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TMI BlogPerformance of Manufacturing SectorX X X X Extracts X X X X X X X X Extracts X X X X ..... Performance of Manufacturing Sector - News and Press Release Dated:- 3-5-2016 - News - According to Annual Survey of Industries, the Gross Value of Output (GVO) in manufacturing sector was ₹ 65.55 Lakh Crores in 2013-14. The Government is continuously taking a number of measures to boost manufacturing sector in India. These, inter-alia, include Startup India initiative as well as Make ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in India programme under which 22 thrust sectors to provide a major push to manufacturing in India have been identified. The steps taken to create ease of doing business include setting up of an investor facilitation cell, launch of e-biz portal and liberalising policy for industrial license for defence industries. The Foreign Direct Investment (FDI) policy and procedures have been simplified an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d liberalised progressively. For creation of state-of-art infrastructure, Government is implementing Delhi Mumbai Industrial Corridor (DMIC) project. In addition, a number of other industrial corridor projects have been conceptualised. National Investment and Manufacturing Zones (NIMZs) are impartment instrumentalities of the National Manufacturing Policy (NMP). Government has approved Eight In ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vestment Regions along the Delhi Mumbai Industrial Corridor (DMIC) project as NIMZs. Both Domestic as well as foreign investors can participate in various tender packages being issued by DMICDC and can also set up a manufacturing base in these cities. The details are as under: Industrial Corridor Nodes : DMIC i. Ahmedabad-Dholera Investment Region, Gujarat ( Expected employment on c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ompletion : 8,00,000) ii. Pithampur-Dhar-Mhow Investment Region, Madhya Pradesh ( Expected employment on completion : 4,50,000) iii. Shendra-Bidkin Industrial Park city near Aurangabad, Maharashtra ( Expected employment on completion : 7,50,000) iv. Dighi Port Industrial Area, Maharashtra ( Expected employment on completion : 3,20,000) v. Manesar-Bawal Investment Region, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Haryana ( Expected employment on completion : 16,00,000) vi. Khushkhera-Bhiwadi-Neemrana Investment Region, Rajasthan ( Expected employment on completion : 5,50,000) vii. Jodhpur-Pali-Marwar Region in Rajasthan ( Expected employment on completion : 3,20,000) viii. Dadri-Noida-Ghaziabad Investment Region, Uttar Pradesh( Expected employment on completion : 12,00,000) Other Early B ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ird Projects : i. Integrated Industrial Township in Greater Noida( Expected employment on completion : 1,74,270) ii. Integrated Industrial Township Vikram Udyogpuri project( Expected employment on completion : 78,000) Other Corridors Three nodes namely Tumkur in Karnataka, Ponneri in Tamil Nadu and Krishnapatnam in Andhra Pradesh under Chennai Bengaluru Industrial Corri ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dor (CBIC) and one node Dharwar in Karnataka under Bengaluru Mumbai Economic Corridor (BMEC) have also been identified. Fourteen NIMZs outside the DMIC region have also been identified: i. Nagpur in Maharashtra ii. Prakasam in Andhra Pradesh iii. Chittoor in Andhra Pradesh iv. Medak in Telangana v. Hyderabad Pharma NIMZ at R ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... angareddy and Mahabubnagar Districts in Telangana. vi. Tumkur in Karnataka vii. Kolar in Karnataka viii. Bidar in Karnataka ix. Gulbarga in Karnataka x. Kalinganagar, Jajpur District in Odisha xi. Ramanathapuram District of Tamil Nadu xii. Ponneri Taluk, Thiruvallur District, Tamil Nadu xiii. Auraiya ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... District in Uttar Pradesh and xiv. Jhansi District in Uttar Pradesh The 22 identified sectors under the Make in India initiative are , viz, (i) Automobiles Auto Components, (ii) Aviation, (iii) Aerospace Defence, (iv) Basic Metals Cement, (v) Biotechnology, (vi) Chemicals and Petrochemicals (vii) Food Processing (viii) Gems Jewellery, (ix) ICTE Manufacturing, (x) Leather a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nd Leather Products, (xi) Media and Entertainment, (xii) MSME, (xiii) Oil Gas, (xiv) Pharmaceuticals, (xv) Power, (xvi) Ports and Shipping, (xvii) Railways, (xviii) Renewable Energy, (xix) Roads and Highways, (xx) Skill Development, (xxi) Textiles Apparel and (xxii) Tourism. The survey conducted by FICCI and PwC Strategy - namely India Manufacturing Barometer indicates that 58% of the surve ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... yed respondents are somewhat optimistic and 24% are very optimistic about the prospects of the Indian Economy for the coming year. The interview period of the survey was 1 November 2015 to 10 January 2016. Further, as per India Manufacturing Barometer, PwC s 19 th Annual Global CEO Survey showed that 75% of Indian CEOs believe that there are more growth opportunities for their company today than ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... three years ago. This information was given by the Minister of State (Independent Charge) in the Ministry of Commerce Industry Smt. Nirmala Sitharaman in a written reply in Lok Sabha. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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