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Make in India Or Trade in India

Make in India Or Trade in India PDF Author: Sachin Gupta
Publisher:
ISBN:
Category :
Languages : en
Pages : 241

Book Description
Has the Make in India program been helpful to the manufacturing startup entrepreneurs in India? The book answers this question. This is a real book by a real manufacturing startup entrepreneur. The book is not the result of an intellectual brainstorming session among so-called experts who have no ground experience. Rather, this is a genuine human story comprising of the true events in the startup journey of a manufacturing entrepreneur in India. * Therefore, there are no views. There are only facts. * The challenges faced by a manufacturing startup entrepreneur in India are documented in this book. * The book looks at the 'Make in India' program from a startup entrepreneur's perspective. * The book highlights the reasons as to why Indian entrepreneurs are becoming traders and not manufacturers. * Despite the launch of the Make in India initiative in 2014, as per a study by Nomura (A Japanese Financial Group), between the period April 2018 to August 2019, a total of 56 global manufacturing companies shifted their production base from China. However, only 3 came to India. Whereas 26 of those companies relocated to Vietnam, 11 to Taiwan, and 8 to Thailand. Why? The book provides answers to these questions. * The book also covers as to why 'Make in India' policy shall also focus on encouraging startups in addition to attracting the global companies to India. * The book analyzes the reasons as to why entrepreneurs across India are buying goods from China and selling them in India. From simple common household items like 'Chappal' to 'Agarbatti' to 'Diwali Lights' to 'Holi Pichkaris' to 'Toys' to electrical items such as 'switches' to 'fans' to 'LED' to even our 'Gods' sculptures' are being sourced from China and sold in India. * The book analyzes the reasons for India's massive trade deficit with China (60 + Billion USD). * The book suggests solutions to reduce India's trade deficit with China that in turn can result in massive job creation in the manufacturing sector in India thereby giving a boost to India's GDP growth. * The book also suggests solutions to succeed in the Make in India project besides making Indian manufacturing globally competitive. * Rising wages in China since 2006 should have been an ideal opportunity for India to become a manufacturing superpower, however, as per the world bank data, as of 2018, India's manufacturing output was merely 403 billion US$ in comparison to China's manufacturing output of approximately 4.003 trillion US$. Why? * Recent events such as the Coronavirus global pandemic further presents an opportunity for India to succeed in the Make in India project, however, are our policymakers ready? Are our policymakers willing to listen to the entrepreneurs and make necessary changes in the policy framework?

Make in India Or Trade in India

Make in India Or Trade in India PDF Author: Sachin Gupta
Publisher:
ISBN:
Category :
Languages : en
Pages : 241

Book Description
Has the Make in India program been helpful to the manufacturing startup entrepreneurs in India? The book answers this question. This is a real book by a real manufacturing startup entrepreneur. The book is not the result of an intellectual brainstorming session among so-called experts who have no ground experience. Rather, this is a genuine human story comprising of the true events in the startup journey of a manufacturing entrepreneur in India. * Therefore, there are no views. There are only facts. * The challenges faced by a manufacturing startup entrepreneur in India are documented in this book. * The book looks at the 'Make in India' program from a startup entrepreneur's perspective. * The book highlights the reasons as to why Indian entrepreneurs are becoming traders and not manufacturers. * Despite the launch of the Make in India initiative in 2014, as per a study by Nomura (A Japanese Financial Group), between the period April 2018 to August 2019, a total of 56 global manufacturing companies shifted their production base from China. However, only 3 came to India. Whereas 26 of those companies relocated to Vietnam, 11 to Taiwan, and 8 to Thailand. Why? The book provides answers to these questions. * The book also covers as to why 'Make in India' policy shall also focus on encouraging startups in addition to attracting the global companies to India. * The book analyzes the reasons as to why entrepreneurs across India are buying goods from China and selling them in India. From simple common household items like 'Chappal' to 'Agarbatti' to 'Diwali Lights' to 'Holi Pichkaris' to 'Toys' to electrical items such as 'switches' to 'fans' to 'LED' to even our 'Gods' sculptures' are being sourced from China and sold in India. * The book analyzes the reasons for India's massive trade deficit with China (60 + Billion USD). * The book suggests solutions to reduce India's trade deficit with China that in turn can result in massive job creation in the manufacturing sector in India thereby giving a boost to India's GDP growth. * The book also suggests solutions to succeed in the Make in India project besides making Indian manufacturing globally competitive. * Rising wages in China since 2006 should have been an ideal opportunity for India to become a manufacturing superpower, however, as per the world bank data, as of 2018, India's manufacturing output was merely 403 billion US$ in comparison to China's manufacturing output of approximately 4.003 trillion US$. Why? * Recent events such as the Coronavirus global pandemic further presents an opportunity for India to succeed in the Make in India project, however, are our policymakers ready? Are our policymakers willing to listen to the entrepreneurs and make necessary changes in the policy framework?

Make in India

Make in India PDF Author: Rahul Anand
Publisher: International Monetary Fund
ISBN: 1513542273
Category : Business & Economics
Languages : en
Pages : 65

Book Description
Structural transformation depends not only on how much countries export but also on what they export and with whom they trade. This paper breaks new ground in analyzing India’s exports by the technological content, quality, sophistication, and complexity of the export basket. We identify five priority areas for policies: (1) reduction of trade costs, at and behind the border; (2) further liberalization of FDI including through simplification of regulations and procedures; (3) improving infrastructure including in urban areas to enhance manufacturing and services in cities; (4) preparing labor resources (skills) and markets (flexibility) for the technological progress that will shape jobs in the years ahead; and (5) creating an enabling environment for innovation and entrepreneurship to draw the economy into higher productivity activities.

Trade, Investment and Economic Growth

Trade, Investment and Economic Growth PDF Author: Pooja Lakhanpal
Publisher: Springer Nature
ISBN: 9813369736
Category : Business & Economics
Languages : en
Pages : 396

Book Description
The book contributes to the growing literature pertaining to empirical and policy issues in international trade, foreign capital flows and issues in finance, implications for India and emerging economies related to trade and development interface, and analysis of sector level growth and development in India. Further, the focus is on the policy aspects of these themes and their role in fostering economic development in the context of India and other emerging market economies. The discourse focuses mainly on empirical work and econometric details. The relevant issues are investigated using state of the art techniques such as gravity models, panel co-integration, generalized hyperbolic distributions, SEM, FMOLS and Probit models. In addition, detailed literature survey, discussions on data availability, issues related to statistical estimation techniques and a theoretical background, ensure that each chapter significantly contributes to the ever-growing literature on international trade and capital flows. The readers shall find an engaging dialogue on the crucial role played by policy and the trade-capital flows-growth experience of emerging economies. The book is relevant for those who are interested in contemporary issues in trade, growth and finance as well as for students of advanced econometrics who may benefit from the analytical and econometric exposition. The empirical evidences provided here could serve as ready reference for academicians, researchers and policy makers, particularly in emerging economies facing similar challenges.

Make in India

Make in India PDF Author: Rahul Anand
Publisher: International Monetary Fund
ISBN: 1513597396
Category : Business & Economics
Languages : en
Pages : 65

Book Description
Structural transformation depends not only on how much countries export but also on what they export and with whom they trade. This paper breaks new ground in analyzing India’s exports by the technological content, quality, sophistication, and complexity of the export basket. We identify five priority areas for policies: (1) reduction of trade costs, at and behind the border; (2) further liberalization of FDI including through simplification of regulations and procedures; (3) improving infrastructure including in urban areas to enhance manufacturing and services in cities; (4) preparing labor resources (skills) and markets (flexibility) for the technological progress that will shape jobs in the years ahead; and (5) creating an enabling environment for innovation and entrepreneurship to draw the economy into higher productivity activities.

The Story of Indian Manufacturing

The Story of Indian Manufacturing PDF Author: Vijay K. Seth
Publisher: Springer
ISBN: 9811055742
Category : Business & Economics
Languages : en
Pages : 319

Book Description
This book discusses the role historical events played in determining the pattern of growth of Indian manufacturing. Two important historical events significantly influenced the course of Indian manufacturing from the 15th century AD. The first was the arrival of European merchants via sea route pioneered by Vasco-da-Gamma in 1498 and the other was the dawn of the Mughal Empire in 1526. The book explores how these two events provided the appropriate stimulus for the emergence of traditional flexible manufacturing in India and how they played a vital role in the pattern of growth of the Indian manufacturing: The Mughal Empire created an integrated economy of continental size whereas European trading companies expanded the commercial connectivity of the Indian economy and South East Asia. It further investigates how the circumstances created by the colonial administration, factor endowment and market conditions created the complex forms of manufacturing enterprises that India inherited at the time of independence. It is a valuable resource for students of history, economic history, business history and the history of technology.

Reintegrating India with the World Economy

Reintegrating India with the World Economy PDF Author: T. N. Srinivasan
Publisher: Columbia University Press
ISBN: 0881324442
Category : Business & Economics
Languages : en
Pages : 182

Book Description
After nearly five decades of insulation from world markets, state controls, and slow growth, India embarked in 1991 on a process of liberalization of controls and progressive integration with the global economy in an effort to put its economy on a path of rapid and sustained growth. Despite major changes in the government since then, the thrust on reforms has been maintained. According to the World Bank, only 10 out of 145 countries had more rapid growth than India at over 6 percent per year in the 1990s and two had the same as India's. In this study, T.N. Srinivasan and Suresh D. Tendulkar analyze the economics and politics of India's recent and growing integration with the world economy. They argue that this process has to be nurtured and accelerated if India is to eradicate its poverty and take its rightful place in the global economic system.The study covers the historical roots and the political economy of India's late integration; domestic and external constraints on integration; external capital inflows including foreign direct investment; and India's emerging comparative advantage in the information technology industry and services, particularly computer software. The final chapter offers policy recommendations including proposals that India could make at the ongoing Doha Round of multilateral trade negotiations.

Make in India

Make in India PDF Author: Rahul Anand
Publisher:
ISBN: 9781513564326
Category : Exports
Languages : en
Pages : 92

Book Description
Structural transformation depends not only on how much countries export but also on what they export and with whom they trade. This paper breaks new ground in analyzing India's exports by the technological content, quality, sophistication, and complexity of the export basket. We identify five priority areas for policies: (1) reduction of trade costs, at and behind the border; (2) further liberalization of FDI including through simplification of regulations and procedures; (3) improving infrastructure including in urban areas to enhance manufacturing and services in cities; (4) preparing labor.

An Interim Evaluation of the Performance of Make in India Program In Information Technology Hardware

An Interim Evaluation of the Performance of Make in India Program In Information Technology Hardware PDF Author: Dr. Ashutosh Gaur
Publisher: Exceller Books
ISBN:
Category : Business & Economics
Languages : en
Pages : 189

Book Description
‘An Interim Evaluation of the Performance of Make in India Program In Information Technology Hardware’ discusses the vital strategies for the success of India's Make in India Program in the IT hardware sector. It also delves into economic game-changers - Demonetization and GST - and their influence on the industry. The outcome also illustrates perception of Industry people about the Make in India Program. This book also underlines role of Academic Institution for Making India self-reliant in the manufacturing of Information Technology Hardware.

Our Time Has Come

Our Time Has Come PDF Author: Alyssa Ayres
Publisher: Oxford University Press
ISBN: 0190494522
Category : Business & Economics
Languages : en
Pages : 361

Book Description
Long plagued by poverty, India's recent economic growth has vaulted it into the ranks of the world's emerging powers, but what kind of power it wants to be remains a mystery. Our Time Has Come explains why India behaves the way it does, and the role it is likely to play globally as its prominence grows.

Industrial Policy Challenges for India

Industrial Policy Challenges for India PDF Author: Smitha Francis
Publisher: Taylor & Francis
ISBN: 0429534418
Category : Business & Economics
Languages : en
Pages : 214

Book Description
This book looks at the debates on global value chains (GVCs) and free trade agreements (FTAs) as springboards for industrial development in developing countries, especially India. It connects the outcomes in GVC-led industrial restructuring and upgrading to industrial policy choices in trade and FDI liberalisation, in particular those through FTAs. With the share of manufacturing in GDP stagnant at around 15–16% since the 1980s, India’s policymakers have pinned their hopes on greater integration into GVCs to revitalise the manufacturing sector. The multiple FTAs the country has signed over the last few years, specifically the ones with the Association of Southeast Asian Nations (ASEAN), South Korea, Malaysia and Japan have been sought to be rationalised using the same argument. The book argues that failing to factor in the industrial policy causalities involved in sustainable indigenous technology development, structural barriers to the entry into GVCs, the assessments of the available evidence on the adverse impact of trade and FDI liberalisation as well as existing FTAs on firm-level incentives for undertaking domestic production, and the industrial policy constraints imposed by FTAs can prove costly for the trajectories of developing country economies, including India. Rich in data, this book will be useful to scholars and researchers of development economics, economics in general, development studies and public policy as well as government bodies, industry experts and policymakers.