Implementation of GST will make tax system less complicated

June 23, 2016 12:19 pm

Many new policies which are implemented under the ‘Make in India’ program have been a help for Indian manufactures too. Trade within as well as outside the country has been made easier now with the implementation of new policies.Rahul Sagar, Assistant General Manager, Maini Materials Movement
  ‘Make in India’ initiative is an efficient step by the government of India to boost up the developing economy of the country. It aims to position India as a global manufacturing hub, offering endless aids to foreign nations to set up their plants in India. Since this initiative was launched, it has attracted investors from around the globe to invest their capital in India. This investment is mainly expected to be in manufacturing sector but IT is also believed to get benefitted from this program. Since its launch in 2014, the country has seen huge investment in automobile Industry, mainly in the four wheeler segment followed by two wheeler and tire industry.
Government of India has been careful about trade policies this year and has introduced several steps to improve the business environment by easing processes to do business in the country, and attract foreign investments.
Benefits from ‘Make in India’‘Make in India’ campaign aims to bring the manufacturing giants of the world to India. It targets overall development of manufacturing infrastructure of the country. Many new policies which are implemented under this program have been a help for Indian manufactures too. Trade within as well as outside the country has been made easier now with the implementation of new policies. Processes are simplified and being made online to make things easier and faster. Indian manufacturers can also now pitch foreign markets for sale of their product.

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