Question : Investment Centres

(a) the details of sectors identified and the new cities identified/to be developed as investment centres to promote industrial activities and make India a manufacturing hub;

(b) the details of the facilities extended to foreign/domestic investors in this regard and the expected employment likely to be generated thereby; and

(c) the other steps taken/proposed to be taken by the Government to make India a global manufacturing hub?

Answer given by the minister

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THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE & INDUSTRY
(SHRI C.R. CHAUDHARY)

(a) & (b ): Government of India has identified key sectors under the ‘Make in India’, for specific actions under (i) Policy Initiatives (ii) Fiscal incentives (iii) Infrastructure Creation (iv) Ease of Doing Business (v) Innovation and R&D (vi) Skill Development areas. The list of the identified sectors is given in Annexure I.

Development of cities as investment centres largely falls under the domain of the state governments. Department of Industrial Policy & Promotion under Government of India has given ‘In-principle’ approval for establishment of 16 National Investment and Manufacturing Zones (NIMZs) under the National Manufacturing Policy. Of these, the NIMZ in Prakasam District of Andhra Pradesh; Sangareddy (formerly Medak) District of Telangana and Kalinganagar, Jajpur district of Odisha have been granted final approval. Eight Investment Regions along the Delhi Mumbai Industrial Corridor (DMIC) project have also been declared as NIMZs. Details of areas, targeted industries and estimated employment under these NIMZs are at Annexure II and Annexure III.

(c): In order to boost manufacturing sector and to make India a global manufacturing hub, the Government is continuously taking a number of measures which inter-alia, includes setting up of investor facilitation cells, liberalising policy for industrial license, progressive simplification and liberalisation of Foreign Direct Investment (FDI) policy, creation of state-of-art infrastructure, implementation Industrial Corridor projects, scheme of Modified Industrial Infrastructure Upgradation Scheme (MIIUS) etc.

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