Make In India And Foreign Direct Investment Fdi A Realism Towards Indias Manufacturing Hub
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| Author | : CMA Lakshmana Rao Udandrao |
| Publisher | : |
| Total Pages | : 13 |
| Release | : 2017 |
| Genre | : |
| ISBN | : |
Make in India is an Expansion and growth strategy, launched by Govt. of India, under the Leadership of Prime minister, Sri Narendra Modi on September 25, 2014, to foster Economic Development and strengthen India's manufacturing sector. The main Objective of make in India program is to promote Manufacturing sector and protect Intellectual property, by inviting the investors across the Globe in invest in India and use India most skilled manpower for Growth and development of the country. The campaign aimed at creating jobs to the millions of people in the country and it also attracts Foreign Direct Investment to the country (FDI).
| Author | : CMA Lakshmana Rao Udandrao |
| Publisher | : |
| Total Pages | : 11 |
| Release | : 2016 |
| Genre | : |
| ISBN | : |
'Make in India' is the latest momentum initiated by the Central Government with an aim to make India a manufacturing hub for the world. The concept is mooted keeping in view of the strengths of the country in terms of manpower, skill, consumption and abundantly available natural resources.Foreign Direct Investment (FDI) is one of the main sources to supplement domestic capital wherein individuals, enterprises and corporates outside the country invest in India with an objective of 'lasting interest' in the enterprises they invested. In the last ten years, there is a significant increase in Foreign Direct Investment (FDI) into the country in various forms and into various sectors of business. This has led to spur in growth of business activities, increase in GDP, Manufacturing PMI, income levels etc. India being second most populous country in the world with 1.22 billion people and boasts nearly 500 million strong labour force ranging from unskilled workers to good English speaking engineers, doctors, researchers and professionals having potential of making cost-effective research and development based manufacturing. Largest population creates market for goods and brands the country as 'consumption hub', at the same time, pools of strong labour force brands the country as an 'investment destination' for foreign entrepreneurs easing the flow of Foreign Direct Investment. An analysis of FDI inflow into the country vis-a-vis Index of Industrial Production (IIP) for last nine years (2005-06 to 2013-14) indicates that there is a strong positive correlation (r = 0.80) exists between the two. Recently government has put in place an investor-friendly FDI policy under which 100% FDI is permitted under the automatic route in most of the sectors/activities. This helps in economic growth by supplementing domestic capital, technology transfer and adoption of global practices leading to increased manufacturing and productive capacity. Make in India initiative coupled with liberalized FDI policy, key policy changes enabling 'ease of doing businesses' create a synergetic impact on the national economy and galvanize India's economy to reach greater heights!
| Author | : V Suresh Babu |
| Publisher | : |
| Total Pages | : 4 |
| Release | : 2020 |
| Genre | : |
| ISBN | : |
Foreign Direct Investment (FDI) is viewed as a source of economic development, modernization, employment, and income growth for emerging economies like India. It acts as a significant catalyst and as the lifeblood of economic development by way of up-gradation of technology, managerial skills, capabilities, etc., The main advantage of FDI is that it supplements the available domestic capital without adding to the national debt. A steady and continuous inflow of foreign investments helps in boosting our Balance of Payments situations and strengthening the value of Indian currency against global currencies. India has liberalized its FDI regimes and pursued several other policies to make India an attractive destination for FDI. Government of India has taken strenuous efforts and initiatives in recent years like dispensing the need of getting approvals at various stages from the Government /other regulatory bodies and relaxing FDI norms across various sectors such as Defence, Public Sector Undertaking Oil refineries, Telecom sector, Stock exchanges, etc., Major initiative in this regard is the "Make in India" launched by the Prime Minister Shri. Narendra Modi in September 2014. Make in India is a powerful, galvanizing call and an invitation to potential investors around the world to transform India into a global design and manufacturing hub. Tackling the problems of unemployment by creation of new jobs, advancement of employability skills and fostering innovation are the major objectives of this initiative. Series of reforms launched by the Government of India to liberalize its foreign investment norms has enabled our country to be one of the world's fastest-growing economies and a top market for foreign direct investments globally. This paper attempts to analyze the FDI in various sectors and the impact of Make in India scheme on FDI.
| Author | : Sachin Bhat |
| Publisher | : |
| Total Pages | : 0 |
| Release | : 2021 |
| Genre | : |
| ISBN | : |
Manufacturing units of a country plays a vital role in the growth of an economy. The development of this sector is a key indicator of the economic strength of a country. It helps in raising productivity, generating employment and also supports creating fruitfulness in job and other sectors of the economy. Make in India was inaugurated by our Prime Minister, Narendra Modi on 25 September 2014, to encourage companies to manufacture their products in India. He has launched this ambitious campaign with an aim to show the country into a worldwide manufacturing hub. This is a world marketing strategy conceptualized by the PM of India to attract investments from businesses everywhere the planet and reworking India into a worldwide manufacturing Hub. For promoting this campaign, the online portal, logo and brochures are used for detailing 25 priority sectors of the economy. The main motto behind this initiative is to focus on job creation, improving living standards, skill development and innovation and to align India's manufacturing sector into the Global Value Chain by encouraging Public Private Partnership (PPP), Joint Ventures (JV), Foreign Direct Investment (FDI) inflow, and advancing Ease in Doing Business (EDB). Higher education will also play a significant role in improving the quality of Research and Development (R&D). This scheme focuses on acceleration of economic growth to the new level and to drag back the economy from clutches of recession. Currently India's GDP is heavily tilted in favors of service sector. The secondary data collected from different sources like journals, magazines, annual report etc.
| Author | : Pankaj Kumar Mandal |
| Publisher | : |
| Total Pages | : 5 |
| Release | : 2016 |
| Genre | : |
| ISBN | : |
Government of India took initiatives to attract foreign direct investment in manufacturing sector through 'Make in India' campaign. Eyeing to the necessary growth of manufacturing industry the central and states governments are changing their trade and investment policies. But the recent trend of FDI inflows shows that the foreign investors still prefer Indian service sectors. The objective of this study is to analyse recent trend of FDI inflows to India and to find out the reason behind the trend. The study finds that the greatest part of Indian inward FDI is Market Seeking FDI in nature. Since there is a ready market for defence material and sophisticated technology based electronic devices a smart FDI inflows to these sectors may be experienced in near future.
| Author | : Jesu Gaspar Valan Arasu |
| Publisher | : |
| Total Pages | : 231 |
| Release | : 2015 |
| Genre | : Investments, Foreign |
| ISBN | : 9789331326768 |
| Author | : Baldev Raj Nayar |
| Publisher | : SAGE |
| Total Pages | : 113 |
| Release | : 2006-01-01 |
| Genre | : Business & Economics |
| ISBN | : 1932728422 |
This study systematically evaluates the economic consequences of globalization for India in the light of the attack of the critics against globalization on grounds of economic stagnation, ?deindustrialization,? ?denationalization,? destabilization, and impoverishment. On the basis of abundant qualitative and quantitative data, it strongly repudiates the case of the critics, and demonstrates that India has been a significant beneficiary of the globalization process. Instead of economic stagnation, India has seen acceleration in its average annual rate of economic growth. Instead of deindustrialization, there has been substantial industrial growth and, indeed, acceleration in the industrial growth rate.Instead of denationalization, business in India is now more competitive and is venturingforth into the global market; increased imports and the entry of foreign multinationalshave not swamped it; essentially, India is master of its own destiny. Instead of economicdestabilization, there has been since the paradigm shift in economic policy in 1991 a marked absence of economic crisis in India. And, instead of impoverishment, India hasseen a long and unprecedented period of welfare enhancement since it began its reintegration into the world economy in 1975; there has been a secular decline in povertysince then, while inequality has not increased much. The policy conclusion that flows from this experience is that India ought to be, in general, more open to globalization in the interest of sustaining the acceleration in economic growth and enhancing the welfare of its people. To this end it should push forward with the reform agenda.This is the twenty-second publication in Policy Studies, a peer-reviewed East-West Center Washington series that presents scholarly analysis of key contemporary domestic and international political, economic, and strategic issues affecting Asia in a policy relevant manner.
| Author | : Rahul Anand |
| Publisher | : International Monetary Fund |
| Total Pages | : 65 |
| Release | : 2015-05-29 |
| Genre | : Business & Economics |
| ISBN | : 1513542273 |
Structural transformation depends not only on how much countries export but also on what they export and with whom they trade. This paper breaks new ground in analyzing India’s exports by the technological content, quality, sophistication, and complexity of the export basket. We identify five priority areas for policies: (1) reduction of trade costs, at and behind the border; (2) further liberalization of FDI including through simplification of regulations and procedures; (3) improving infrastructure including in urban areas to enhance manufacturing and services in cities; (4) preparing labor resources (skills) and markets (flexibility) for the technological progress that will shape jobs in the years ahead; and (5) creating an enabling environment for innovation and entrepreneurship to draw the economy into higher productivity activities.
| Author | : Saul Estrin |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 392 |
| Release | : 2004-01-01 |
| Genre | : Business & Economics |
| ISBN | : 9781781956465 |
"The book investigates foreign direct investment (FDI) strategies in four important emerging economies: Egypt, India, South Africa and Vietnam. These countries liberalized their economies in the 1990s with the intention of attracting greater FDI inflows. This book assesses whether they have been successful in achieving this goal. The authors adopt a comparative perspective and use a large enterprise survey plus three individual case studies in each country. They investigate the strategies of foreign direct investors focusing on the relationship between the investment climate, the mode of entry (acquisition, greenfield or joint venture), company performance, and spillovers to the host economy. The book outlines how the interactions between international businesses and the local policy environment influence the entry strategies of firms. Academics and researchers with an interest in international business, emerging markets, economic development and strategic management will find this book informative and insightful."--BOOK JACKET.
| Author | : A P J Abdul Kalam |
| Publisher | : Penguin UK |
| Total Pages | : 135 |
| Release | : 2016-02-01 |
| Genre | : Political Science |
| ISBN | : 9351188531 |
India 2020 is about to become a reality. Are we ready? As Dr Kalam and Y.S. Rajan had contended in their landmark vision document, India 2020, India has steadily moved towards becoming one of the top five economic powers in the twenty-first century. India’s growth story has seen new opportunities and emerging technologies that make faster and more inclusive growth viable. In Beyond 2020, Kalam and Rajan argue that a renewed policy focus is now needed for agriculture, manufacturing, mining, the chemicals industry, healthcare and infrastructure to invigorate these sectors and boost economic growth. India can still make it to the list of developed nations in a decade. This timely book provides an action plan for that transformation.
