Lok Sabha Question No. 910 (UNSTARRED), answered on 2016-11-21
Subject: Make in India Programme
Ministry: COMMERCE AND INDUSTRY
Asked by: UDAY PRATAP SINGH, ABHISHEK SINGH, KOTHA PRABHAKAR REDDY, V. SATHYABAMA, KIRIT PREMJIBHAI SOLANKI, SUNIL KUMAR SINGH, ANIRUDHAN SAMPATH

## GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY DEPARTMENT OF INDUSTRIAL POLICY & PROMOTION

## LOK SABHA

## UNSTARRED QUESTION NO. 910.

TO BE ANSWERED ON MONDAY, THE 21 ST  NOVEMBER,  2016.

## MAKE IN INDIA PROGRAMME

## 910.   SHRI UDAY PRATAP SINGH:

SHRI ABHISHEK SINGH:

SHRI PRABHAKAR REDDY KOTHA:

SHRIMATI V. SATHYA BAMA:

DR. KIRIT P. SOLANKI:

SHRI SUNIL KUMAR SINGH:

DR. A. SAMPATH:

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

## वाणिज् यवव द्यग ं ्री

- (a) the details of the status of implementation of the 'Make in India' programme and the  strategy  adopted  by  the  Government  to  attract  investment  for  developing traditional and small scale industries under the programme;
- (b) the details of the domestic and multi-national companies which have invested or shown interest to invest in the country under the said programme along with the total domestic and foreign investment made so far, company-wise, sector-wise and the target fixed for the next three years;
- (c) whether  the  Government  has  identified  capital  starved  sectors  and  regions under this programme and if so, the details thereof along with the steps taken by the  Government  to  ensure  uniform  distribution  of  investment  under  the  said programme among different sectors of the economy and regions in the country;
- (d) the  likely  impact  of  GST  in  attracting  more  foreign  investment  under  'Make  in India' projects in the country; and
- (e) whether  the  Government  has  noticed  any  increase  in  export  due  to  the  said programme, and if so, the details thereof and if not, the reasons therefor?

## ANSWER

## वाणिज् यवव द्यग ााज् यं ्रीस् वतं ््रभााा(स्रींतंरीिरंमलााीरीतंाांि( THE MINISTER OF STATE (INDEPENDENT CHARGE) OF THE MINISTRY OF COMMERCE & INDUSTRY (SHRIMATI NIRMALA SITHARAMAN)

- (a) to (c): Make  in  India  (MII)  initiative  launched  globally  on  25.9.2014  aims  at promoting India as an important investment destination and a global hub for  manufacturing,  design  and  innovation.  For  focused  action,  25  thrust sectors  have  been  identified.  Out  of  these,  action  plan  of  21  sectors  (58 short term and 68 medium term action plans) in manufacturing,

infrastructure and service activities are being monitored through an online dashboard that was launched on 8.4.2016. This allows Ministries/ Departments to  update  progress  made  by  them  in  respect  of  short  term and medium term action points.

Further,  Government  has  put  in  place  an  enabling  and  highly  liberalized FDI policy, where except in a number of specified sectors, FDI up to 100%, under the automatic route is permitted. The government reviews FDI policy and makes significant changes from time to time with a view to making it more  investor  friendly  and  to  ensure  that  India  remains  increasingly attractive and investor-friendly. This policy equally applies to MSME sector engaged in developing traditional and small scale industries.

Data with regard to the domestic and multi-national companies which have invested  or  have  shown  interest  to  invest  in  the  country  under  the  MII initiative  is  not  centrally  maintained.  Further,  no  target  is  fixed  for  such investment  in  the  country.  However,  after  the  launch  of  MII    initiative  in September, 2014, there has been unprecedented increase in the FDI in the country. During the period starting from October, 2014 to September, 2016, total  FDI  equity  inflows  of  US$  77.86  bn.  was  recorded  as  against  US$ 48.57  bn.  received  during  the  preceding  24  months  with  an  increase  of 60%.

- (d): GST  legislation  is  one  of  the  most  significant  structural  reforms  in  the county. The GST law integrates a number of central and state taxes into one resulting in creation of entire country as a common economic market. This policy reform will provide ease of doing business in the country and will  act  as  a  great  catalyst  for  inviting  more  foreign  investment  in  the country including for 'Make in India' projects in the country.
- (e): Export  data  with  specific  reference  to  Make  in  India    initiative  is  not maintained.

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