Make in India: How PM Modi's ambitious plan will make India a manufacturing superpower

PM Narendra Modi launched ‘Make in India' on September 25, 2014. The ambitious initiative seeks to make India a manufacturing superpower. ET looks at the key elements.

25 Thrust Sectors: Government has identified 25 sectors where India can become world leader. These include automobiles, chemicals, IT, pharma, textiles, ports, aviation, leather Tourism and hospitality, wellness, and railways are others. The documents will provide growth drivers, investment opportunities, sector-specific FDI, other policies & related agencies.

Single Point Interaction For Investors: Invest India will be fi rst reference point to guide foreign investors It will provide help on regulatory and policy issues and assist in obtaining regulatory clearances

www.makeinindia.com: Follow Up Action Visitors registered on the website or raising queries will be followed up with relevant information and newsletter Global Launch Make in India will be launched at national and state levels and missions abroad will take it forward

Domestic Focus: Government will identify select domestic cos having leadership in innovation & new technology The idea is to turn these into global champions To promote green and advanced manufacturing & help these cos to integrate into global value chain

Regulatory Regime Overhaul: Review of all regulatory processes to make them simple and reduce compliance

Who And Where: The portal will track visitors for their geographical location, interest & real time user behaviour. Subsequent visits will be customised for the visitor based on this information.

Proactive Approach: Investor facilitation cell to assist foreign investors from the time of their arrival in the country to the time of their departure The cell will also woo top companies across sectors in identified countries.

All Stakeholders On Board: State governments, business chambers, prominent corporates and foreign companies part of the launch.