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Tuesday, 16 Feb 2016
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Make in India needs Infrastructure support

 

Launched in 2014, 'Make in India' is a national programme designed to facilitate investment, foster innovation, enhance skill development and build best-in-class manufacturing infrastructure. To this end, the Government of India has undertaken several reform initiatives to create an enabling environment for manufacturing, design, innovation and start-ups.

 

Make-In-India

 

The purpose of the 'Make in India' campaign is to (a) inspire confidence in India's capabilities amongst potential partners abroad, the Indian business community and citizens at large; (b) provide a framework for a vast amount of technical information on 25 industry sectors; and (c) reach out to a vast local and global audience via social media and constantly keep them updated about opportunities, reforms, etc.

 

Given the economic slowdown persisting in developed economies, many of the MNCs have evinced interest in Government of India's Make in India initiative. The infrastructure gaps and slow and lengthy clearance processes are dithering them from committing huge investments.

 

The 'Make in India Week' showcasing the potential of design, innovation and sustainability across India's manufacturing sectors in the coming decade aims to provide a platform for industry leaders, policymakers and key players to discuss the impact of the 'Make in India' programme.

 

The weekly conference aims to focus on the following industries as key players in the manufacturing sector in the future:

 

 

 

  1. Aerospace & Defence
  2. Automobiles & Automobile Components
  3. Chemicals & Petrochemicals
  4. Construction Equipment, Materials & Technology
  5. Food Processing
  6. Infrastructure Development
  7. IT & Electronics
  8. Industrial Equipment & Machinery
  9. Micro, Small & Medium Enterprises
  10. Pharmaceuticals
  11. Textiles

 

 

Recent developments in the Indian manufacturing industry

 

Switzerland-headquartered Ferring Pharma has proposed to invest between $100 and $250 million in setting up a facility in the upcoming Pharma City on the outskirts of Hyderabad. The company has assured 'Zero discharge' with complete treatment facilities within the premises.

 

GACL-NALCO Alkalies & Chemicals received environment clearance for its caustic soda project with a capacity of 2,92,000 tpa at Dahej in Bharuch district of Gujarat.

 

Bharat Petroleum Corporation (BPCL) has selected Air Liquide Global E&C Solutions, the engineering and construction unit of French firm Air Liquide group, for supplying Lurgi / Nippon Kayaku ester grade acrylic acid technology for its propylene derivatives petrochemical project (PDPP) in Kochi, Kerala.

 

Caparo Group is planning to get into new ventures in the US and also expand its India presence with a new automotive components plant.

 

Bharat Heavy Electricals has won a Rs 3,500 crore order from NTPC for supply of power equipment. As per the deal, BHEL will set up 2x800 MW steam generator (SG) island package at Telangana Super Thermal Power Project.

 

Toshiba Transmission & Distribution Systems (India) (TTDI), a wholly owned subsidiary of Toshiba Corporation Japan, will invest an additional Rs 200 crore on its Hyderabad factory by 2017 as part of plans to develop the facility as a global manufacturing hub.

 

DataWind Innovations is in the process of setting up a manufacturing facility in Hyderabad with an investment to the tune of Rs 100 crore. The unit will have the capacity to churn out two million units of smartphones, tablets and netbooks per year.

 

Work on the polyester texturised yarn unit of Bhilosa Industries with a capacity of 1,200 tpd at Naroli, Silvassa in Dadra & Nagar Haveli, is expected to commence by March 2016.

 

Work on the Phase-II of the cotton yarn unit of Sintex Industries with a capacity of 3,20,000 spindles at Pipaliya in Rajkot district of Gujarat. is underway.

For more news on Make in India: Maharashtra signs 3 MoUs on day one of Make in India Week

Quote of the week:

  Nitin-Gadkari
"We have to work on zero defect. If that is not achieved we can’t make an impact in the global market"  

- Narendra Modi, Prime Minister, India
 
 
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