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MAKE IN INDIA
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Dear Decision Maker ,
MINT newspaper ( 19 Nov 2014 ) reports :
* In October 2014 , India's
> Imports were $ 39 Billion
> Exports were $ 26 Billion
> Trade Deficit was $ 13 Billion
* So , India's Commerce Ministry is believed to be preparing a Policy Paper , recommending :
> Local Manufacture of some 181 engineering items, whose annual imports add
up to $ 18.1 Billion ( Each item with annual import value of $ 100 Million )
> Declaring CAPITAL GOODS as PRIORITY sector for bank lending at lower rates
of interest
> Exempting locally manufactured Capital Goods from Excise Duty
> Abolish schemes relating to duty-free imports of Capital Goods
> Strictly regulate import of second-hand machinery
* What are the items that Government would like industry to "Make In India " ?
[ Do look up Make In India " web site for Investment Opportunities in India ]
Here is a partial list :
> Gas Compressors
> Parts of Non-Electric Furnaces
> Filtering and purifying machinery
> Petroleum and Gas-well Drilling Equipment
> Cotton-weaving Machinery
> Brake linings
> Gear Boxes
> Engines with cylinder capacity of more than 250 cc
> Parts of turbine
> Parts of Steam and Vapor generating Boilers
* How will this help ?
> Revive Rs 1.85 Trillion Indian Capital Goods Industry
> Reduce Import Dependency
> Boost local manufacturing
* Any decision so far ?
> On 16th Sept , Union Cabinet approved a Rs 20,000 Cr ( $ 3.3 Billion ) plan to
boost localization of at least 10 key technologies in Capital Goods sector
* What are the opportunities for FOREIGN COMPANIES ?
> Form Joint Ventures with Indian Companies operating in Capital Goods sector .
* Where will they find these Indian Companies – and send them " Let's form JV " messages ?
On ….www.B2BmessageBlaster.com….
there is an Online / Searchable database of 2,28,000 + Indian Companies , listed as per 52 Industry Sectors
In sector labeled , " Machinery / Equipment Manufacturing / Capital Goods / Plants / Machine Tools ", that number is 16,285 Indian Companies
Just Register and using our Message Blasting service , send out " We would like to talk to you " messages , to dozens of shortlisted companies
Your messages will be delivered in 24 hours ( as Emails )
with regards ,
hemen parekh
hcp@RecruitGuru.com
Mumbai , India
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Compact Engineering - Energy efficient technology - infrared at its best http://www.compact.co.uk
Compact Engineering Ltd.,
Severfield Close, Thirsk Industrial Park, THIRSK, North Yorkshire, YO7 3BX, ENGLAND
tel: +44 1845 525356 fax: +44 1845 525357 email: apollo@compact.co.uk