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Six industrial corridors are being developed under Make in India initiative

New Delhi: The ‘Make in India’ initiative was launched in 2014 with the objective of promoting India as an important investment destination and a global hub in manufacturing, design and innovation. This initiative aims to create a conducive environment for investment, development of modern and efficient infrastructure, opening up new sectors for foreign investment and forging a partnership between Government and industry through a positive mindset. Some of the major achievements under Make in India initiative are:

 

•   Six industrial corridors are being developed across various regions of the country. Industrial cities will also come up along these corridors.

•   India has become a net exporter of electricity - 7203 MU exported to Nepal, Bangladesh and Myanmar during 2017-18.

•   One of the world’s largest 648-MW solar power plant in Tamil Nadu was commissioned on September 21, 2016.

•   Two path-breaking prototype locomotives of WAGC3 & WAG11 class of 10,000 and 12,000 hp respectively were developed indigenously by converting existing diesel locomotive to upgraded electric locomotive.

•   Asia’s largest MedTech Zone (AMTZ) has been set up in Andhra Pradesh.

•   88 cold chain projects were commissioned from June 2014 to August 2018, thereby, creating additional food processing capacity of 3.9 lakh tones.

•   Three textile mega clusters in Bareilly, Lucknow and Kutch are being set up, thereby benefitting 14505 artisans.

•   Major ports in India have added capacity of 92.19 MTPA during FY 2017-18. Total turnaround time at these ports has reduced by 33% from 96 hrs in FY 2014-15 to 64.32 hrs in FY 2017-18.

Initially under Make in India initiative action plans for 25 sectors had been prepared and which after the review is now focused on 27 sectors. Department of Industrial Policy & Promotion coordinates action plans for 15 manufacturing sectors while Department of Commerce coordinates 12 service sectors.

 Investment promotion activities after the launch of Make in India initiative are being undertaken by several Central Government Ministries, Departments and various State Governments from time to time.

 RBI Regional Office-wise (one regional office may cover one or more states) FDI equity inflow reported in the country from April 2015 to March 2018 is as follows:

 

(Amount in USD Million)

Sr. No.

Regional Offices of RBI

States Covered

2015-16

2016-17

2017-18

Total

Apr-Mar

Apr-Mar

Apr-Mar

1

Hyderabad

Andhra Pradesh

1,556.18

2,195.12

1,246.19

4,997.50

2

Guwahati

Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Tripura

10.27

2.23

12.65

25.15

3

Patna

Bihar, Jharkhand

42.71

10.22

9.94

62.88

4

Ahmedabad

Gujarat

2,243.55

3,366.81

2,091.01

7,701.37

5

Jammu

Jammu & Kashmir

1.7

0.23

0

1.93

6

Bangalore

Karnataka

4,121.29

2,132.17

8,575.38

14,828.84

7

Kochi

Kerala, Lakshadweep

89.96

454.39

208.3

752.65

8

Bhopal

Madhya Pradesh, Chattisgarh

80.02

76.1

28.16

184.27

9

Mumbai

Maharashtra, Dadra & Nagar Haveli, Daman & Diu

9,511.05

19,654.06

13,422.99

42,588.11

10

Bhubaneshwar

Orissa

5.62

12.37

64.97

82.96

11

Jaipur

Rajasthan

50.49

165.42

116.74

332.66

12

Chennai

Tamil Nadu, Pondicherry

4,527.83

2,218.02

3,474.77

10,220.62

13

Kanpur

Uttar Pradesh, Uttranchal

80.22

7.52

89.73

177.47

14

Kolkata

West Bengal, Sikkim, Andaman & Nicobar Islands

955.34

49.52

217.83

1,222.69

15

Chandigarh

Chandigarh, Punjab, Haryana, Himachal Pradesh

27.4

5.84

108.08

141.33

16

New Delhi

Delhi, Part Of Up And Haryana

12,743.15

5,883.82

7,655.52

26,282.49

17

Panaji

Goa

18.2

82.84

43.38

144.42

18

Region Not Indicated

Region Not Indicated

3,935.99

7,161.59

7,491.11

18,588.69

 

 

Grand Total

40,000.98

43,478.27

44,856.75

1,28,336.01

Source: Foreign Direct Investment - Data Cell, DIPP

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