What permission and licenses would be required to make usb in india
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Answer:
Hello,
First I would like to congratulate on your idea. Ok here we go.
‘Make in India’ ambitious to see India on the world map as a manufacturing hub and give global recognition to the Indian economy. Now India’s ranking among the world is sixth position in 2015.
Startups that are building products that belong to the manufacturing sector, is one among the most welcomed by the ‘Make in India’. This article will help you prepare, analyze and plan to run a successful manufacturing startup in India.
Performance of the sector:
India’s manufacturing sector has the potential to touch US$ 1 trillion by 2025.
In a major boost to the ‘Make in India’ initiative, Investors have committed INR 15.2 trillion (US$225.32 billion) in investment.
Electronic exports from India reached USD6.1 billion in FY15, over FY07–15, exports from the sector (CAGR: 10.2 per cent)
The Government of India has set a goal to see 25 per cent of Gross Domestic Product (GDP) from manufacturing sector by 2025, from 16 per cent currently.
Hope this helps you!!