INDIA BY NUMBERS: WHERE DOES IT STAND? 7 th largest economy Fastest growing large economy 20,00 15,00 10,00 5,00 0,00 GDP (current prices, trillion USD) 2.18 8 7 6 5 7,4 GDP Growth Rate (2015, %) 3 rd largest economy by PPP Valuation 25,00 20,00 15,00 10,00 8,03 5,00 0,00 GDP (PPP, trillion USD) 4 3 2 1 0 Source: International Monetary Fund, October 2015
INDIA IS ONE OF THE FASTEST GROWING ECONOMIES GLOBALLY
FOUR PILLARS OF THE NEW REVOLUTION New Processes Ease of Doing Business De-licensing & Deregulation New Infrastructure Industrial Corridors Industrial Clusters Smart Cities New Sectors Opening up and liberation of FDI in key sectors New Mindset Assistance and handholding Focused targeting of companies across sectors Make in India Initiative
BRINGING OUT TRANSFORMATION IN MANUFACTURING EASE OF DOING BUSINESS Apply for licenses through a 24x7 ebiz Portal Validity of industrial licenses extended to three years States to introduce self certification and 3 rd party certification Major components of defence products list excluded from industrial licensing ENABLING MANUFACTURING Impetus on developing infrastructure corridors and smart cities Industrial clusters and nodes Integration of workforce and markets along the corridors LIBERALIZED FDI IN KEY SECTORS Opening up of key sectors 100% FDI through automatic route in Construction, Townships, Railways (Operations), Telecom, Medical Devices and Single Brand Retail sectors Defence and Insurance are among more open sectors NEW MINDSET Dedicated sectoral policy reforms Active involvement of States and Urban Local Bodies Investor facilitation Events and conferences
STRONG IMPACT CREATED BY THE MAKE IN INDIA INITIATIVE Some Success Stories Electronics -Foxconn announces 10-12 facilities in India -Oppo, ZTE, Phicomm invest in India -One Plus, ASUS announces mobile manufacturing in India Automobiles -Mercedes Benz invest aggressively in India -B MW increases 50% localization -Volvo, Ford in with R&D facility Defence -Hyundai to build warships -Sun Group to build Russian helicopters -Reliance and international partners to build nuclear submarines and stealth warships Aviation -Airbus to increase its exports from India up to 2 bn USD -Pratt & Whitney evinced interest to Make in India
NOTABLE INVESTMENTS SINCE THE MAKE IN INDIA INITIATIVE
FDI INFLOWS IN INDIA TOP SECTORS (2014 15)
MAKE IN INDIA IMPACT ON FDI (OCT APR)
SMART CITIES MISSION ENABLING SUSTAINABLE URBANISATION 40% of the population to live in urban areas by 2030 53 cities with million plus population (2011 Census) 100 Smart Cities planned e-governance, management of waste, energy and water, urban mobility solutions Special Purpose Vehicles (SPV) for implementation
INDUSTRIAL CORRIDORS CREATING NEW WORLD CLASS INFRASTRUCTURE 5 Industrial Corridors planned DMIC World s largest infrastructure project Smart Cities along the corridors National Industrial Corridor Development Authority being created
STARTUP INDIA - STRONG FOCUS ON ENCOURAGING THE STARTUP ECOSYSTEM Industry- Academia Partnership and Incubation Relaxed Norms for Public Procurement Faster Exits Funding support through a corpus of INR 100 billion Simplification & Handholding Tax exemptions Innovation Focused Programs for Students
SECTORS OF PARTICULAR INTEREST TO SPANISH BUSINESSES Renewable Energy 175 GW to be added by 2022 100 GW Solar + 75 GW Wind Investments jumped 22% in 2015 to 10.9 billion USD Railways 3 rd largest network [3m tonnes of freight, 23m passengers daily] With 100 FDI allowed, investments worth 140 billion USD envisaged Smart Cities 600 million people expected to live in urban areas by 2030 100 Smart Cities to be built; Government to invest 7.2 billion USD Construction 1 trillion USD investment projected, 40% to be funded by private sector Infrastructure Corridors, Roads & Highways, Townships and Cities Food Processing 199 million cultivated hectares 42 mega food parks being set up
MAKE IN INDIA WEEK 13 TH 18 TH FEBRUARY 2016 / MUMBAI -FLAGSHIP EVENT -GLOBAL ENGAGEMENT -DESIGN, INNOVATION & SUSTAINABILITY IN MANUFACTURING -INAUGURATED BY THE PRIME MINISTER OF INDIA
MAKE IN INDIA WEEK 13 TH 18 TH FEBRUARY 2016 / MUMBAI
MAKE IN INDIA WEEK 13 TH 18 TH FEBRUARY 2016 / MUMBAI KEY FOCUS SECTORS -DEFENCE & AEROSPACE -AUTOMOBILES & AUTO COMPONENTS -CHEMICALS & PETROCHEMICALS -CONSTRUCTION EQUIPMENT, MATERIALS & TECHNOLOGY -FOOD PROCESSING -INFRASTRUCTURE DEVELOPMENT SECTOR PAVILION A showcase of Indian and global companies across key focus sectors STATES PAVILION A display of India s major manufacturing states, their achievements and investment potential -IT & ELECTRONICS -INDUSTRIAL EQUIPMENT & MACHINERY -PHARMACEUTICALS COUNTRY PAVILION From around the world -TEXTILES -MICRO, SMALL & MEDIUM ENTERPRISES
MAKE IN INDIA WEEK INDICATIVE PROGRAM SCHEDULE
www.makeinindia.com/mumbai-week