Startup India Scheme is an initiative of the Indian government, the primary objective of which is the promotion of startups, generation of employment, and wealth creation. It was launched on the 16th of January, 2016 with around 50+ government startup schemes.
NASSCOM reported that there has been a whopping 108% increase in the Startup sector in our country. More than 1,200 startups came up in 2018, including eight unicorns,taking the total number to 7,200 startups.
INDIA has 9 unicorns ($1 billion dollar market value) formed in FY19 with around 30 potential unicorns.
The action plan of this initiative, is based on the following three pillars:
- Simplification and Handholding.
- Funding Support and Incentives.
- Industry-Academia Partnership and Incubation.
An additional area of focus relating to this initiative, is to discard restrictive States Government policies within this domain, such as Licence Raj,Land Permissions, Foreign Investment Proposals, and Environmental Clearances.
We, at PPIPL, provide best consultancy and project solutions in following industries:
India has the second largest armed forces and one of the world’s top eight defence spenders with its military budget at $ 60.9 billion. With 70 % of its defence needs met through imports, India is the second largest importer of conventional defence equipment in the world. Some estimates state that defence offsets with approximately $5.67 Billion worth of contractual offset obligations are to be met in next five to six years. The next decade will undoubtedly see India as an important part of this sector globally.
Government of India (GOI) has made the development and growth of the indigenous A&D sector as a high priority. Under the over-arching framework of the “Make in India” program, Government of India announced the Defence Procurement Procedure (DPP) 2016 which provides a massive thrust to sector.
Gujarat State accounts for 5% of the country’s population but contributes over 19% of its industrial output. In fact Gujarat is emerging as a favourable defence manufacturing base amongst the private lndian defence companies .Under the visionary ‘Make in India’ program, Government of India has granted Defence manufacturing licenses to A&D companies and Gujarat has emerged as a preferred destination for a large number of these companies that are looking to commence operations in the A&D sector.
The Government of Gujarat has announced the “Aerospace & Defence Policy, 2016” as well as “Defence Manufacturing Policy, 2016” with the intention of bringing in capital intensive defence and aerospace manufacturing to the state offering the capital subsidies, interest subsidies, various tax concessions with state Government Institutional Mechanism for boosting A & D Manufacturing.
The State Govt. is endeavouring to establish Gujarat as lndia’s leading hub for indigenous Aerospace & Defence manufacturing. India’s first smart city Dholera SIR is the focus destination for Defence Hub.
We at PPIPL have shortlisted the most feasible areas in this sector:
- Aviation & Defence
- Tourism & Resorts
- New & Renewable Source Of Energy
- Logistics & Warehousing
- Others Similar Areas
- Aeronautics Aerospace & Defence
- Artificial Intelligence ( AI)
- Airport Operations
- AR VR (Augmented + Virtual Reality)
- Architecture Interior Design
- Art & Photography
- Computer Vision
- Enterprise Software
- Finance Technology
- Food & Beverages
- Green Technology
- Healthcare & Life sciences
- House-Hold Services
- Human Resources
- Internet of Things.
- IT Services
- Media & Entertainment
- Non- Renewable Energy
- Other Specialty Retailers
- Passenger Experience
- Pets & Animals
- Professional & Commercial
- Real Estate
- Renewable Energy
- Security Solutions
- Social Network
- Technology Hardware
- Telecommunication &Networking
- Textiles & Apparel
- Transportation & Storage
- Travel & Tourism
- Waste Management
How can we help
We facilitate successful joint ventures (JV) and provide offset structuring, tax and regulatory services, transaction and implementation support. Our independent relationships with regulatory bodies and collaborations with diversified clients help us serve you better.
Our team of Professionals having wide experience in project consultancy, can deliver ultimate solutions to prospective visionary entrepreneurs willing to jump into start up ventures.