Make in India certification: Initiative for MSMEs
Make in India is initiated with the sole aim of inviting various commercial sectors from around the world to manufacture their products in India and sell them worldwide.
MII undertaking is now mandatory for MSMEs to participate in government tenders as the government encourages local manufacturers and service providers through various schemes and policies.
There are several other advantages and benefits that the Make in India initiative has brought to the Indian economy. Because businesses worldwide have invested significantly in the Make in India program and have seen success, India has become a center for manufacturing enterprises.
The Make in India Specific Authorization Certificate is important for India's industrial transformation. This certificate signifies a company's commitment to promoting domestic production, innovation, and economic self-reliance. This will increase the visibility and marketability of Indian products and services both nationally and globally. This certification assures consumers, investors, and partners about the quality, reliability, and sustainability of Indian products and services.
Overall, the Make in India (MII) Certificate is a key factor in economic growth, industrial development, and global leadership, making India a preferred destination for investment, innovation, and manufacturing excellence. MIL initiative boosts economic growth, increases exports, and reduces dependence on imports. In this article, we will explore the benefits of the Make in India certificate and how it catalyzes economic growth, job creation, and technological advancement.
What is the Make in India (MII) Certification?
Make in India is a certification for local OEMs that MSMEs require to ensure that their products are predominantly manufactured in India only. MSMEs are expected to comply with this requirement in light of recent efforts to encourage domestic manufacturing and strengthen the Indian industrial complex.
Classification of MII local suppliers as per DPIIT
Classes of Local suppliers based on local content as per the revised PPP-MII Order dated 04.06.2020 issued by the Department for Promotion of Industry and Internal Trade (DPIIT) are as under.
Local content is described as: "local content is the percentage of Indian materials used for manufacturing a particular product".
Class-1 local supplier: A vendor or service provider whose goods, services, or works submitted for procurement have a local content percentage equal to, or greater than 50% will be considered a class-1 local supplier or vendor.
Class-2 local supplier: A vendor or services provider whose items, services, or works are available for procurement has a local content greater than 20% but less than 50%.
Non-local Supplier: A supplier or service provider whose goods, services, or works are being offered for procurement has a local content that is less than or equivalent to 20% of the total.
Why do MSMEs require Make in India Certification
As per the revised released circular no, P-45021/2/2017-PP (BE-II), Only 'Class-I local suppliers' and 'Class-II local suppliers' shall be eligible to bid in the procurement of all goods, and services, or works, with an estimated value of purchases less than Rs. 200 crores.
Therefore it is now obligatory for OEMs to produce an undertaking of MII to participate in bidding in Government tender and public procurements such as on the GeM portal or NICSI.
Documents required for Make in India certification
The following documents are required to prepare the Make in India (MII) certificate.
- GSTIN certificate
- Gem OEM certificate
- Purchase bill for the supplier
- Purchase bill of machines, tools & other critical equipment used in manufacturing process
- Details of components that have been used in the making of a product
- Monthly manufacturing capacity
- monthly utilization capacity
- Manufacturing floor diagram
Fee for Make in India certification
The professional fee for preparing a CA-certified MII certificate on an urgent
basis is ?9,999, and the issuance of regular certificate costs around ?7,499.
| Particulars | Fees |
| On urgent basis | Rs 9,999/- per certificate |
| On regular basis | Rs 7,499/- per certificate |
Note: The aforementioned Fees is exclusive of GST.
Procedure for the preparation of MII certificate
The following documents are required to prepare the Make in India (MII) certificate.
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- Detail and documentation of the product
- Break-up of raw material used in the manufacturing
- Calculation of the percentage of Indian & overseas components
- Verified and certified by authorized Chartered accounts (CAs)
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How to Get MII certificate with Monitrix
Step 1:
Get in touch via call or contact form
Step 2:
Provide necessary documents
Step 3:
Issuance of MII certificate within the due date
Benefits of Make in India certification
The Make in India certificate helps Indian manufacturers to promote their products as being locally made, thereby increasing their credibility in the market.
These are the following benefits of MII certificate for GeM
- Preference during L1 bidding to MII certified vendors
- Help build the image of brand India and self-reliability
- Preference in bids and tender to mii certified vendors.
- Export benefits to make in india producer
- Enable the showcasing of products made in India during events as a part of the Make in India initiative
Conclusion
The 'Make in India' certificate is crucial in encouraging local production and economic self-reliance. This reflects India's commitment to providing an enabling environment for domestic manufacturing and innovation. Increasing local production will stimulate economic growth, increase employment, develop technology, and make Indian products and services more competitive in the world market. This initiative not only empowers Indian businesses but also strengthens the country's position as a big player in the global market. This also fosters cooperation between government and industry, while fostering innovation. It represents a transformative journey towards realizing the vision of a self-reliant and resilient India on the global stage.