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Press Information Bureau
Government of India
Ministry of Commerce & Industry
24-July-2015 17:39 IST
'Make in India' Programme

The ‘Make in India’ programme aims at promoting India as an important investment destination and a global hub for manufacturing, design and innovation

 

 

The ‘Make in India’ programme aims at promoting India as an important investment destination and a global hub for manufacturing, design and innovation. The ‘Make in India’ initiative does not target manufacturing sector alone, but also aims at promoting entrepreneurship in the country. The initiative is further aimed at creating a conducive environment for investment, modern and efficient infrastructure, opening up new sectors for foreign investment and forging a partnership between government and industry through positive mindset. The following  25 sectors have been identified under the ‘Make in India’ initiative :

1.      Auto Components

2.      Automobiles

3.      Aviation

4.      Biotechnology

5.      Chemicals

6.      Construction

7.      Defence Manufacturing

8.      Electrical Machinery

9.      Electronic System Design and Manufacturing

10.  Food  Processing

11.  IT and BPM

12.  Leather

13.  Media and Entertainment

14.  Mining

15.  Oil and Gas

16.  Pharmaceuticals

17.  Ports

18.  Railways

19.  Roads and Highways

20.  Renewable Energy

21.  Space

22.  Textiles

23.  Thermal Power

24.  Tourism and Hospitality

25.  Wellness

 

 

After the launch of ‘Make in India’ initiative in September 2014 there is 48 percent increase in FDI equity inflows during October 2014 to April 2015 over the corresponding period last year. A positive response has been received from within the country and globally for the ‘Make in India’ initiative. The Investor Facilitation cell in Invest India has received more than 12000 queries on its portal since the campaign began. Several countries such as Japan, China, France and South Korea have announced their intention to make huge investments in India in various industrial and infrastructure projects. 

            An Expert Committee has been constituted to examine the possibility of replacing multiple prior permissions and pre-existing regulatory mechanism and to prepare a draft legislation.

This information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Lok Sabha today.

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