Updated on July 06, 2024 11:46:14 PM
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.
Make in India Certificate [Sample]
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.
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.
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.
The following documents are required to prepare the Make in India (MII) certificate.
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 | ₹ 9,999/- per certificate |
| On regular basis | ₹ 7,499/- per certificate |
Note: The aforementioned Fees is exclusive of GST.
The following documents are required to prepare the Make in India (MII) certificate.
You can get your CA-certified make-in-India certificate in 3 steps with us
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
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
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.
At Professional Utilities, we leverage our industry knowledge and expertise to help businesses navigate complex regulations, minimize risks, and optimize operations for maximum efficiency and profitability.
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To verify the number of Indian components included in a product, the local supplier or seller must provide a self-certification of the product's local components (also known as a Make in India or MII certificate) in a format that has been prescribed. The "self-certification of local content" is what the "Make in India" certification for GeM boils down to.
Vendors having more than 50% of Indian components in their products are classified as class 1 suppliers as per DPIIT.
Non-local suppliers can not take part in the L1 bidding process. However, they will be allowed to participate if the tender requirement needs overseas manufacturers.
You can get an MII certificate in 3 simple steps with professional Utilities
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