Things you should know about ‘Make In India’

Economy & Finance

kotak-securities
  • Things you should know about ‘Make In India’
  • Background • The aim is to take the share of manufacturing in the country’s GDP from a stagnant 16% currently to 25% by 2022, as stated in the National Manufacturing Policy, and to create 100 million jobs by 2022. • India had fallen to a lowly 134th rank out of 189 countries this year (three down from 2013) in the World Bank’s Ease of Doing Business rankings. • Currently, it takes 12 procedures and 27 days to start business, 35 procedures and 168 days to get construction permits and 1420 days to enforce contracts in India.
  • Make In India: Origin • This initiative has its origin in the Prime Minister's Independence Day speech where he gave a clarion call to 'Make In India' and 'Zero Defect; Zero Effect' policy.
  • Make In India: Aim • To convert India into a global manufacturing hub, to help create jobs and boost economic growth. • To urge both local and foreign companies to invest in India.
  • Make In India: Logo • The logo is a striding lion made of cogs, symbolizing strength, manufacturing and national pride.
  • Make In India: Behind The Scenes • It is designed by a creative agency known as ‘Wieden and Kennedy’ • The backend is an agency called ‘Invest India’, which is a joint venture between industry chamber FICCI (Federation of Indian Chambers of Commerce and Industry: 51% equity), the central government’s DIPP (Department of Industrial Promotion and Policy: 35% Equity), and state governments, each of whom hold 0.5% equity.
  • 5 things ‘Make In India’ will do
  • #1 Guide Foreign Investors Invest India 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.
  • #2 Assistance to Foreign Investors Investor facilitation cell will provide assistance to the foreign investors from the time of their arrival in the country to the time of their departure, with focus on green and advanced manufacturing and helping these companies to become an important part of the global value chain.
  • #3 Prompt Response Prospective investors can post questions on the Make In India portal and they will be answered by a panel of experts within 72 hours.
  • #4 Provide Relevant Information Visitors registered on the website or raising queries will be followed up with relevant information and newsletter.
  • #5 Proactive Approach A pro-active approach will be deployed to track visitors for their geographical location, interest and real-time user behavior.
  • Get eBooks Website Thank You Open a DEMAT Account KotakSecurities.com/StartNow http://bit.ly/SlideShareSMS http://bit.ly/R1aoqR https://www.facebook.com/kotaksecurities https://plus.google.com/+kotaksecurities https://twitter.com/kotaksecurities http://bit.ly/InvestTodaySS http://on.fb.me/sf445u
  • Disclaimer: Kotak Securities Limited. Registered Office: 27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai 400051. CIN: U99999MH1994PLC134051, Telephone No.: +22 43360000, Fax No.: +22 67132430. Website: www.kotak.com . Correspondence Address: Infinity IT Park, Bldg. No 21, Opp. Film City Road, A K Vaidya Marg, Malad (East), Mumbai 400097. Telephone No: 66056825. SEBI Registration No: NSE INB/INF/INE 230808130, BSE INB 010808153/INF 011133230, OTC INB 200808136, MCXSX INE 260808130/INB 260808135/INF 260808135, AMFI ARN 0164 and PMS INP000000258. NSDL: IN-DP-NSDL-23-97. CDSL: IN-DP-CDSL-158-2001.Compliance Officer Details: Mr. Sandeep Chordia. Call: 022 - 6605 6825, or Email: ks.compliance@kotak.com . In case you require any clarification or have any concern, kindly write to us at below email ids: For Trading Account related queries: service.securities@kotak.com. For Demat Account related queries: ks.demat@kotak.com. Alternatively, you may feel free to contact our customer service desk at our toll free numbers 18002099191 or 1800222299. You may also call at 30305757 by using your city STD code as a prefix. In case you wish to escalate your concern / query, please write to us at ks.escalation@kotak.com and if you feel you are still unheard, write to our customer service HOD at ks.servicehead@kotak.com. Investments in securities are subject to market risk; please read the SEBI prescribed Combined Risk Disclosure Document prior to investing. http://www.kotak.com/ mailto:ks.compliance@kotak.com mailto:service.securities@kotak.com mailto:ks.demat@kotak.com mailto:ks.escalation@kotak.com mailto:ks.servicehead@kotak.com
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  • Things you should know about ‘Make In India’
  • Background • The aim is to take the share of manufacturing in the country’s GDP from a stagnant 16% currently to 25% by 2022, as stated in the National Manufacturing Policy, and to create 100 million jobs by 2022. • India had fallen to a lowly 134th rank out of 189 countries this year (three down from 2013) in the World Bank’s Ease of Doing Business rankings. • Currently, it takes 12 procedures and 27 days to start business, 35 procedures and 168 days to get construction permits and 1420 days to enforce contracts in India.
  • Make In India: Origin • This initiative has its origin in the Prime Minister's Independence Day speech where he gave a clarion call to 'Make In India' and 'Zero Defect; Zero Effect' policy.
  • Make In India: Aim • To convert India into a global manufacturing hub, to help create jobs and boost economic growth. • To urge both local and foreign companies to invest in India.
  • Make In India: Logo • The logo is a striding lion made of cogs, symbolizing strength, manufacturing and national pride.
  • Make In India: Behind The Scenes • It is designed by a creative agency known as ‘Wieden and Kennedy’ • The backend is an agency called ‘Invest India’, which is a joint venture between industry chamber FICCI (Federation of Indian Chambers of Commerce and Industry: 51% equity), the central government’s DIPP (Department of Industrial Promotion and Policy: 35% Equity), and state governments, each of whom hold 0.5% equity.
  • 5 things ‘Make In India’ will do
  • #1 Guide Foreign Investors Invest India 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.
  • #2 Assistance to Foreign Investors Investor facilitation cell will provide assistance to the foreign investors from the time of their arrival in the country to the time of their departure, with focus on green and advanced manufacturing and helping these companies to become an important part of the global value chain.
  • #3 Prompt Response Prospective investors can post questions on the Make In India portal and they will be answered by a panel of experts within 72 hours.
  • #4 Provide Relevant Information Visitors registered on the website or raising queries will be followed up with relevant information and newsletter.
  • #5 Proactive Approach A pro-active approach will be deployed to track visitors for their geographical location, interest and real-time user behavior.
  • Get eBooks Website Thank You Open a DEMAT Account KotakSecurities.com/StartNow http://bit.ly/SlideShareSMS http://bit.ly/R1aoqR https://www.facebook.com/kotaksecurities https://plus.google.com/+kotaksecurities https://twitter.com/kotaksecurities http://bit.ly/InvestTodaySS http://on.fb.me/sf445u
  • Disclaimer: Kotak Securities Limited. Registered Office: 27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai 400051. CIN: U99999MH1994PLC134051, Telephone No.: +22 43360000, Fax No.: +22 67132430. Website: www.kotak.com . Correspondence Address: Infinity IT Park, Bldg. No 21, Opp. Film City Road, A K Vaidya Marg, Malad (East), Mumbai 400097. Telephone No: 66056825. SEBI Registration No: NSE INB/INF/INE 230808130, BSE INB 010808153/INF 011133230, OTC INB 200808136, MCXSX INE 260808130/INB 260808135/INF 260808135, AMFI ARN 0164 and PMS INP000000258. NSDL: IN-DP-NSDL-23-97. CDSL: IN-DP-CDSL-158-2001.Compliance Officer Details: Mr. Sandeep Chordia. Call: 022 - 6605 6825, or Email: ks.compliance@kotak.com . In case you require any clarification or have any concern, kindly write to us at below email ids: For Trading Account related queries: service.securities@kotak.com. For Demat Account related queries: ks.demat@kotak.com. Alternatively, you may feel free to contact our customer service desk at our toll free numbers 18002099191 or 1800222299. You may also call at 30305757 by using your city STD code as a prefix. In case you wish to escalate your concern / query, please write to us at ks.escalation@kotak.com and if you feel you are still unheard, write to our customer service HOD at ks.servicehead@kotak.com. Investments in securities are subject to market risk; please read the SEBI prescribed Combined Risk Disclosure Document prior to investing. http://www.kotak.com/ mailto:ks.compliance@kotak.com mailto:service.securities@kotak.com mailto:ks.demat@kotak.com mailto:ks.escalation@kotak.com mailto:ks.servicehead@kotak.com
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