Date = 13th february,2025

MAKE IN INDIA
INITATIVE AND
INDIA FOREIGN
TRADE POLICY
JAY MEHTA
 MEMBERS:
Manan Trivedi
Arya Mehta
Jay Mehta
Neev Shukdia
Nitya Patel
Bhagirath Gohil
Harshil Umrao
Jay Kalsariya
Riyaan Chhatriwala
SiddrajSingh Wala
 MAKE IN INDIA INITATIVE
'Come, Make in India'! PM Modi's aggressive
push to revive an ailing manufacturing
sector, has found resonance with India Inc.
Single-window clearances, minimal
procedures & cutting out of any red-tapism -
PM Modi sees Make in India as a vital impetus
for employment & growth
 MAKE IN INDIA INITIATIVE
‘Make in India’ initiative was launched globally in September 2014 as a
part of India’s renewed focus on Manufacturing. The objective of the
Initiative is to promote India as the most preferred global
manufacturing destination
 MAKE IN INDIA INITIATIVE

MAKE IN INDIA HAS ALREADY CREATED A STRONG IMPACT IN FORM OF IMPROVED

BUSINESS ENVIRONMENT AND ECONOMIC GROWTH, AS FOLLOWS:

•INDIA IS NOW 1ST AMONGST THE WORLD’S MOST ATTRACTIVE INVESTMENT DESTINATIONS
•1ST AMONGST WORLD’S FASTEST GROWING ECONOMIES
•1ST AMONG 100 COUNTRIES ON THE GROWTH, INNOVATION, AND LEADERSHIP INDEX
•1ST AMONGST 110 INVESTMENT DESTINATIONS POLLED GLOBALLY
•7TH MOST VALUED NATIONAL BRAND IN THE WORLD
•INDIA’S RANK JUMPED 12 POSITIONS IN EASE OF DOING BUSINESS 2016 LIST BY WORLD BANK
•INDIA MOVED 16 PLACES IN THE GLOBAL COMPETITIVENESS INDEX 2015-16
 MAKE IN INDIA INITIATIVE
Since the launch of this landmark initiative, the Government of India has taken several reform initiatives to create
an enabling environment for providing an impetus to manufacturing, design, innovation and startups. India has
emerged as the fastest growing economy globally. India’s rate of growth of 7.5% is accelerating and it remains an
oasis of growth in the midst of a subdued economic landscape across the world. The Hon’ble Prime Minister has
given impetus to growth with several innovative initiatives such as “Make in India”, “Digital India”, “100 Smart
Cities” and “Skill India”.

The Make in India initiative aims to make India an integral part of the global supply chain. It is about making
Indian companies excel in a globalized workspace. India has vigorously opened up its economy – Defence,
Railways, Construction, Insurance, Pension Funds, Medical Devices have all been rapidly opened up for Foreign
Direct Investment. India today is one of the most open economies of the world. In order to achieve this, the
Government of India has taken up a series of measures to radically improve Ease of Doing Business. Its objective
– make the regulatory environment easy and simple for business to flourish. It has effectively used technology
to converge and integrate departments. 14 services are integrated with eBiz portal which will function as a
single window portal for obtaining clearances from various government agencies.
 SOME SOURCES OF
MAKE IN INDIA
MINISTRY OF RAILWAYS SIGNED FORMAL AGREEMENTS
WITH GLOBAL GIANTS ALSTOMBSE -0.56 % AND GE
TRANSPORT TO SET UP LOCOMOTIVE MANUFACTURING
FACTORIES IN MADHEPURA AND MARHAURA IN BIHAR.
ELECTRONICS: •FOXCONN ANNOUNCES 10-12 FACILITIES IN
INDIA •OPPO, ZTE, PHICOMM INVEST IN INDIA •ONE PLUS,
ASUS ANNOUNCES MOBILE MANUFACTURING
AUTOMOBILES •MERCEDES BENZ INVEST AGGRESSIVELY IN
INDIA •BMW INCREASES 50% LOCALIZATION •VOLVO, FORD
IN WITH R&D FACILITY
DEFENCE •HYUNDAI TO BUILD WARSHIPS •SUN GROUP TO
BUILD RUSSIAN HELICOPTERS •RELIANCE AND
INTERNATIONAL PARTNERS TO BUILD NUCLEAR
SUBMARINES AND STEALTH WARSHIPS
EVENTS ORGANIZED BY INDIA GOVERMENT FOR
MAKE IN INDIA INITIATIVE

THE CLARION CALL “COME MAKE IN INDIA” HAS

TRANSFORMED INTO AN EFFECTIVE STRATEGY AND HAS
BECOME A HUGE SUCCESS IN CREATING A BUZZ
GLOBALLY. IN ORDER TO PROVIDE GREATER MOMENTUM
TO THE ‘MAKE IN INDIA’ INITIATIVE, GOVERNMENT OF
INDIA IS ORGANIZING A LANDMARK EVENT CALLED THE
“MAKE IN INDIA WEEK” IN MUMBAI ON FEBRUARY 13 –
18, 2016. THE WEEK-LONG EVENT WILL BE INAUGURATED
BY THE PRIME MINISTER OF INDIA.

AVIATION •AIRBUS TO INCREASE ITS EXPORTS

FROM INDIA UPTO $ 2 BN USD •PRATT &
WHITNEY EVINCED INTEREST TO MAKAE IN INDIA
 HIGHLITHES OF MAKE IN INDIA
A. MAKE IN INDIA CENTER: THIS WILL BE THE PLATFORM
FOR EXHIBITING INNOVATIVE PRODUCTS AND
MANUFACTURING PROCESSES DEVELOPED IN INDIA ALONG
WITH A VISION TO LEVERAGE DESIGN, INNOVATION AND
TECHNOLOGY IN THE BACKDROP OF GLOBAL
MANUFACTURING.
B. CNN-ASIA BUSINESS FORUM: WOULD COMPRISE OF A
SERIES OF SEMINARS, CXO MEETS AND ROUND-TABLES
AND NETWORKING EVENTS ON ECONOMIC CHALLENGES,
INVESTMENT OPPORTUNITIES ETC. THE EVENT WOULD
FEATURE GLOBAL VISIONARIES, AND LEADERS FROM THE
FIELDS OF FINANCE, INDUSTRY AND DESIGN
C. URBAN PLANNING SEMINAR ON RE-IMAGINING MUMBAI:
THIS SESSION WOULD FOCUS ON NEW IMPETUS FOR A
SMARTER E-ENABLED MUMBAI COLLABORATING WITH THE
BEST-INCLASS TECHNOLOGY PARTNERS.
 MAKE IN INDIA INITIATIVE

D. HACKATHON: A 24-HOUR MARATHON EVENT WHERE

CODERS, ENGINEERS, AND DESIGNERS COLLABORATE
INTENSIVELY FOR 24 HOURS TO COME UP WITH IDEAS TO
SOLVE URBAN DESIGN PROBLEMS.
E. TIME INDIA AWARDS: RECOGNIZING EXCELLENCE IN THE WORLD OF
MANUFACTURING. THE MEGA EVENT WILL OFFER FOREIGN INVESTORS AND
BUSINESSES UNPRECEDENTED ACCESS, INSIGHTS AND OPPORTUNITIES TO
SHOWCASE, CONNECT AND COLLABORATE WITH YOUNG INDIAN ENTREPRENEURS,
INDUSTRY LEADERS, ACADEMICIANS, AND GOVERNMENT OFFICIALS AT THE
CENTRAL AND STATE LEVELS
INDIA FOREIGN TRADE
POLICY
 INTRODUCTION
FOREIGN TRADE POLICY (FTP) REFERS TO THE SET OF GUIDELINES AND
REGULATIONS ESTABLISHED BY A GOVERNMENT TO MANAGE ITS
INTERNATIONAL TRADE, INCLUDING THE IMPORT AND EXPORT OF GOODS AND
SERVICES. THESE POLICIES AIM TO FACILITATE TRADE, BOOST EXPORTS, ENSURE
BALANCE OF PAYMENTS STABILITY, AND PROMOTE THE COUNTRY'S ECONOMIC
INTERESTS IN THE GLOBAL MARKET.
 COUNTRY INCLUDES FOREIGN
TRADE POLICY

EXPORT PROMOTION: POLICIES ENCOURAGING THE EXPORT OF GOODS

AND SERVICES, INCLUDING SUBSIDIES, TAX EXEMPTIONS, AND SPECIAL
ZONES (LIKE SPECIAL ECONOMIC ZONES OR FREE TRADE ZONES).
IMPORT REGULATIONS: RULES AND TARIFFS FOR IMPORTS TO CONTROL
FOREIGN GOODS ENTERING THE DOMESTIC MARKET, PROTECT LOCAL
INDUSTRIES, OR MANAGE CURRENCY OUTFLOWS.
INCENTIVE PROGRAMS: SCHEMES LIKE EXPORT CREDIT, DUTY
DRAWBACKS, AND REBATES TO INCENTIVIZE BUSINESSES TO
EXPORT.
 FOREIGN TRADE POLICY
TARIFFS AND DUTIES: IMPORT AND EXPORT
DUTIES IMPOSED BY GOVERNMENTS TO
REGULATE TRADE FLOWS AND PROTECT
DOMESTIC INDUSTRIES FROM UNFAIR
COMPETITION

TRADE AGREEMENTS: AGREEMENTS

WITH OTHER COUNTRIES OR
ECONOMIC BLOCS TO EASE TRADE
BARRIERS, REDUCE TARIFFS, OR
EXPAND MARKET ACCESS
 CUSTOMS PROCEDURES: REGULATIONS
GOVERNING THE FLOW OF GOODS ACROSS
BORDERS, ENSURING PROPER
DOCUMENTATION, CLASSIFICATION, AND
COMPLIANCE WITH LAWS.

EXCHANGE RATE POLICIES: IN SOME CASES,

FTP ALSO INTERACTS WITH CURRENCY
EXCHANGE POLICIES TO CONTROL
FLUCTUATIONS IN THE VALUE OF THE
CURRENCY, WHICH AFFECTS TRADE
COMPETITIVENESS.
INDIA'S FOREIGN TRADE POLICY (INDIA FTP):
 INDIA FOREIGN TRADE POLICY

INDIA'S FOREIGN TRADE POLICY, WHICH IS REGULARLY

UPDATED, GOVERNS THE COUNTRY’S INTERNATIONAL
TRADE, AIMING TO INCREASE EXPORTS AND MAKE THEM
MORE COMPETITIVE. SOME ELEMENTS OF INDIA’S FTP
INCLUDE:
 ELEMENTS OF INDIA FOREIGN
TRADE POLICY

MERCHANDISE EXPORTS FROM INDIA SCHEME

(MEIS): PROVIDES INCENTIVES FOR THE
EXPORT OF CERTAIN GOODS.

SERVICES EXPORTS FROM INDIA SCHEME (SEIS):

SIMILAR TO MEIS, BUT FOCUSED ON
ENCOURAGING THE EXPORT OF SERVICES.
SPECIAL ECONOMIC ZONES (SEZS): AREAS
DESIGNATED FOR EXPORT-ORIENTED
BUSINESSES WITH TAX EXEMPTIONS AND
OTHER BENEFITS
TRADE AGREEMENTS AND
PARTNERSHIPS: INDIA HAS
BILATERAL AND MULTILATERAL
TRADE AGREEMENTS TO
IMPROVE MARKET ACCESS
GLOBALLY
 CONCLUSION

FTP POLICIES ARE OFTEN REVISED PERIODICALLY TO

ADAPT TO CHANGING GLOBAL TRADE DYNAMICS AND
NATIONAL INTERESTS. THESE REVISIONS ARE
DESIGNED TO ADDRESS BOTH CURRENT CHALLENGES
(SUCH AS TRADE IMBALANCES OR BARRIERS) AND
FUTURE GOALS (LIKE DIGITAL TRADE OR
SUSTAINABILITY).
THANK YOU