About

  • The Prime Minister introduced the Make in India programme in September 2014 as part of a broader set of nation-building efforts.
  • Make in India was conceived as a timely solution to a crisis situation, with the goal of transforming India into a global design and manufacturing hub.
  • The much-hyped emerging markets bubble had broken by 2013, and India’s growth rate had plummeted to its lowest in a decade.
  • The BRICS nations (Brazil, Russia, India, China, and South Africa) promise had vanished, and India had been labelled as one of the ‘Fragile Five.’
  • Global investors debated whether the world’s largest democracy was a risk or an opportunity.
  • India’s 1.2 billion citizens questioned whether India was too big to succeed or too big to fail.
  • India was on the brink of severe economic failure, desperately in need of a big push.
  • Make in India was launched by Prime Minister against the backdrop of this crisis and quickly became a rallying cry for India’s innumerable stakeholders and partners.

Goal Of Make In India

  • The target of an increase in manufacturing sector growth to 12-14% per annum over the medium term.
  • An increase in the share of manufacturing in the country’s Gross Domestic Product from 16% to 25% by 2022(Later revised to 2025).
  • To create 100 million additional jobs by 2022 in the manufacturing sector.
  • Creation of appropriate skill sets among rural migrants and the urban poor for inclusive growth.
  • An increase in domestic value addition and technological depth in manufacturing.
  • Enhancing the global competitiveness of the Indian manufacturing sector.
  • Ensuring sustainability of growth, particularly with regard to the environment.
2 months later

Make in India is a major national programme of the Government of India designed to facilitate investment, foster innovation, enhance skill development, protect intellectual property and build best in class manufacturing infrastructure in the country. The primary objective of this initiative is to attract investments from across the globe and strengthen India’s manufacturing sector.

9 days later

Make in India is an initiative by the Government of India to make and encourage companies to develop, manufacture and assemble products made in India.