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Suggestions Invited for Formulation of a New Industrial Policy

Start Date :
Aug 31, 2017
Last Date :
Sep 26, 2017
00:00 AM IST (GMT +5.30 Hrs)
Submission Closed

The Department of Industrial Policy and Promotion, Ministry of Commerce and Industry initiated the process of formulation of a new Industrial Policy in May 2017. Since the last ...

The Department of Industrial Policy and Promotion, Ministry of Commerce and Industry initiated the process of formulation of a new Industrial Policy in May 2017. Since the last Industrial Policy announced in 1991, India has transformed into one of the fastest growing economies in the world. With strong macro-economic fundamentals and several path breaking reforms in the last three years, India is equipped to deploy a different set of ideas and strategies to build a globally competitive Indian industry. The new Industrial Policy will subsume the National Manufacturing Policy.

A consultative approach has been taken for industrial policy formulation wherein six thematic focus groups and an online survey on DIPP website have been used to obtain inputs. Focus groups, with members from government departments, industry associations, academia, and think tanks have been setup to delve deep into challenges faced by the industry in specific areas. The six thematic areas include Manufacturing and MSME; Technology and Innovation; Ease of Doing Business; Infrastructure, Investment, Trade and Fiscal policy; and Skills and employability for the future. A Task Force on Artificial Intelligence for India’s Economic Transformation has also been constituted which will provide inputs for the policy.

It is proposed that the new Industrial Policy will aim at making India a manufacturing hub by promoting ‘Make in India’. It will also suitably incorporate the use of modern smart technologies such as IOT, artificial intelligence and robotics for advanced manufacturing.

Hon’ble Minister of State(i/c) for Commerce & Industry Smt Nirmala Sitharaman will hold consultations with stakeholders, including industry captains, think tanks and State governments in Chennai, Guwahati and Mumbai. The Industrial Policy is likely to be announced in October 2017.

DIPP invites comments, feedback, suggestions from the public regarding framing of the new Policy.

The last date of submission of suggestions is 25th September, 2017.

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Showing 560 Submission(s)
HARISH_445
HARISH_445 8 years 9 months ago
Providing all facilities to INDIAN manufacturers & new factories..... Giving them TAX HOLIDAYS, LOANS AT CHEAPER RATE OF INTEREST .... imposing MORE EXCISE DUTY & OTHER TAXES on CHINESE PRODUCTS...... these are the INITIAL STEPS to boost EMPLOYMENT & MAKE IN INDIA.... I have a detailed plan to implement to get complete results..... If you wish.... I am waiting to do this GREAT JOB to my country.... I will be waiting for your reply.....
vijay patankar
vijay patankar 8 years 9 months ago
Hello everyone, I have a couple of suggestions that I want to share. First, there should be transparency. This will reduce the red tape and corruption. Second, in construction domain there is a global mantra 'safety', safety, safety'. If India is to make significant progress in manufacturing under the 'Make India' movement, then 'quality' will have to be its one of the guiding mantras. Japan's success after post world-war II was entirely driven by the Total Quality Management (TQM).
Goparaju Purna Sudhakar
Goparaju Purna Sudhakar 8 years 9 months ago
Important Steps involved in Industrial Policy: i)Do Global Industrial Analysis: Identify the sectors growing in the world ii)Identify the market share of India in those sectors iii)Calculate market size and growth rates for all the sectors both globally and in India iv)Invest & Promote investments in the sectors having high growth rates initially v)As you are providing, provide single window approval system for startups in high growth rate sectors;Let us not underestimate SMEs. -DrGPS
Rushabh N Jain
Rushabh N Jain 8 years 9 months ago
My view regarding Industrial Policy will be JV program from Government by giving initial support via Land and Finance.And giving micro finance so that the Young Talent/Startups will get a platform to survive in the market.I have Innovative works through which it will lead to Increase Job opportunities and will help to Reduce Carbon Foot print,Clean station with amenities and Swach bharat abhiyan.Please do help me and give me an opportunity for representing my work.Waiting for ur valueble reply.
Ritesh Agarwal
Ritesh Agarwal 8 years 9 months ago
For make in India, companies shall be given excise duty exemption or any other tax benefits for their products based on the percentage of local parts or raw materials used in manufacturing those products. Meaning a product with 100% Indian make raw material attracts maximum exemption from tax and so on. This will incentivise manufacturers to localise as much as sub assemblies or raw materials possible, boost up small scale industries. Products such as airbags, mobile phones should be priorit
Kathiriya Harshil Bharatbhai
Kathiriya Harshil Bharatbhai 8 years 9 months ago
Dear sir, As per my view, promote to establishment of small industry in which most of work done by worker or more workers needed and not by machine. Due to that the more employment will increase.
Abhijit Dutta_3
Abhijit Dutta_3 8 years 9 months ago
If Indian PM/Government give me a chance to do something my motherland then i have beautiful planning , which give 5cr. Indian in 1st fase . i request to Honorable PM please give me chance. Thank you
Amar J
Amar J 8 years 9 months ago
Complete privatization of all PSUs. Ban trade unions. No minimum wages. Hire and fire at will. Real free market economics. No job reservation quotas. Zero fiddling and input by government. Complete freedom for automation. Low taxation and zero exemption. The world number 1 free market industrial policy mankind has ever seen. No corporate social responsibility. Guaranteed non intervention by the state and judiciary. No mandatory sourcing from India, free to source from any part of the world.