it gives an idea about the challanges that have to face India to achieve the lomg term bebfits of Make In India campaign.

1. CHALLENGES ANDPROSPECTS

2. CONTENTS
1) Prospects
• Job creation
• Infrastructure development
• Skill development
• Foreign investment
• Demographic dividend
• High demand
• Stable economy
2) Challenges
• Low level infrastructure
• Labour laws
• Red tags
• Lack of modern technologies
• Corporate tax
• Competitions other nations
• Land laws

3. MAKE IN INDIA - Initiative
• Prime Minister Narendra Modi launched the Make in India programme on 25
September 2014.
• It focus on job creation in 25 sectors of the economy.
• The initiative hopes to attract capital and technological investment in India.
• The growth in manufacturing sector will be an accelerator for growth and
development of the nation.
• The current datas show that India is growing faster than any other developed
nation.

4. The 25 industries comes under make in
India

5. PROSPECTS
• As a part of the job creation government will take initiative to the skill enhancement
of the people.
• India has a strong culture that values education and knowledge thus we have a large
English speaking smart skilled workforce.
• India have a large number of young blood who are eligible for employment.
• India’s consumer diversity makes it the ideal test bed for all kinds of consumer goods
and we have a strong domestic consumption in every possible consumer segment.
• India is the only country in the world which offers the unique combination of
democracy, demography, and demand from a rising middle class.

6. PROSPECTS
• Aims at high quality standards and minimising the impact on the environment in
every industrial activities.
• Multi national companies can build their production units in India with relaxation
in procedures.
• The present situation in the Indian politics and economy is comparatively stable.
• 25 industrial sectors are open for foreign investment.

7. CHALLENGES
• India being ranked low on the ‘ease of doing business’ ranking by World Bank
• Increase in costs of production in India due to various government policies,
procedures, regulations and the way some of the laws are implemented.
• With demand in developed nations slowing, there simply may not be enough
customers for Indian-made goods, no matter how cheap.
• Markets for four critical inputs for manufacturing, or indeed any business - land,
labour, power and capital are badly distorted.

8. CHALLENGES
• LOW LEVEL INFRASTRUCTURE
• India is growing nation but we doesn’t have a strong infrastructure for
industrial development.
• India will have to face the competition from China and other nations
who promote industrial growth .
• LACK OF MODERN TECHNOLOGIES
• We are lacking to adopt the modern technologies due to capital deficiency.

9. CHALLENGES
• LABOUR LAWS
• Rigid labour laws
• Policies does not allow hire and fire labour policy
• We need high quality jobs
• LAND LAWS
• Acquisition costly as well as tedious.
• A land acquisition policy which would make acquisition much easier along with
an attractive compensation package.
• CORPORATE TAX
• Corporate tax in India is 33%, which is comparatively higher than other nations.

10. CHALLENGES
• RED TAGS
• The producer or the investor have to go many offices for the sanction of
their project.

11. What do we really want ?
Sustainability - Short, Medium & Long Term
Principle of Co-Existence with Nature
Innovations and Creativity
Gainful Productive Employment
Dignity of Labour & Equality
Self Reliance, Sovereignty & Leadership
Export Surplus Nation

12. THANK YOU
PRESENTED BY
GEORGI MATHEW VARUGHESE AND JACOB ZACHARIAH
ST. THOMAS COLLEGE, KOZHENCHERRTY, PATHNAMTHITTA