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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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Amrendra kumar singh 8 years 11 months ago

As per my knowledge India haven't any boeing company. Spicejet ordered to USA manufacture the plane for me. How will India grow just think. It is a great deal. Atleast we can start a small unit boeing company and one day it will be big.one step forward India will change. This is a small suggestion. We have so many things.

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Jayesh Kulkarni 8 years 11 months ago

Like wise Product Quality & RECYCLE SYSTEM to start to take place in India India is in need of DIGITAL INDUSTRIAL SET UP Fast and Affordable and Easy Industrial Loans, Start Up Industrial Policy Start Up Loans are now a days say 3 month to 6 Month required after Apply to banks i.e. Government Banks moreover Government Banks dose not support to such Applications as a development or push ups, in fact Government banks normally delay to 6 month Maximum Bank Rate of Interest is the Problem

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Mohan Lalith Dachepally 8 years 11 months ago

Ma'am I have a will power to buy any product which is Made In India. But many companies don't print where its manufactured. So it becomes difficult to find it. If there is policy that it should print where the product is designed and where its manufactured it would be of great help for many who want to buy product from our markets. Example iPhone prints "Designed in California,Manufactured in China/India " This should be written on every product

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Jayesh Kulkarni 8 years 11 months ago

For an Industrial Policy, in our View to Compete Global Markets & their Policies, we must follow below few quick points 1) Minimum Minimum Cost of LAND and mostly DRY AREA or non agriculture Land to Allocate Industries (like China Free or 3 years Lease) land to Allocate 2) Minimum Minimum Minimum Rate Of Interests of Industrial Loans to Reduce Production COST up to certain Level to start Exports 3) SET Up of ENVIRONMENTAL Guidelines 4) STRONG MRP - MAXIMUM RETAIL PRICE AFFORDABLE to Follow

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TURUBATI PRAVEEN KUMAR 8 years 11 months ago

In my point of view let's make the agriculture sector as an industry to obtain more yields with less man power by gathering young and literate people who are enthusiastic towards farming. In our country out of 100%, 61% of population is based on agriculture sector, and this percentage is far more than needed which is 40% due to lack of water resources and faithless returns on agriculture. My request is to make a survey at mandal level, train the people who are really interested. Jai hind

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Pankaj Jaiprakash Khandelwal 8 years 11 months ago

Competence, Innovation and Consistency are the hallmark of any successful MNC around the world. Our MNCs too need to toe the line in order to ensure a longer term longivity and desirability in the global marketplace. And for that to happen, aping the Western world blindly is not going to help. Can we take a leaf from Amway & Nutrilite and dare to dream big? We can surely develop futuristic weapon technologies and sell them to the rest of world. So can be done in other avenues as well.

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sita ram dhaniwal 8 years 11 months ago

Why we invest in Modern Airports,So much investment on Rail Transport,Highways when loop holes surface is much faster then all of them.should we not go for latest ,smart and fasted technology.Please think ask for a comperative fhart on all of them.visualise profitability and gains.Think about profit and loss.As well as comperative costing per man per k.m.let us utilize to optimum utilization of our scarce resources.And long term gain.loop transportation is much faster then globe master largest

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ADITYA GUPTA 8 years 11 months ago

Sir to start a plant we require land, if we invest our hard earn money on land then how can we start a plant. Taking loan from banks is not possible as they want lot of deposits.Sor give us the required land and some support on manf.we will give you good results

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Vivek Choudhury 8 years 11 months ago

If both the units havent started production and is under installation phase so aren't they entitled as case wise this also fulfills the different criteria.

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Vivek Choudhury 8 years 11 months ago

Now if the situation and the criteria is the same but just that one started setting up a unit before the scheme rolled out and the other person started a project after hearing of the incentive. Now can we say the previous person was more willing to serve the stakeholders etc. In the interest of the farmers if in case of food processing for eg. So even before the government announced anything beneficial from setting up the person wanted to setup on his own. Should not be be entitled

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