Dopady programu Make in India na přímé zahraniční investice v indickém zpracovatelském průmyslu

The program Make in India was launched by the Indian Prime Minister, Narendra Modi, the 25th of September 2014. According to the program, India should become the world's manufacturing hub. For this reason, 25 target sectors have been specified, in which the conditions for carrying out foreign direct investment (FDI) should have been gradually liberalized. The main objective of the thesis is to find whether the Make in India program influenced foreign direct investors to carry out more investments in the manufacturing industry in India between the years 2014 and 2019. The secondary objective of the thesis is to define how the Make in India program simplifies carrying out investment and doing business in the Indian manufacturing sector in general. To meet the objectives, a secondary quantitative survey of data provided by international and Indian national institutions was conducted, as well as a primary qualitative survey, which was conducted on the basis of semi-structured interviews with respondents from four Czech companies operating in the Indian market. The findings of the thesis are that the Make in India program itself has not yet significantly encouraged foreign investors to carry out FDI in India. At the same time, the Indian market is still dominated by the issue of corruption and clientelism, which may discourage foreign direct investors. The Goods and Services Tax reform and Digital India program, which are indirectly connected to the Make in India program, have contributed to improving of operating conditions in the Indian market.