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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