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Construction : Event | March 2016 | Source : Infrastructure Today

Make in India Exhibition extravaganza

The first Make In India Week was held in Mumbai and was the biggest ever show of the country´s manufacturing prowess.

With a business commitment of Rs.15.20 lakh crore in investments, the Make In India Week in Mumbai was the biggest and grandest event of its kind in India. ¨It has been a phenomenal hit. It has successfully brought manufacturing, design and innovation to the centre-stage¨ Amitabh Kant, Secretary, Department of Industrial Policy & Promotion, said.

Maharashtra Chief Minister Devendra Fadnavis said his state was successful in attracting investments worth Rs.8 lakh crore across sectors. He said a task force is being set up, headed by the state´s Industry Minister to ensure that MoUs signed are translated into actual investments.

Facts at a glance
More than 8 lakh people visited the Make In India Expo and other events, of which 49,743 were registered delegates. 102 countries were represented in the mega expo. A total of 150 events were organised under the Make In India Week banner. More than 25,000 people participated in seminars and symposia, where over 1,200 experts from various walks of life spoke on wide-ranging issues concerning business and society. These included ministers, chief ministers, policy-makers, industrialists, academicians and spiritual gurus.

The Make In India Expo was spread over 23 lakh sqft of area, housed under air-conditioned hangers in 27 halls. A total of 215 exhibitors show-cased their strengths and opportunities in 11 sectors covering aerospace & defence, automotive, chemicals & petrochemicals, construction machinery, food processing, infrastructure, IT & electronics, industrial equipment & machinery, MSME, pharmaceuticals and textiles. There were 17 Indian states with their pavilions in the Make In India Centre. The Make In India Week provided a platform for nearly 8,200 business-to-business, business-to-Government and Government-to-Government meetings.

Participation
Key government delegates during the week included Stefan Lofven, Prime Minister of Sweden, Juha Sipila, Prime Minister of Poland, Piotr Glinski, First Deputy Prime Minister of Poland, Yosuke Takagi, Minister of Economy, Trade & Industry, Japan, Cesar Fergozo, Minister of Asia and Middle East, Mexico, Ignasius Jonan, Transportation Minister of Indonesia and Som Prasad Pandey, Industry Minister of Japan.

Union Ministers who participated in the Make In India Week that was inaugurated by Prime Minister Narendra Modi included: Arun Jaitley, Manohar Parrikar, Nitin Gadkari, Ravi Shankar Prasad, Kalraj Mishra, Nirmala Sitharaman, Piyush Goyal, Dharmendra Pradhan, Anant Geete, Santosh Kumar Gangwar, Harsimrat Kaur Badal and Col Rajyavardhan Rathore.

Key Indian CEOs who were present included Ratan Tata, Cyrus Mistry, Mukesh Ambani, Kumar Mangalam Birla, Anand Mahindra, Gautam Adani, Sajjan Jindal, GV Sanjay Reddy, Ajay Piramal and YC Deveshwar, among a host of others. Key foreign CEOs who attended the MIIW included John Chambers of CISCO Systems, Markus Wallenberg of SEB, (Sweden), Doug DeVos of Amway, Hakan Bushke of SAAB, Sweden, Edward Monser IV of Emerson, USA, Mats H Olsson of Ericsson and Karol Zarajczyk of Ursus, Poland

Policies/initiatives unveiled
Rs.2,200 crore Electronics Development Fund unveiled by Shri Ravi Shankar Prasad to finance innovation, R&D in electronics manufacturing National Capital Goods Policy unveiled by Heavy Industries Minister Shri Anant Geete, aimed at creating an ecosystem for a globally competitive capital goods sector Investment opportunities in food processing by Ms. Harsimrat Kaur Badal E-toll policy covering 360 toll plazas on the national highways across India

State specific policies

The Maharashtra government unveiled five new policies:
141. Maharashtra Retail Policy
2.Single Window Policy
3.Maharashtra Maritime Industries Policy
4.Electronics Policy covering FAB manufacturing
5.Special package for SC/ST entrepreneurs

Odisha Industrial Development Plan 2025, Jharkhand Industrial Promotion Policy 2016 were also unveiled during the week.

Key deals concluded at MIIW

  • Sterlite Group company TwinStar Display Technologies & MIDC for LCD manufacturing unit in technical collaboration with Autron of Taiwan
  • BAE Systems and Mahindra for assembling and testing of M777 Howitzers
  • ORACLE´s $400 mln investment to set up nine incubation centres
  • Trivitron healthcare manufacturing unit in Chennai
  • Gujarat Government and Vestas (Denmark) for windmill blades manufacturing unit at Ahmedabad
  • Raymond Industries to invest Rs.1,400 cr for manufacturing linen yarn and fabric
  • M&M: Investment of Rs.8,000 cr (Nashik: Rs.6,500 cr, Chakan Rs.1,500 cr)
  • Gujarat Government and Tar Kovacs Systems (France) for offshore platform to develop marine applications
  • Tar Kovacs and Government of Karnataka for setting up ocean-based renewable energy project
  • Yes Bank and IREDA for financing of renewable power projects
  • Ascendas | Investment: Rs.4,571 cr | Employment: 1.09 lakh
  • Mercedes | Investment: Rs.1,500 cr | Employment: 4,270
  • Rashtriya Chemicals and Fertilizers | Investment: Rs.6,204 cr | Employment: 140
  • Godrej Industries| Investment: Rs.3,000 cr | Employment: 2,000
  • JSW Jaigarh Port Ltd | Investment: Rs.6,000 cr | Employment: 1,000
  • CREDAI and MCHI for 5.7 lakh affordable homes with an investment of Rs.1.1 lakh cr and 7.6 lakh jobs
  • Government of Jharkhand and Vedanta Ltd
  • Government of Jharkhand and Adani group to set up a thermal power plant with a capacity of 1,600 MW to be supplied to Bangladesh Grid
  • Agreement between Government of Jharkhand and Adani Group to set up a coal-based methane fertilizer plant
  • Uber and Skill Development and Entrepreneurship Department (SDED) of the Maharashtra Government
  • Solar Industries and Government of Maharashtra to set up plant in Nagpur for manufacturing of ammunition for armed forces
 
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