Make in India Certificate - Step-by-Step Guide, Process & Expert Support
Make in India Certification: A Comprehensive Guide
The Make in India Certificate is an official document that validates a product as being primarily manufactured in India. This certificate is essential for businesses aiming to participate in government tenders and procurement processes under the Make in India initiative. It reflects the percentage of local content and provides details about the manufacturing location, ensuring compliance with the program's requirements.
This certification offers suppliers preferential access to government platforms like GeM (Government e-Marketplace) and NICSI, enhancing their competitiveness in the domestic market.
What is a Make in India Certificate?
The Make in India Certificate serves as a mandatory document for Original Equipment Manufacturers (OEMs) looking to engage in government procurement activities. It is a mark of credibility, enabling manufacturers to showcase their compliance with the local sourcing norms under the Make in India initiative.
Eligible manufacturers must be MSMEs or local suppliers with a minimum turnover of Rs. 2 crores over the past three financial years.
Classification of Local Suppliers for Make in India Certification
Local suppliers are classified based on the percentage of local content in their products:
- Class 1 Local Supplier: Goods or services with a minimum of 50% local content added in India.
- Class 2 Local Supplier: Goods or services with 20% to less than 50% local content added in India.
- Non-Local Supplier: Goods or services with less than 20% local content added in India.
Local content is calculated as the value added within India during manufacturing and expressed as a percentage of the product's total value.
Eligibility for Make in India Certificate
- Class 1 and Class 2 Local Suppliers are eligible for the Make in India Certificate and can participate in tenders with a purchase value below Rs. 200 crores.
- Class 1 Suppliers are eligible for products or services where the nodal ministry confirms sufficient local capacity and competition.
- Global Tenders allow non-local suppliers to compete alongside Class 1 and Class 2 suppliers.
Steps to Apply for Make in India Certification
At YKG GLOBAL, we simplify the process of how to apply for Make in India Certification with our streamlined approach:
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Calculate Local Content:
We determine the percentage of local content in your products to establish your classification as a Class 1 or Class 2 local supplier.
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Document Collection:
Our team gathers all necessary documents, including manufacturing location details and the percentage of local content, to ensure an accurate and efficient process.
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Verification by CA or Auditor:
For procurements exceeding Rs. 10 crores, we facilitate verification by a company auditor or a practicing Chartered Accountant.
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Certificate Generation:
After verification, we generate the Make in India Certificate on your business letterhead and provide soft and hard copies for your records.
Benefits of Make in India Certification
- Government Preference: Gain a competitive edge in government tenders and procurements.
- Credibility: Demonstrate compliance with local sourcing norms, enhancing trust and reputation.
- Market Access: Access opportunities on platforms like GeM and NICSI with ease.
- Cost Efficiency: Simplify the process and avoid penalties through expert assistance.
Why Choose YKG GLOBAL for Make in India Certification?
- Expertise in Certification: With years of experience, we specialize in assisting businesses with Make in India Certificate registration.
- Simplified Process: Our experts ensure a hassle-free application process for Make in India Certification.
- Customized Assistance: Tailored services to meet the unique needs of your business.
- Comprehensive Support: From local content calculations to document verification, we manage the entire certification process.
YKG Global is your trusted partner for obtaining the Make in India Certificate and navigating the complexities of government compliance. Contact us today to get started!
