Lok Sabha Question No. 431 (UNSTARRED), answered on 2021-02-03
Subject: Make in India
Ministry: COMMERCE AND INDUSTRY
Asked by: Shashi Tharoor

## GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY DEPARTMENT FOR PROMOTION OF INDUSTRY AND INTERNAL TRADE

## LOK SABHA

## UNSTARRED QUESTION NO. 431. TO BE ANSWERED ON WEDNESDAY, THE 3RD FEBRUARY, 2021.

## MAKE IN INDIA

## 431.   DR. SHASHI THAROOR:

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

## वाणिज्य एवं उद्योग मंत्री

- (a) whether  the  policy  'Make  in  India'  launched  in  2014  which  aimed  to encourage companies in 25 sectors to manufacture their  products in India and  enthuse  them  with  dedicated  investments  into  manufacturing,  has delivered in terms of gaining in the exports market vis-a-vis the rest of the world;
- (b)         if so, the details thereof, State/UT-wise;
- (c)         if not, the reasons therefor, State/UT-wise;
- (d)        whether  there  are  any  significant  steps  undertaken,  especially  since  the onset  of  COVID-19,  to  reduce  India's  dependence  on  imports  and  push domestic production by Indian companies that are still keen to import instead of showing an export-oriented growth; and
- (e)       if so, the details thereof and if not, the reasons therefor?

## ANSWER

## वाणिज् यवव द्योग म त्रालयमेंराज् यम त्रर(श्रर सोमप्रकाश) THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE & INDUSTRY (SHRI SOM PARKASH)

(a)to(c)  :     'Make  in  India'  is  an  initiative  which  was  launched  on  September  25, 2014,  to  facilitate  investment,  foster  innovation,  building  best  in  class infrastructure,  and  making  India  a  hub for manufacturing,  design,  and innovation. The development of a robust manufacturing sector continues to be a key priority of the Indian Government. It was one of the first  'Vocal for Local' initiatives that exposed India's manufacturing domain  to  the  world.  The  sector  has  the  potential  to  not  only  take economic growth to a higher trajectory but also to provide employment to a large pool of our young labour force.

Make in India initiative has made significant achievements and presently focuses  on  27  sectors under  Make  in  India  2.0. Department  for Promotion of Industry and Internal Trade is coordinating action plans for manufacturing  sectors,  while  Department  of  Commerce  is  coordinating service sectors.

The Government of India is making continuous efforts under Investment Facilitation  for  implementation  of  Make  in  India  action  plans  to  identify potential investors. Support is being provided to Indian Missions abroad and State Governments for organising events, summits, road-shows and other promotional activities to attract investment in the country under the Make in India banner. Investment Outreach activities are being carried out  for  enhancing  International  co-operation  for  promoting  FDI  and improve Ease of Doing Business in the country.

India  has  registered  its  highest  ever  annual  FDI  Inflow  of  US  $74.39 billion  (provisional  figure)  during  the  last  financial  year  2019-20  as compared to  US  $  45.15  billion  in  2014-2015.  In  the  last  six  financial years (2014-20), India has received FDI inflow worth US$ 358.30 billion which is 53 percent of the FDI reported in the last 20 years (US$ 681.87 billion).

Steps  taken  to  improve  Ease  of  Doing  Business  include  simplification and  rationalisation  of  existing  processes.  As  a  result  of  the  measures taken to improve the country's investment climate, India jumped to 63 rd place  in  World  Bank's  Ease  of  Doing  Business  ranking  as  per  World Bank's Doing Business Report (DBR) 2020. This is driven by reforms in the areas of Starting a Business, Paying Taxes, Trading Across Borders, and Resolving Insolvency.

The State/ UT-wise details regarding manufacturing are not maintained centrally.

- (d)&(e):  Recently, Government has taken various steps in addition to ongoing schemes  to  boost  domestic  and  foreign  investments  in  India.  These include  the  National  Infrastructure  Pipeline,  Reduction  in  Corporate Tax, easing liquidity problems of NBFCs and Banks, policy measures to boost domestic manufacturing. Government of India has also promoted domestic  manufacturing  of  goods  through  public  procurement  orders, Phased  Manufacturing  Programme  (PMP),  Schemes  for  Production Linked Incentives of various Ministries.

Further,  with  a  view  to  support,  facilitate  and  provide  investor  friendly ecosystem  to  investors  investing  in  India,  the  Union  Cabinet  on  03rd June,  2020  has  approved  constitution  of  an  Empowered  Group  of Secretaries  (EGoS),  and  also  Project  Development  Cells  (PDCs)  in  all concerned Ministries/ Departments to fast-track investments in coordination between the Central Government and State Governments, and thereby grow the pipeline of investible projects in India to increase domestic investments and FDI inflow.

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