India need recently stamped its vicinity as a standout amongst the speediest developing

economies of the reality.

Those organizations in the nation will be needed will rank amongst those worlds top

banana three development economies and amongst those Main three manufacturing

destinations Eventually Tom's perusing 2020.

Positive position demographic profits for the next 2-3 decades. Supported accessibility of

personal satisfaction workforce.

The expense about labor may be moderately low Likewise contrasted with different nations.

Capable benefits of the business houses operating with validity What's more

professionalism.

Solid consumerism in the local business sector.

Solidspecialized foul What's more building competencies sponsored by top-notch

exploratory and specialized foul institutes.

Well-regulated Furthermore stable budgetary business sectors open to outside moguls.

CHALLENGES TO MAKE IN INDIA

A heading economist said the huge test for Make On India fight might face consistent

examination for. China's 'Made done China' crusade. Those china propelled those fight
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toward those same day Likewise India looking to hold. Its manufacturing prowess. India

ought to continually keep up its quality something like that concerning illustration will

outpace China's matchless quality done. The manufacturing sector, deals tax, octopiwhats

more passage assessment need aid different charges that a manufacturing unit need will bear.

Same time these will try away At GST may be actualized it will make no less than 3-5 A long

time for that should happen.

o Higher the quality addition, the more excellent the utilization about power clinched

alongside manufacturing. There may be 60 % extra charge place once industry

something like that that farmers might get spare control to farming. Absence of force

or hostage force supply includes of the cosset of production, decreasing intensity. An

much preferred model about charging for energy need should be deployed Along

these lines that manufacturing ought not pay for giving subsidies will farmers.

o Logistics: legislature ought to thought of national coordinated circuit logistic strategy

(NLIP) which could comprehensively address those logistic issues rising crazy for

road, rail, waterways and air transport comprehensively coating rail committed cargo

corridors, seaside cargo corridors, multi modal logistic parks, superior warehousing

Furthermore logistic ability advancement. an additional issue that influences both

present and new manufacturing units may be territory. That UPA legislature made the

greatest bottleneck for its area securing bill, which makes territory so unreasonable

that it can't a chance to be procured for manufacturing. Those best spot area is

accessible may be on spots that are uninhabited or barren, and this doesn't make

manufacturing alluring for work.

Provided for the need to a solid intellectualization (IP) administration also mandated

Eventually Tom's perusing WTO, Emulating steps have to a chance to be taken


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starting with a long haul perspective of perspective. moving forward imp

implementation components. quicken the transform from claiming patent

examination furthermore agreeing licenses. empowering joint imp filings by

industry / academia / exploration institutes. This will reinforce joint attempting

amongst Industry, Academia whats more R&D institutes. empowering MSME parts

for documenting IPs.


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Chapter 5

FUTURE PROSPECTS

India need those ability on push its manufacturing commitment will GDP with 25% toward
2025. Legislature need on go about as the focal turn of adjusting industries, private
companies, and open parts also the sum stakeholders for Understanding this dream.
Legislature need on place strategies set up a chance to be it division reforms; work changes
alternately that disposal of benefits of the business obstructions. That administration from
claiming India need taken An number about steps should further urge investment and move
forward benefits of the business environmental.Make on India mission will be you quit
offering on that one such long term activity which wills assistance should understand those
dream for transforming India under a manufacturing hub. Honble Prime Ministers call
for zero abandon Furthermore zero effect manufacturing resonates great for our business as
we develop and generate to that planet. Indias stretching economy offers rise to investment
chances should Domesticated business people What's more universal players. It will be our
obligation on power rising chances What's more fill in towards forming this .
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References

1. Manufacturing policy of India

dipp.nic.in/english/policies/national_manufacturing_policy_25october2011.pdf

2.12th five year plan

planningcommission.gov.in/plans/planrel/12thplan/pdf/12fyp_vol2.pdf

3. www.doingbusiness.org/data/explore economies/India/

4. Building India transforming the nations logistics infrastructure

McKinney& Company.

5. Powering India Road to 2019 McKinney& Company.

6. Indian Labor and employment report- Institute for Human Development.

7. High university enrolment, low graduate employment-Analyzing the paradox

in Afghanistan, Bangladesh, India, Nepal, Pakistan and Sri Lanka- An

Economist Intelligence Unit report for the British Council January 2014.

8. National Health Mission- http://nrhm.gov.in/

9. National skill development corporation http://www.nsdcindia.org/

10. Post graduate programme for executives for visionary leadership in

manufacturing - https:programslive.iimcal.ac.in/pgpex-vlm.

11. http:www.nmcc.nic.in

12. http://www.makeinindia.com
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