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Department of Industrial Policy and Promotion (DIPP)

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Suggestions Invited for Formulation of a New Industrial Policy

Start Date :

Aug 31, 2017

Last Date :

Sep 26, 2017

00:00 AM IST (GMT +5.30 Hrs)

Submission Closed

The Department of Industrial Policy and Promotion, Ministry of Commerce and Industry initiated the process of formulation of a new Industrial Policy in May 2017. Since the last ...

The Department of Industrial Policy and Promotion, Ministry of Commerce and Industry initiated the process of formulation of a new Industrial Policy in May 2017. Since the last Industrial Policy announced in 1991, India has transformed into one of the fastest growing economies in the world. With strong macro-economic fundamentals and several path breaking reforms in the last three years, India is equipped to deploy a different set of ideas and strategies to build a globally competitive Indian industry. The new Industrial Policy will subsume the National Manufacturing Policy.

A consultative approach has been taken for industrial policy formulation wherein six thematic focus groups and an online survey on DIPP website have been used to obtain inputs. Focus groups, with members from government departments, industry associations, academia, and think tanks have been setup to delve deep into challenges faced by the industry in specific areas. The six thematic areas include Manufacturing and MSME; Technology and Innovation; Ease of Doing Business; Infrastructure, Investment, Trade and Fiscal policy; and Skills and employability for the future. A Task Force on Artificial Intelligence for India’s Economic Transformation has also been constituted which will provide inputs for the policy.

It is proposed that the new Industrial Policy will aim at making India a manufacturing hub by promoting ‘Make in India’. It will also suitably incorporate the use of modern smart technologies such as IOT, artificial intelligence and robotics for advanced manufacturing.

Hon’ble Minister of State(i/c) for Commerce & Industry Smt Nirmala Sitharaman will hold consultations with stakeholders, including industry captains, think tanks and State governments in Chennai, Guwahati and Mumbai. The Industrial Policy is likely to be announced in October 2017.

DIPP invites comments, feedback, suggestions from the public regarding framing of the new Policy.

The last date of submission of suggestions is 25th September, 2017.

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johny basha shaik 8 years 11 months ago

In my opinion,Industrial Policy of a country/countries is to encourage the development and growth of a part/all the manufacturing sectors or others of the economy.Tthe new industrial policy aims at promoting vibrant industrial growth of overall economic development of with VISION and MISSION.

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bharat chordiya 8 years 11 months ago

Promote manufacturing, provide incentives to potential ideas/business plans. Make it easy for the entrepreneurs to setup plants. Reduce the hassles in getting the approvals for basic amenities for setting up industrial plants like electricity, certifications etc. Only if process of setting up business becomes would encourage people in coming up and establishing themselves.

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JAGDISH PATHAK 8 years 11 months ago

In respect to New Industrial Policy, I want to suggest that, Industries promotion policy should be introduced, in which, there should be made analysis the area and requirement of goods and material necessities and consumption, New enterprenius should be encourage to start the manufacturing of specified goods or material, further, they should be given minimum target of production and employment, so that, people can get direct benefit of such industrial unit, best wishes

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Rommy Geever 8 years 11 months ago

Solar panels ,lithium polymer batteries,are the next revolution.support and give initiatives for interested entrepreneurs,big or small in loans ,know how,and subsidies.Govt should start a net work of people who can help any indivudal in starting manufacturing and able to give the know how.next is military equipment s there is lot of miltary research lying with army not used give to induvals for starting production ,and a world marketing group should be created to sell their products

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Maddhu Nallan Chakravarthy 8 years 11 months ago

encourage persons who are working in private or public sector for 20 years to set up auxiliary units by providing possible financial or subsidies, so that helps both ways promotion opportunities in departments as well employment opportunities in respective units.

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Shridhar Rawal 8 years 11 months ago

Sir, I am from Gandhinagar, capital of Gujarat. My flat is within 1 km of Shree Kamalam, the BJP headquarter of Gujarat. The reason for informing this is, just beside my apartment there is hostel of Institute of Hotel Management. Boys hostel is famous for nuisances.. Alcohol,? Drugs, abusive language, damaging flat owners vehicles and recently harassment of women members of the society industry of hotel with foreign guests will get rape etc. Or else? can we expect hotel, tourism to be safe?

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Jairaj Srinivas 8 years 11 months ago

Primarily the import policy must be reviewed, and withdraw the Value addition clause from the import policy. Custom duty must be hiked for all those products, which can be manufactured in India. The policy on import of used machinery for R&D purpose must reviewed and define the word" Hazardous Waste" as per the UN Resolution.

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Rahul Dulani 8 years 11 months ago

3-All the CORRUPTION starts from #taking electricity connection, #fire department NOC when there is no liability of Hydrants on GOVT but impossible plan & investment requirement on industry, #labour department as no one can fulfill all requirements, #funds like PF,ESI....ALL ADDS UP TO A COST which makes the product cannot compete in international market # Laws must be workable & practicle & justifiable

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Rahul Dulani 8 years 11 months ago

1-Work culture must be improved as it starts from Govt departments..very poor today..nobody wants to give 100% as they see going on in all govt dept. People know that earning can be made without working or just doing formality. 2-Labour laws only in favour of labour & corruption..PF,ESI are loaded on indstry owners..must be borne by govt. Why its the liabilty of industrialist to arrnge funds for labour pensions, medical as PF & ESI when he himself is not eligible for pensions when he retires

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Maulik Savani 8 years 11 months ago

Mera land transfer abbhi tak nahi hua... Land allotment k liye 100000 RS. Ka minimum RESHWAT mangte hai.. AKVN UJJAIN(MP)... Hope that in new policy aware about that thing and protect new entrepreneur. Wish u all the best for #newindustrialpolicy2017

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