N. Venkateshwarlu

A. Agarwal

N. V. S. Raju

M. P. Kumar

Abstract

Indian government vision is to become economically strong. For this we need to be strong in manufacturing and exporting. Exporting is only possible when manufacturing export quality goods in India. To boost the manufacturing capabilities, government of India devised a policy “Make in India” project. Under this “Make in India” project, the permissions will be given at one go for establishing industries under the supervision of Superman of India the Prime Minister or under the supervision of Spiderman's of various states, the Chief Ministers. Under this “Make in India” project the foreign industrialists, NRI's and Indian industrialists are invited to establish their industries in India. It is a boost to the states to devise their easier industrial policies, which may motivate the industrialists to establish their industries at their own states. Recently the Telangana state already unveiled a new industrial policy, under this new industrial friendly industrial policy the permissions will be given with 15 days of submission of proposal through online only. The special cell has been established in the CMs office to look after all the documents verification to speed up the permission process. They have also collected the data for availability of land for establishing industries in Telangana. About six industrial corridors have been identified and notified for establishing industries in Telanaga under “Make in Telangana” logo. All the states should establish and devise their industrial policies to attract the various industries according to the resources and minerals availability. “Make in India” and “Make in Telangan' logos are creating records in social media such as Facebook and whatsApp. An USA based big software company Google and Amazon are going to establish its second campuses in Hyderabad. There are more industries are coming up after the unveiling of “Make in India” and “Make in Telangana” projects. It may be expected that the positive impact will be there on growth rate of Indian Economy by 2020. Therefore India will become economically strong. Recently the Prime Minister of India, Chief Minister of Andra Pradesh and IT Minister of Telangana participated in “World Economic Forum-2018” to boost up the Foreign Investments in India. Telangana IT Minister Mr.KTR actively participated in WEF 2018 and invited big foreign industrialists to invest in Telangana in the areas of Start Ups in ITsector, R&D in Solar and Wind Energy and Automotive Industries.

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