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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