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The Make in India initiative was launched in 2014 by Prime Minister Modi to encourage companies to manufacture in India and provide incentives for investments. The goal was to transform India into a global manufacturing hub and create jobs by targeting 25 economic sectors. Objectives included promoting new technology development, reducing unemployment, and strengthening the economy. Responses have been positive with many electronics and mobile companies establishing plants in India, bringing investments and thousands of jobs. Cooperation with countries like Japan, Russia, and others will further aid the Make in India campaign's aims.

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33 views4 pages

Mygov 999999999784923925

The Make in India initiative was launched in 2014 by Prime Minister Modi to encourage companies to manufacture in India and provide incentives for investments. The goal was to transform India into a global manufacturing hub and create jobs by targeting 25 economic sectors. Objectives included promoting new technology development, reducing unemployment, and strengthening the economy. Responses have been positive with many electronics and mobile companies establishing plants in India, bringing investments and thousands of jobs. Cooperation with countries like Japan, Russia, and others will further aid the Make in India campaign's aims.

Uploaded by

Abhigyan Dihingia
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MAKE IN INDIA

● What is “ Make In India” ?


Make in India is an initiative by the Government of India to make and
encourage companies to manufacture in India and incentivize dedicated
investments into manufacturing.The policy approach was to create a
conducive environment for investments, develop a modern and efficient
infrastructure, and open up new sectors for foreign capital. The initiative
targeted 25 economic sectors for job creation and skill enhancement, and
aimed "to transform India into a global design and manufacturing hub."

Make in India was launched by Hon’ble Prime Minister Narendra Modi


on 25 September 2014 at Vigyan Bhawan, New Delhi. On the
inauguration of Make in India, all international and Indian companies
were invited to support this campaign.
● THE MAIN OBJECTIVE OF MAKE IN INDIA:-
● The objective of the Make in India campaign is to promote the
development of new technology in India and products made in
India.
● In India, till date, there exists illiteracy, unemployment, and
decline in the number of women, corruption, poverty and reduction
in health services.The Make in India campaign is a very good
initiative to remove all these difficulties from India.
● The main objective of this scheme is to ensure strong development
and valuable employment in the country to every household with
the help of big investors.
● The youth of the country will get a chance to share their thoughts
with everyone. The youth of the country would not prefer to work
abroad.

● ADVANTAGES OF MAKE IN INDIA:-


● With the help of the Make in India campaign, much-unemployed
youth are getting employment due to which the country will also
developing.
● With this campaign, we will see our country India in the list of
other developed countries soon.
● If companies from foreign countries will build branches in our
country, they will also benefit along with our India and the people
of the country will also be able to provide products at a lower
price, people will get jobs.
● This will improve and develop the country’s economy.
● The Make in India campaign has created a revolution in the field of
investment in international trade in India.
● Every day some big international company is investing in India
and starting its branches in India which will be a good medium of
employment for the people in the coming years.

● RESPONSE TO MAKE IN INDIA:


● From November 2015, several electronic companies from all over
the world have sent proposals to the Indian government that want
to start working in India.
● It was only in January 2015 that Samsung Mobile Company CEO
Hyun Chil Hong met MSME Minister Kalraj Mishra, and talked
about working together and also about its plant in Noida.
● In December 2015, VIVO Mobile Company started manufacturing
its mobiles in Noida, employing 2200 people.
● In February 2015, XIAOMI Mobile Company proposed to work
with the Government of Andhra Pradesh and in August 2015,
Lenovo said that it’s Motorola mobile phones have started being
manufactured at the plant near Chennai.
● In December 2015, the Prime Minister of Japan was in India, he
gave a fund of 12 lakh crores from Japan for the Make in India
project.
● With this, when Narendra Modi was on a tour of Russia in
December, he signed the biggest deal so far under the Make in
India campaign. Malti role helicopter is made in India which
Russia decided to buy.

JAY HIND

CDT. PIYUSH MAURYA

1 MAH. ARMD. SQN.

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