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Make In India One of the most significant initiatives of the Indian government, headed by Prime Minister Narendra Modi (who got elected to the top post in 2014) was the launch of the ‘Make in India’ initiative. For several years policy-makers in India debated on how to give impetus to manufacturing in the country to ensure that it emerges as a global manufacturing hub. Unfortunately, the manufacturing sector has been a laggard, with growth rates stagnating or even declining. Mr Modi launched his ambitious ‘Make in India’ campaign to facilitate investment, foster innovation, enhance skill development, protect intellectual property and build best-in-class manufacturing infrastructure within months of coming to power. The initiative is based on four pillars, which aim to boost entrepreneurship in manufacturing and other sectors. The four pillars include: new processes, new infrastructure, new sectors and new mindset. The Make in India programme has been built on layers of collaborative effort. An action plan has been drawn up for the next three years, following meetings between government officials and business representatives, aimed at raising the contribution of the manufacturing sector to 25 per cent of the GDP in the coming years. Ambitious campaign to facilitate investment, foster innovation Prime Minister Narendra Modi’s flagship programme, Make in India, promises to transform the Indian industrial and services landscape 8
Single largest manufacturing initiative These exercises resulted in the creation of a road map for the single largest manufacturing initiative undertaken by a nation in recent history. They also demonstrated the transformational power of public-private partnership, and have become a hallmark of the Make in India programme. Obsolete and obstructive frameworks of the past have been dismantled and replaced with a transparent and userfriendly system that is helping drive investment, foster innovation, develop skills, protect intellectual property and build best-in-class manufacturing infrastructure. According to the government, the most striking indicator of progress is the unprecedented opening up of key sectors – including railways, defence, insurance and medical devices – to dramatically higher levels of FDI. Under the Make in India initiative, an array of measures focused on the ease of doing business in India has also been launched. Brand new, IT-driven application and tracking processes are replacing files and slashing red tape. A number of new initiatives have been launched to streamline and rationalise licensing rules at the state government level, aligning them with global best practices. From amendments in the labour law to online filing of returns, and from rationalisation of the regulatory environment to increasing the validity of industrial licenses, a lot of changes have been ushered in to make ‘Make in India’ a reality. “Today, India’s credibility is stronger than ever,” asserts a statement by the Prime Minister’s Office. “There is visible momentum, energy and optimism. Make in India is opening investment doors. Multiple enterprises are adopting its mantra. The world’s largest democracy is well on its way to becoming the world’s most powerful economy.” Nation-building initiatives The Make in India initiative, launched by Prime Minister Modi in September 2014 as part of a wider set of nationbuilding initiatives, has been devised to transform India into a global design and manufacturing hub. The initiative represents a comprehensive and unprecedented overhaul of out-dated processes and policies. Importantly, it represents a complete change of the government’s mindset – a shift from issuing authority to business partner, in keeping with Prime Minister’s tenet of ‘Minimum Government, Maximum Governance’. The Department of Industrial Policy & Promotion (DIPP) worked with a group of highly specialised agencies to build brand new infrastructure including a dedicated help desk and a mobile-first website that packed a wide array of information into a simple, sleek menu. 9
Page 1: The Ease Of Doing Business
Page 4 and 5: The Ease Of Doing Business
Page 6 and 7: Contents Cover Features 08 Make In
Page 8 and 9: Annual Investment Meeting The seven
Page 10 and 11: Message | Ambassador of the UAE to
Page 14 and 15: Prime Minister Narendra Modi’s Ma
Page 16 and 17: Invest India Deepak Bagla Managing
Page 18 and 19: initiating remedial action on probl
Page 20 and 21: Smart Manufacturing ‘Make in Indi
Page 22 and 23: Interview | Chairman, Dubai Chamber
Page 24 and 25: Our visit to India was part of our
Page 26 and 27: Indian Business Major in the Gulf A
Page 28 and 29: Indian investments in the UAE Thriv
Page 30 and 31: Dubai International Financial Centr
Page 32 and 33: Above: Dubai International Financia
Page 34 and 35: All these moves are status as a gl
Page 36 and 37: DP World Huge Opportunities in Indi
Page 38 and 39: DP World invested about $200 millio
Page 40 and 41: privately managed container Above
Page 42 and 43: Delhi-Mumbai Industrial Corridor Le
Page 44 and 45: The government aims to invest about
Page 46 and 47: Gujarat International Finance Tec-C
Page 48 and 49: Towering opportunity for UAE-based
Page 50 and 51: FDI in Tourism The Leela Palace New
Page 52 and 53: Maldives, Mauritius and Seychelles.
Page 54 and 55: Southern Charm The southern state
Page 56 and 57: The state’s Economic Development
Page 58 and 59: The Heart of India One of India’s
Page 60: Madhya Pradesh in the only state in

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