Lok Sabha Question No. 4839 (UNSTARRED), answered on 2018-03-26
Subject: Global Manufacturing Index
Ministry: COMMERCE AND INDUSTRY
Asked by: J. JAYASINGH THIYAGARAJ NATTERJEE

## GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY

## DEPARTMENT OF INDUSTRIAL POLICY & PROMOTION

## LOK SABHA

UNSTARRED QUESTION NO. 4839. TO BE ANSWERED ON MONDAY, THE 26 TH  MARCH, 2018.

## GLOBAL MANUFACTURING INDEX

## 4839.  SHRI J.J.T. NATTERJEE:

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

## वाणिज् यवव द्योग म त्री

- (a) whether the World Economic Forum (WEF) has ranked India at 30 th position on its Global Manufacturing Index (GMI) recently, if so, the details thereof;
- (b) whether the WEF analysed development of modern industrial strategies and urges collaborative action, if so, the details thereof;
- (c) whether WEF has categorized countries into four groups viz. Leading (Strong, current base, high level of readiness for future), High Potential (limited current base, high potential for future), legacy (strong current base, at risk for future) or nascent (limited current base, low level of readiness for future), if so, the details thereof; and
- (d) the steps taken by the Government to improve its ranking on the GMI?

## 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 World Economic Forum (WEF) has released the Readiness for the Future of  Production  Report,  2018  on  12 th January,  2018.  The  assessment  in  the report  is  based  on  two  main  components:  Structure  of  Production,  or  a country's current baseline of production, and Drivers of Production, or the key enablers that position a country to capitalize on  the Fourth Industrial Revolution  to  transform  production  systems.  India's  score  on  Structure  of Production  scale  is  5.99  and  is  ranked  30 th ,  while  on  Drivers  of  Production scale India's score is 5.24 and is ranked 44 th .
- (b): As per the report, readiness for the future of production requires global and regional, not just national, solutions. Further, new and innovative approaches to public-private collaboration are needed to accelerate transformation.
- (c): WEF  has  categorised  countries  into  four  groups-Leading,  Legacy,  HighPotential and Nascent countries-based on their weighted Structure of Production  and  Drivers  of  Production  scores.  Of  the  100  countries  and economies included in  the  assessment,  there  are  25  Leading  countries,  10 Legacy  countries,  7  High-Potential  countries/economies  and  58  Nascent countries.
- (d): Government is continuously taking steps to boost growth in the manufacturing sector which inter alia, includes putting in place a policy framework to create conducive  business  environment,  strengthening  infrastructure  network  and ensuring availability of required inputs. Make in India initiative aims to make in India a hub for manufacturing, design and innovation. It focuses on infrastructure, simplified processes, job creation, skill  development  and fostering  innovation  in  select  thrust  sectors.  This  initiative  is  based  on  four pillars of New Processes, New Infrastructure, New Sectors and New Mindset, which have been identified to give boost not only in manufacturing but also in other  sectors.  Foreign  Direct  Investment  (FDI)  policy  and  procedures  have been simplified and liberalised progressively. The Government has also taken up a series of measures to improve Ease of Doing Business. The emphasis has  been  on  simplification  and  rationalization  of  the  existing  rules  and introduction of information technology to make governance more efficient and effective.

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