Make in India
On 31st October Indian Embassy at Denmark organized a Seminar on theme “Make in India” at their Embassy. High level delegates from Indian Ministry of Trade & Commerce along with Industrialist, Entrepreneurs and Businessman from Denmark were among the participants. Seminar was inaugurated with a welcome speech of HE Ambassador of India Mr. Niraj Srivastava.
Secretary to Indian Embassy-Mr. Anil K Sharma gave introductory presentation on the Make in India Campaign Inaugurated by Indian Prime Minister Mr. Narendra Modi on September 25 ahead of his five day visit to United States. The Narendra Modi-led Government is pushing for creating lucrative opportunities for foreign investors and FDIs for setting up of manufacturing units in the country and thus giving economic growth a boost. Government’s initiative to create ‘Make in India’ a global phenomenon will bolster and help increase per capita income and will create jobs for over 10 million people, who join the workforce every year. However, to create jobs, India needs to grow at a faster pace and to do this, Indian companies will have get rid of services-driven growth model and concentrate on labour-intensive, manufacturing-driven growth. The important features of the Campaign are:
The government will revise all the legal & regulatory processes for the ease of Investors. A dedicated cell has been created to respond on queries from business entities through a newly created web portal.
The DIPP and industry lobby FICCI jointly set up an eight-member expert panel to address queries and concerns of investors. They will clarify Indian policies to the investors and suggest reforms to the Central and States Governments. States have been advised to introduce self-certification.
The Union Ministry of Home Affairs has been asked to give all security clearances to investment proposals within 3 months.An advisory has been sent to all departments/state governments to simplify and rationalize regulatory environment which includes online filing of all returns in a unified form.
Participants from country (Denmark) share their experience about Indian Government Policies, Business opportunities, working environment and their relations with Indian companies.
Mr. Niels Ahlmann-Ohlsen, Chairman India Danish Forum gave presentation on business opportunities between India-Denmark. He also shared his own business experiences in India like how he started? How he approached? What help he got from Indian Embassy at the time of starting business? Etc.
Mr. Soren Jesper Hansen from Price Water House Coopers gave excellent and informative presentation on taxation policy of India. He covered maximum points on the subject in his presentation.
Mr. Kunal Singh, Director, Confederation of Danish Industry (DI) gave presentation on Danish business possibilities, pitfalls and perspectives in India. He gave very valuable information for the companies wants to enter and settle down in India and also information for hiring required expertise, employee and manpower in different parts of India.
Mr. Soren Holm Johansen from Ramboll gave presentation on business opportunities in Infrastructure sector. He also shared Ramboll’s business experience in India and their tie-ups with different companies of India.
Mr. Christinan Tornqvist, Global Client Partner, HCL Technologies Denmark gave presentation about their business in India.
Myself, Nityanand Gupta, an India native living in Denmark from last four years and very soon I am going to start a (partnership) business in Denmark. In near future I want to extend my business & setup office in India. I attended the Seminar to know the policies and facilities provided by new Indian govt. for the NRI investors. The seminar helped me in knowing the policies and other required information related to business in India as a NRI Investor. I thanks to Karen and JCI who invited me for attending the Seminar.