Slide 1

MAKE IN INDIA

MAJOR TAKEAWAYSFDI First Develop India

Growth Oriented Environment

World is looking to Asia, we just need to give our Address

Effective Governance not only Good Governance

Mapping of Potential, Develop HR accordingly

OPPORTUNITIESPurchasing power parity

65% population below age of 35

Cost effective Manufacturing ( Labor)

3Ds viz. Democracy, Demography, Demand

CHALLENGESSkill Development

Labor Laws

Effective governance

Land Acquisition

Environmental issues

CHALLENGES (Continued)Parity between Govt. Policy, Corporate Requirement, Job seekers Thinking, Academic Teachings.

Parity between States and Central, Concurrent List

Digitization

Building Critical Infrastructure

Economies of World (Top 10)SOURCE: UNITED NATIONSCountryEconomy(Trillions of US Dollar)AgricultureIndustryServiceUnemployment RateUSA16.21.12%19.10%79.70%6.20%China8.310%43.90%46.10%4.10%Japan5.91.20%27.50%71.40%4%Germany3.40.80%28.10%71.10%5.10%France2.61.90%18.30%79.80%10.20%U.K2.470.70%21%78%6.50%Brazil2.25.40%27.40%67.20%5.00%Russia2.023.90%36%60%4.90%Italy2.012%24.20%73.80%12%India1.8717.40%25.80%56.90%8.80%

POWER TALKSShare of Manufacturing in Indias GDP is low at 16% as compared to 36% in China, 34% in south Korea, and 22% in Germany. We have a lot of catch up to do. - Kumar Mangalam Birla

When worked to its full potential manufacturing can add about 9 Crore Jobs in next decade in India. - Chanda Kochhar

SUGGESTIONSImproving Market distortions and Infrastructure

Reliable Power and smooth Transportation

Comprehensive State Reforms

Ease of doing Business

Goods and Service Tax(GST)

Culture of Innovation; Promote Entrepreneurship

SUGGESTIONS (Continued) Through MakeinIndia campaign govt. identified 25 sectors to focus onSpecific industries could be Fast tracked for radical growth viz.Automobile Sector(comprise 7% of GDP)Pharmaceutical Sector (60% is exported)Renewable Energy(to contribute 35% in installed capacity by 2050 through desert development plan)

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