Make In India Certification

Make In India Certification Make In India Certification
Make In India Certification

Make in India

The Make in India is an initiative by the Indian government to promote domestic product manufacturing. This certificate is a work of proof that a product is primarily manufactured in India, showing key details such as the percentage of local content and the manufacturer’s location.

This certification allows suppliers to receive preference in government tender platforms like GeM and NICSI.

What is a Make in India Certificate?

The Make in India Certificate is a mandatory document for Original Equipment Manufacturers (OEMs) who wish to participate in government tenders and procurements.

Manufacturers eligible for this certification must be MSMEs or local suppliers under the Make in India initiative, with a minimum turnover of Rs. 2 crores over the last three financial years.

Classification of Local Suppliers for MII Certification

The classification of local manufacturers is based on the percentage of local content in their manufactured products. Local content refers to the value added during manufacturing within India and is expressed as a percentage of the product's total value.

Class 1 Local Supplier: A supplier whose goods or services have a minimum of 50% local content added within India.

Class 2 Local Supplier: A supplier whose goods or services have local content of 20% to less than 50% added within India.

Non-Local Supplier: A supplier whose goods or services have less than 20% local content within India.

Eligibility for Make in India Certificate

1. Class 1 and Class 2 local suppliers are eligible for the Make in India Certificate. They can bid on government tenders with a purchase value below Rs. 200 crores.

2. Class 1 suppliers are only eligible for goods or services where the nodal ministry has identified sufficient local capacity and competition.

3. Global tender allows non-local suppliers to participate, along with Class 1 and Class 2 suppliers.

At YKG Corp, we simplify the MII certification process with the following steps:

Calculate Local Content: We calculate the local content added in your products to determine your eligibility as a Class 1 or Class 2 local supplier.

Document Collection: Our team collects all necessary documents, including details of local added content, and manufacturing location, to ensure accuracy in the certification process.

Verification by CA or Auditor: For procurements exceeding Rs. 10 crores, we facilitate certification by a company auditor or a practicing Chartered Accountant.

Generate the Certificate: Once all details are verified, we generate the MII certificate on your business letterhead and provide you with both soft and hard copies.

 

FAQ'S

The Make in India Certificate promotes domestic manufacturing and is essential for Original Equipment Manufacturers (OEMs) participating in government tenders and procurements.

Suppliers are classified into Class 1 (minimum 50% local content), Class 2 (20% to less than 50% local content), and Non-Local Suppliers (less than 20% local content).

Class 1 and Class 2 local suppliers can bid on government tenders valued below ?200 crores, while non-local suppliers can participate in global tenders.

YKG Corp calculates local content, collects necessary documents, verifies with auditors, and generates the MII certificate for businesses seeking certification.

The certificate provides preference in government tenders, enhances competitive advantage, and signifies a commitment to local manufacturing, fostering trust among stakeholders.

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