In Depth Facts Make in India Campaign started by PM Modi

In Depth Facts Make in India Campaign started by PM Modi

Know everything about Make in India campaign started by Prime Minister Narendra Modi

Facts regarding the Make in India campaign started by Prime Minister Narendra Modi

1-
The make in India logo is derived from India’s national emblem.
The prowling lion stands for strength, courage, tenacity and wisdom
What is the aim of Make in India Campaign?
An aim to turn the country into a global manufacturing hub.
The campaign is aimed to transform Indian economy from the services-driven growth model to labor intensive manufacturing driven growth. This will help in creating jobs for over 10 million people, who join the workforce every year.

2-
The Make in India campaign will target top companies across sectors in identified countries.

3-
It will also identify select domestic companies having leadership in innovation and new technology for turning them into global companies

4-
The "Invest India" unit in the Commerce Ministry will act as the first reference point for guiding foreign investors on all aspects of regulatory and policy issues and to assist them in obtaining regulatory clearances.

5-
Government will try to make the process simple for starting new business in India like regulatory rules and regulations which make it difficult to start a business in India
Foreign Companies will be invited to invest in India and start new factories in India
Foreign companies will be invited to develop Infrastructure and invest in Infrastructure sector
Example – Railways

6-
The government has identified 25 key sectors in which India has the potential of becoming a world leader
Below is the list of 25 Sectors

1-Automobiles -
100% FDI is allowed under the automatic route in the auto sector, subject to all the applicable regulations and laws.

2-Automobile Components-
100% FDI is allowed under the automatic route in the auto components sector, subject to all the applicable regulations and laws.

3-Aviation-
100% FDI is permitted for Greenfield airport projects under  the automatic route.
Up to 74% FDI is permitted for existing airport projects  under the automatic route, above 74% and up to 100% permitted under government approval route.
Up to 49% FDI is permitted in domestic scheduled passenger airlines under the automatic route. 100% permitted for NRIs. Up to 49% FDI under the automatic route is permitted in Non-Scheduled Air Transport Service. FDI above 49% and up to 74% is permitted under Government approval route. 100% FDI permitted for NRIs.
Up to 100% FDI is permitted in helicopter services and seaplanes under the automatic route.
Up to 49% FDI is permitted in ground handling services under  the automatic route. FDI above 49% and up to 74% is permitted  under government approval route. 100% FDI permitted for NRIs.
Up to 100% FDI is permitted in maintenance and repair organizations; flying training institutes; and technical training institutes under the automatic route.

4-Biotechnology-
Foreign Direct Investment (FDI) up to 100% is permitted through the automatic route for Greenfield and through the government route for brownfield, for pharmaceuticals.

5-Chemicals –
100% FDI is allowed under the automatic route in the chemicals sector, subject to all the applicable regulations and laws.

6-Construction-
100% FDI through the automatic route is permitted in townships, housing, built-up infrastructure and construction-development projects (including, but not restricted to housing, commercial premises, hotels, resorts, hospitals, educational institutions, recreational facilities, city and regional level infrastructure).

7-Defence Manufacturing-
Up to 49% investment is allowed under the government route, above 49% on a case-to-case basis on approval by the Cabinet Committee on Security, wherever it is likely to result in access to modern and state-of-the-art technology

8-Electrical Machinery-
100% FDI is allowed under the automatic route in the electrical machinery sector, subject to all applicable regulations and laws.

9-Electronic system-
100% FDI is allowed under the automatic route in the Electronics Systems Design & Manufacturing sector and is subject to all applicable regulations and laws.

10-Food Processing-
100% FDI is permitted in the automatic route for most food products except for items reserved for micro and small enterprises.
100% FDI is permitted for alcoholic beverages, with the requirement of an industrial license.

11- IT AND BPM-
Up to 100% FDI is permitted under the automatic route in data processing, software development and computer consultancy services, software supply services, business  and management consultancy services, market research services, technical testing and analysis services.

12- Leather-
100% Foreign Direct Investment is permitted through the automatic route.

13-Media and entertainment-
FDI in Teleports, direct-to-home (DTH), cable networks, mobile TV, Headend-in-the-Sky Broadcasting Services are allowed up to 74% with  FDI, up to 49% under the Automatic route. FDI beyond 49% (up to 74%) is permitted under the government route.
FDI in cable networks is allowed up to 49% under the Automatic route.

Broadcasting Content Services:

FDI in FM radio is allowed up to 26% under the government route.
FDI up linking of ‘News and Current Affairs’ TV channels is allowed up to 26% under the government route.
FDI up linking of ‘Non-News and Current Affairs’ TV channels/downlinking of TV channels is allowed up to 100% under the government route.

Print Media:
26% FDI under the government approval route is allowed in the publishing of newspapers and periodicals dealing with news and current affairs
26% FDI under the government approval route is allowed in the publication of Indian editions of foreign magazines dealing with news and current affairs
100% FDI under the government approval route is allowed in publishing/printing of scientific and technical magazines/specialty journals/periodicals, publication of facsimile editions of foreign newspapers.

14-Mining-

FDI up to 100% is allowed in exploration, mining, minerals processing and metallurgy under the automatic route for all non-fuel and non-atomic minerals including diamonds and precious stones.
Mining and mineral separation of titanium-bearing minerals and ores, its value addition and integrated activities fall under the government route of foreign direct investment up to 100%.
FDI in coal mining is allowed for captive consumption only.

15-Oil and Gas-
FDI up to 100% is permitted under automatic route in exploration activities of oil and natural gas fields, infrastructure related to the marketing of petroleum products and natural gas, marketing  of natural gas and petroleum products, petroleum product pipelines, natural gas/pipelines, LNG re-gasification, market study and formulation and petroleum refining in the private sector.

16-Pharmaceuticals-
100% FDI is allowed under the automatic route for Greenfield projects.
For brownfield project investments, up to 100% FDI is permitted under the government route.

17-Ports-
100% FDI is allowed under the automatic route for projects related to the construction and maintenance of ports and harbors, subject to applicable regulations and laws.

18-Railways-
100% FDI under automatic route is permitted for the following:
Construction, operation and maintenance of sub-urban corridor projects through PPP.
High speed train projects.
Dedicated freight lines.
Rolling stock including train sets and locomotive/coaches manufacturing and maintenance facilities.
Railway electrification.
Signaling systems.
Freight terminals.
Passenger terminals.
Infrastructure in industrial parks pertaining to railway line/siding including electrified railway lines and connectivity to main railway line.
Mass Rapid Transport Systems.

19-Renewable Energy-
Foreign Direct Investment (FDI) up to 100% is permitted under the automatic route for renewable energy generation and distribution projects subject to provisions of The Electricity Act, 2003.

20-Roads and Highways-
100% FDI is allowed under the automatic route in the road and highways sector, subject to applicable laws and regulation.

21-Space-
FDI up to 74% is allowed in satellites- establishment and operation, subject to the sectoral guidelines of the Department  of Space/ISRO, under the government route.

22-Textiles and Garments-
100% FDI is allowed under the automatic route in the textile sector; investment is subject to all applicable regulations and laws.

23-Thermal power-
100% FDI is allowed under the automatic route in the power sector (except atomic energy), subject to all the applicable regulations and laws.
FDI is permitted in the following categories
Generation and transmission of electric energy produced in hydro-electric, coal, lignite, oil and gas-based thermal power plants.
Non-conventional Energy Generation and Distribution.
The distribution of electric energy to households, industrial, commercial and others.
Power Trading.
FDI in power exchanges up to 49% (26% FDI+23% FII/FPI) is under the automatic route.
FII/FPI purchases shall be restricted to secondary market only. No non-resident investor/entity, including persons acting in concert, will hold more than 5% of the equity in these companies and the foreign investment would be in compliance with SEBI regulations. Other applicable laws/regulations, security and other conditionalities apply.

24-Tourism and Hospitality-
100% FDI is allowed under the automatic route in tourism and hospitality, subject to applicable regulations and laws.
100% FDI allowed in tourism construction projects, including the development of hotels, resorts and recreational facilities.

25-Wellness-
100% FDI is permitted in the AYUSH sector.

Below is Photo of Make in India Logo –

Reality views by sm –

Friday, September 26, 2014

Tags – Facts Make In India Narendra Modi PM