Major ports in India adds capacity of 92.19 MTPA during 2017-18

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Capital Market
Last Updated : Dec 17 2018 | 5:31 PM IST

Make in India initiative aims to create a conducive environment for investment, development of modern and efficient infrastructure

The 'Make in India' initiative was launched in 2014 with the objective of promoting India as an important investment destination and a global hub in manufacturing, design and innovation. This initiative aims to create a conducive environment for investment, development of modern and efficient infrastructure, opening up new sectors for foreign investment and forging a partnership between Government and industry through a positive mind set.

Some of the major achievements under Make in India initiative are:

Six industrial corridors are being developed across various regions of the country. Industrial cities will also come up along these corridors. India has become a net exporter of electricity - 7203 MU exported to Nepal, Bangladesh and Myanmar during 2017-18. One of the world's largest 648-MW solar power plant in Tamil Nadu was commissioned on 21 September 2016. Two path breaking prototype locomotives of WAGC3 & WAG11 class of 10,000 and 12,000 hp respectively were developed indigenously by converting existing diesel locomotive to upgraded electric locomotive. Asia's largest MedTech Zone (AMTZ) has been set up in Andhra Pradesh. 88 cold chain projects were commissioned during June 2014 to August 2018, thereby, creating additional food processing capacity of 3.9 lakh tones. Three textile mega clusters in Bareilly, Lucknow and Kutch are being set up, thereby benefitting 14505 artisans. Major ports in India have added capacity of 92.19 MTPA during FY 2017-18. Total turnaround time at these ports has reduced by 33% from 96 hrs in FY 2014-15 to 64.32 hrs in FY 2017-18.

Initially under Make in India initiative action plans for 25 sectors had been prepared and which after review is now focused on 27 sectors. Department of Industrial Policy & Promotion coordinates action plans for 15 manufacturing sectors while Department of Commerce coordinates 12 service sectors.

Investment promotion activities after launch of Make in India initiative are being undertaken by several Central Government Ministries, Departments and various State Governments from time to time.

RBI Regional Office-wise (one regional office may cover one or more states) FDI equity inflow reported in the country during April, 2015 to March, 2018 is as follows:

Sr. No.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

Regional Offices of RBI

States Covered

2015-16

2016-17

2017-18

Total

1

Hyderabad

Andhra Pradesh

1556

2195

1246

4998

2

Guwahati

Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Tripura

10

2

13

25

3

Patna

Bihar, Jharkhand

43

10

10

63

4

Ahmedabad

Gujarat

2244

3367

2091

7701

5

Jammu

Jammu & Kashmir

2

0

0

2

6

Bangalore

Karnataka

4121

2132

8575

14829

7

Kochi

Kerala, Lakshadweep

90

454

208

753

8

Bhopal

Madhya Pradesh, Chattisgarh

80

76

28

184

9

Mumbai

Maharashtra, Dadra & Nagar Haveli, Daman & Diu

9511

19654

13423

42588

10

Bhubaneshwar

Orissa

6

12

65

83

11

Jaipur

Rajasthan

50

165

117

333

12

Chennai

Tamil Nadu, Pondicherry

4528

2218

3475

10221

13

Kanpur

Uttar Pradesh, Uttranchal

80

8

90

177

14

Kolkata

West Bengal, Sikkim, Andaman & Nicobar Islands

955

50

218

1223

15

Chandigarh

Chandigarh, Punjab, Haryana, Himachal Pradesh

27

6

108

141

16

New Delhi

Delhi, Part Of Up And Haryana

12743

5884

7656

26282

17

Panaji

Goa

18

83

43

144

18

Region Not Indicated

Region Not Indicated

3936

7162

7491

18589

Grand Total

40001

43478

44857

128336

figures in US $ Million, Source: Foreign Direct Investment - Data Cell, DIPP

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First Published: Dec 17 2018 | 5:16 PM IST

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