Lok Sabha Question No. 2747 (UNSTARRED), answered on 2018-03-12
Subject: Investment under Make in India
Ministry: COMMERCE AND INDUSTRY
Asked by: RAMSINH PATALYABHAI RATHWA, ELUMALAI VELLAIGOUNDER, DEEPENDER SINGH HOODA, M. B. RAJESH, SONA RAM CHOUDHARY, CHANDRA PRAKASH JOSHI

## GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY

## DEPARTMENT OF INDUSTRIAL POLICY & PROMOTION

## LOK SABHA

UNSTARRED QUESTION NO. 2747.

TO BE ANSWERED ON MONDAY, THE 12 TH  MARCH, 2018.

## INVESTMENT UNDER MAKE IN INDIA

## 2747.  SHRI RAMSINH RATHWA:

SHRI V. ELUMALAI:

SHRI DEEPENDER SINGH HOODA:

SHRI M.B. RAJESH:

COL. SONARAM CHOUDHARY:

SHRI CHANDRA PRAKASH JOSHI:

Will the Minister of COMMERCE AND INDUSTRY be pleased to state:

## वाणिज् यवव द्योग म त्री

- (a) whether the investments in various sectors have declined in the country during the last four years and the current year, if so, the details thereof and the reasons therefor;
- (b) the details of the number of investment summits held, Memoranda of Understanding (MoUs) signed, total investment made by foreign companies under the 'Make in India' (MII)  initiative  in  the  country  during  the  said  period,  company  and  sector-wise including manufacturing sector;
- (c) the  details  of  estimated  number  of  employments  likely  to  be  generated  by  the aforesaid investments under the MII during the said period; and
- (d) the  other  steps  taken  by  the  Government  to  boost  investments  including  foreign investment under MII in the country?

## ANSWER

## वाणिज् यवव द्योग म त्रालयमेंराज् यम त्री(श्री सी.आर.चौधरी) THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE & INDUSTRY (SHRI C.R. CHAUDHARY)

- (a): The total Foreign Direct Investment (FDI) received since Financial Year 201415  has  been  steadily  increasing  to  a  record  level  and  a  total  FDI  of  USD 208.99  billion  from  April  2014  to  December  2017  has  been  received.  The sector  wise  break  up  of  FDI  equity  inflow  received  during  April  2014  to December 2017 in top 10 sectors are enclosed in Annexure-I.
- (b) & (c): 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. The details regarding these and employment generated are not maintained centrally.
- (d): The  steps  taken  by  the  Government  to  boost  investments  including  foreign investment under Make in India initiative are placed at Annexure-II.

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ANNEXURE  REFERRED  TO  IN  REPLY  TO  PART  (a) OF  THE  LOK  SABHA UNSTARRED QUESTION NO. 2747 FOR ANSWER ON 12 TH  MARCH, 2018.

| Sector wise details of FDI equity inflow - Top 10 sector   | Sector wise details of FDI equity inflow - Top 10 sector                                                            | Sector wise details of FDI equity inflow - Top 10 sector   |
|------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------|
| (April, 2014 to December, 2017) (Amount in US $ Million)   | (April, 2014 to December, 2017) (Amount in US $ Million)                                                            | (April, 2014 to December, 2017) (Amount in US $ Million)   |
| Sl. No.                                                    | Sector                                                                                                              | FDI equity inflow                                          |
| 1                                                          | SERVICES SECTOR (Fin.,Banking,Insurance,Non Fin/Business,Outsourcing,R&D,Courier,Tech. Testing and Analysis, Other) | 24636.91                                                   |
| 2                                                          | COMPUTER SOFTWARE & HARDWARE                                                                                        | 17008.01                                                   |
| 3                                                          | TELECOMMUNICATIONS                                                                                                  | 15918.86                                                   |
| 4                                                          | TRADING                                                                                                             | 11185.38                                                   |
| 5                                                          | CONSTRUCTION (INFRASTRUCTURE) ACTIVITIES                                                                            | 9781.30                                                    |
| 6                                                          | AUTOMOBILE INDUSTRY                                                                                                 | 8601.03                                                    |
| 7                                                          | CHEMICALS (OTHER THAN FERTILIZERS)                                                                                  | 4762.06                                                    |
| 8                                                          | POWER                                                                                                               | 4066.75                                                    |
| 9                                                          | DRUGS & PHARMACEUTICALS                                                                                             | 3987.77                                                    |
| 10                                                         | HOTEL & TOURISM                                                                                                     | 3777.94                                                    |

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## ANNEXURE  REFERRED  TO  IN  REPLY  TO  PART  (d)  OF  THE  LOK  SABHA UNSTARRED QUESTION NO. 2747 FOR ANSWER ON 12 TH  MARCH, 2018.

## Steps taken under Make in India

## 1.  Foreign Direct Investment

FDI policy  and procedure  have  been  simplified and  liberalized  progressively.  Key  sectors that  have  been  opened  up  for  FDI  include  Defence  Manufacturing,  Food  Processing, Telecommunications,  Agriculture,  Pharmaceuticals,  Civil  Aviation,  Space,  Private  Security Agencies, Railways, Insurance and Pensions and Medical Devices.

## 2.  Ease of Doing Business

Steps taken to improve ease of doing business include simplification and rationalisation of existing  rules.    As  a  result  of  the  measures  taken  to  improve  the  country's  investment climate, India jumped a massive 30 places to 100th in World Bank's ease of doing business rankings  as  per  World  Bank  Group's  'Doing  Business  2018:  Reforming  to  Create  Jobs' report. This is driven by reforms in the areas of Starting a Business, Construction Permits, Getting  Credit,  Protecting  Minority  Investors,  Paying  Taxes,  Trading  across  Borders, Enforcing Contracts, and Resolving Insolvency.

## 3. Invest India

Invest India has been set up as a Joint Venture Company (Not for  Profit Company) between Department  of  Industrial  Policy  and  Promotion,  Ministry  of  Commerce  and  Industries, Government of India, Federation of Indian Chambers of Commerce & Industry (FICCI) and various  State  Governments.  Invest  India  is  the  National  Investment  Promotion  and Facilitation  Agency  of  India  and  acts  as  the  first  point  of  reference  for  investors  in  India. Invest  India  is  transforming  the  country's  investment  climate  by  simplifying  the  business environment for investors.

## 4.  IPR Policy

The Government has simplified the process of patent and trademark registration. Some of key amendments done in the Patent Rules and Trade Mark Rules:

- i) Patent  Rules,  2003  have  been  amended  and  notified  on  16.05.2016  to  simplify procedures for disposal of patent applications. The salient amendments include:

a)  For  the  first  time,  refund  of  fees  in  certain  cases  has  been  permitted,  as  also withdrawal of application being permitted without any fees.

b)  Timelines  have  been  imposed  to  ensure  speedy  disposal,  while  the  number  of admissible adjournments has been limited.

c)  Applications  can  be  transferred  electronically  from  any  of  the  Patent  Office branches to another, utilizing specialized technical manpower more efficiently.

- d) Expedited Examination is now permitted on certain grounds.
- e) Hearing through video conferencing has been permitted.
3. ii) The Government has notified the new Trade Mark Rules, 2017 on 6th March, 2017 to streamline and simplify the processing of trade mark applications. Some of the salient features of the new Trade Mark Rules, 2017 are as under:
- a)  Number of Trade Mark (TM) Forms has been reduced from 74 to 8.
- b)  To promote e-filing of trade mark applications, a 10% rebate is provided for e-filing of trade mark applications vis-à-vis physical filing.
- c)  Modalities  for  determination  and  maintenance  of  well-known  Trade  Marks  have been introduced.

d) The provisions relating to expedited processing of an application for registration of a trade mark have been extended right up to registration stage (hitherto, it was only up to examination stage).

e) Over all fees have been rationalized by reducing the number of entries in Schedule I from 88 to just 23.

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