16 July 2015

Make in India scheme of DIPP won Frost and Sullivan’s 2015 Economic Development Innovation Award


Frost and Sullivan, a US-based Growth Partnership Company, on 14 July 2015 acknowledged Make in India initiative of the Department of Industrial Policy and Promotion (DIPP), Government of India.
In this observe, it presented the DIPP with the 2015 Asia – Pacific Economic Development Innovation: Policy and Program Implementation Excellence Award in Manufacturing.
The award was received by Amitabh Kant, Secretary, DIPP from Aroop Zutshi, Frost & Sullivan’s Global President and Managing colleague in New Delhi.

The award was given in acknowledgment of its outstanding involvement to nurture India’s economic and industrial transformation through simplifying the regulatory structure, reinforcing connectivity and incentivising investments.
The Make in India initiative scored the top score among the 100 countries in the GIL-100 Index: Manufacturing Index for 2015 on Manufacturing Excellence which was prepared by self-governing global experts through a detailed 10-step process.
Further, the evaluation of various manufacturing programmes across 100 countries was based on two basic principles. These were:
Enabling Vision: Vision for Development Strategy and Vision Congruence, Role of organization in Policy Design, Industry Focus and Funding and Innovative Programs
Implementation Excellence: useful Channelization of Resources, useful Program Coordination and Execution, Program Reach and Accessibility, Infrastructure Development and Implementation Success
About Economic Development Innovation Award
Economic Development Innovation (EDI) Award is given under Frost and Sullivan’s EDI programme that identifies exemplary initiatives by governments that have the possible to transform their countries into important destinations for investments and achieve fast economic growth.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company works in partnership with clients to influence visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

No comments: