Manufacturing

The 'Make in India' program was developed to make India a manufacturing hub on the global map.

From manufacturing Amazon's Fire TV stick to Samsung's mobile display panels, global tech giants are eying India as a lucrative option for manufacturing incentives. Companies like GE, Siemens, HTC, Toshiba, and Boeing are eyeing the potential investment opportunities in India attracted by its billion consumers and rising purchasing power.

Reasons for Investing

The Indian manufacturing sector is estimated to be valued at US$ 1 trillion soon.
Only 2% of India’s manufacturing capacity has been explored so far, leaving ample scope for development.
Indian AEC market (Appliances and Consume Electronics Market) is estimated to be valued at US$ 21.18 billion.
The electric vehicle financing industry is projected to grow by US$ 50 billion.
Production Linked Incentive Scheme (PLI) worth US$ 3.53 billion approved for the auto and drone industries.
Government approved a PLI scheme worth US$ 2.47 billion for production of advanced chemical cell (ACC) batteries
The cumulative FDI inflows in the Indian manufacturing sector equates to US$ 100.35 billion.

Industry Growth Factors

India’s specialty chemicals market growth is driven by increased demand from industries such as food processing, personal care, and home care.
Steady growth in the working population with 8.4 million people employed in the machinery and equipment industry
Over the next two to three decades, India can realize its full industrial potential by using its demographic dividend and vast workforce.
Increased focus on the development of the manufacturing sector’s infrastructure and logistics facility
Implementation of industrial corridors, innovative city plan and PLI schemes for overall national development

What we can do for you?

Step 1

Business Registration

Choose a suitable business structure
Register your business with the Ministry of Corporate Affairs (MCA).
Obtain a Digital Signature Certificate (DSC) and Director Identification Number (DIN).

Step 2

Compliance and Licensing

• Apply for necessary licenses and permits based on your consultancy services (e.g., GST registration, Professional Tax registration).
• Ensure compliance with local, state, and national regulations.
• Set up a business bank account and maintain proper financial records.

Step 3

Operational Setup

Establish a physical or virtual office space.
Hire skilled professionals and build a competent team.
Develop a marketing strategy to attract clients and grow your business.

Would you like more detailed information on any of these steps?

Have any questions?

info@teamindiaglobal.com

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+91 11 4987 6020

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