Asia-Pacific team leader and global business attorney Vinita Bahri-Mehra was invited to give opening remarks at “Emerging India: How India Will Play a Major Role in 2016 and Beyond,” a joint presentation of the Indian Consulate and the New York City chapter of the Association for Corporate Growth. The presentation, which aimed to discuss the subcontinent’s viability as a destination for increased U.S. investment in 2016, featured a review of the country’s demographic profile, an evaluation of its recent economic activity, its competitive positioning relative to opportunities in China and Brazil, and a panel of technology experts. Vinita’s presentation covered the specific inflow of foreign direct investment in India, an overview of investable industry sectors and Indian pillars of growth, and an overview of the government’s focus on driving investment in India through the “Make in India” initiative, which is focused particularly on manufacturing.

1. z
Legal Incentivespresented by
Vinita Bahri-Mehra, Esq.
Emerging India

2. z
Serial
No.
Sectors
2012-2013
(April-March)
2013-2014
(April-March)
2014-2015
(April-March)
2000-2015
(April-May)
1 Service Sector** 4.83 2.22 3.25 43.02
2
Construction
Development: Townships,
Housing, Built-up
Infrastructure
1.33 1.22 0.76 24.06
3 Telecommunications 0.30 1.30 2.89 17.42
4
Computer Software +
Hardware
0.48 1.12 2.20 17.29
5 Drugs + Pharmaceuticals 1.12 1.27 1.52 13.28
6 Automobile Industry 1.53 1.51 2.57 13.39
7
Chemicals (Other than
fertilizers)
0.29 0.87 0.66 10.48
8 Power 0.53 1.06 0.66 9.71
9 Metallurgical Industries 1.46 0.56 0.47 8.62
10 Trading 0.71 1.34 2.76 8.72
FDI Inflow
** Service Sector includes Financial, Banking, Insurance, Non-Financial/Business, Outsourcing, R&D, Courier, Tech. Testing and
Analysis. Source: Fact Sheet on FDI (May 2015)

3. z
Top Prospective Host
Economies (2013-15)
UNCTAD’s survey conducted on the largest Transnational
Corporations regarding the most favorable host economies in the
world puts India in the third position on the global scale just
behind China and the United States

4. z

5. z
Sector Focus

6. z
Pillars
New
Processes
Ease of Doing
Business
New Infra-
Structure
Industrial
Corridors,
Industrial
Clusters,
Smart Cities
New
Sectors
Opening up
of FDI
New
Mindset
Government
as Regulator

7. z
The aim is to de-license and de-regulate
the industry during the entire life cycle of
a business. It would reduce the
complexities associated with a business
and will relatively increase the speed
with which applications are processed.
Other new initiatives include e-Biz
Portal, Nation e-Governance Plan etc.
Pillars
New
Processes
Ease of Doing
Business

8. z
New Infra-
Structure
Industrial
Corridors,
Industrial
Clusters,
Smart Cities
Pillars
Government intends to develop
industrial corridors and smart cities to
provide infrastructure based on state-of-
the-art technology with modern high-
speed communication and integrated
logistic arrangements. Existing
infrastructure to be strengthened
through upgradation of infrastructure in
industrial clusters.

9. z
Pillars
‘Make in India’ has identified 25 sectors
in manufacturing, infrastructure and
service activities. FDI has been opened
up in Defense Production, Construction
and Railway infrastructure in a big way.
New
Sectors
Opening up
of FDI

10. z
Pillars
Industry is accustomed to see
government as a regulator. ‘Make in
India’ intends to change this by bringing
a paradigm shift in how government
interacts with industry. The Government
will partner industry in economic
development of the country. The
approach will be that of a facilitator
and not regulator.
New
Mindset
Government
as Regulator

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Co-Development/Co-Production
Options for Offsets
Manufacturing
Subcontracting/Contract Manufacturing
Joint Ventures
Licensed Production

12. z
Legal Reforms
Proactive IP Regime
Centralized Tax System
Central Initiatives
Action Plans for Start-ups

13. z
Government
Objectives +
Philosophies

14. z
Make India Hub
for Manufacturing

15. z

16. z
Less
Government,
More
Governance

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Zero Defect,
Zero Effect

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We should manufacture goods in
a way that they carry zero defect, that
our expiated goods are never returned
to us. We should manufacture goods
in a way that they should have a
negative impact on the environment.
“ “

19. z
“Make with India”
+
“Make for India”

20. z
Thank You!
Vinita Bahri-Mehra, Director
Director + Chair, Asia Pacific Practice
Kegler Brown Hill + Ritter
vmehra@keglerbrown.com
keglerbrown.com/bahrimehra
614-255-5508
614-464-2634 (fax)