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Growth in Manufacturing Sector

Dated:- 20-3-2015 - The Government is continuously taking measures including inter alia administrative and regulatory measures to accelerate the growth of manufacturing sector in the country. For the creation of conducive business environment, the Government is constantly simplifying and rationalizing the processes and procedures for boosting investor sentiment, simplifying the Foreign Direct Investment (FDI) policy and correcting the inverted duty structure. Some of the recent initiatives towar .....

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ting FDI in medical devices from sectoral restrictions of pharmaceuticals and raising permissible FDI in insurance from 26% to 49%. Further, inter alia, the Government has launched the e-biz Mission Mode Project under the National e-Governance Plan, and 14 Central Services spanning a number of Ministries and Departments are now integrated in the e-Biz portal. Besides, the Government is implementing the Delhi Mumbai Industrial Corridor (DMIC) project. In addition, the Government has conceptualize .....

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ors has been put up on Make in India s web portal (http://www.makeinindia.com) along with details of FDI Policy, National Manufacturing Policy, Intellectual Property Rights and the envisaged National Industrial Corridors including the Delhi Mumbai Industrial Corridor (DMIC). An Investor Facilitation Cell in Invest India has been created to assist, guide and handhold investors during the various phases of business life cycle under the Make in India initiative with provision of back end support up .....

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