Make in India and Manufacturing Policy — Policy Reforms

Entry	Year	Description	Impact
Companies Amendment Act	2017	Introduced significant changes to the Companies Act 2013 to ease compliance burden for businesses under Make in India. Key changes included relaxation of CSR compliance for smaller companies, simplified procedures for mergers and acquisitions, and reduced regulatory requirements for startups and small companies.	Reduced compliance costs and procedural complexity for manufacturing companies, making it easier for domestic and foreign investors to establish and operate manufacturing units in India, directly supporting Make in India objectives.
FEMA Amendment	2020	Multiple amendments to Foreign Exchange Management Act regulations to liberalize FDI norms across sectors. Key changes included increasing FDI limits in defense manufacturing, insurance, and single-brand retail, and introducing automatic route approvals for several sectors previously requiring government approval.	Significantly enhanced foreign investment flows into manufacturing sectors, with FDI inflows reaching record levels and positioning India as one of the most open economies for foreign investment, directly supporting Make in India's global integration strategy.