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Make in India

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Make in India

Make in India
Purpose Job Creation and Economic Development and to give the Indian economy global recognition
Owner Government of India
Website .commakeinindia

Make in India is an international marketing campaigning slogan coined by the Prime Minister of India, Narendra Modi on September 25, 2014 to attract businesses from around the world to invest and manufacture in India.[1][2][3]

Objective

Prime Minister Narendra Modi launches Make in India

The major objective behind this initiative is to focus upon the heavy industries and public enterprises while generating employment in India.[4][5]

The highlights and purpose of Come, Make in India are-

  • The campaign, 'Make in India' is aimed at making India a manufacturing hub and economic transformation in India while eliminating the unnecessary laws and regulations, making bureaucratic processes easier and shorter, and make government more transparent, responsive and accountable.[6]
  • The government emphasized upon the framework which include the time-bound project clearances through a single online portal which will be further aided by the eight-members team dedicated to answering investor queries within 48 hours and addressing key issues including labour laws, skill development and infrastructure.[7]
  • This campaign basically gives hope to the unemployed to find a decent job if not big jobs as manufacturing leads to creation of lot of service sector activity. But India will have to make sure to focus on quality education rather than just skill development. It is also hoped that this is a precursor to change some labour laws that would make investing in manufacturing more attractive to Indians as well as other nations.

Sectors included

Following sectors have been included by the Government in this campaign- [8]

  • Automobiles
  • Automobile Components
  • Aviation
  • Biotechnology
  • Chemical
  • Construction
  • Defence Manufacturing
  • Electrical Machinery
  • Electronic Systems
  • Food Processing
  • IT and BPM
  • Leather
  • Media and Entertainment
  • Mining
  • Oil and Gas
  • Pharmaceuticals
  • Ports
  • Railways
  • Renewable Energy
  • Roads and Highways
  • Space
  • Textile Garments
  • Thermal Power
  • Tourism and Hospitality
  • Wellness

Investment and development in these sectors is important for improvement of manufacturing sector in India.

References

  1. ^ A. V. Ganesan (August 31, 2014). "Come, Make In India". The Hindu. Retrieved 27 September 2014. 
  2. ^ "As it happened: PM Modi launches Make in India campaign". The Times of India. Retrieved 27 September 2014. 
  3. ^ "PM launches ‘Make in India’ global initiative Prime Minister of India:". pmindia.gov.in. Retrieved 27 September 2014. 
  4. ^ "Focus on Make In India, Ministry Of Heavy Industries & Public Enterprises". business-standard. Retrieved 27 September 2014. 
  5. ^ "PM Narendra Modi's 'Make in India' campaign: What India Inc's honchos say". economictimes. Retrieved 27 September 2014. 
  6. ^ "Narendra Modi’s clarion call to investors – Let’s Make in India, soon the world will come to us". Indian Express. Retrieved 28 September 2014. 
  7. ^ "‘Make in India’: Will global companies bite?". CNBC. 26 September 2014. Retrieved 28 September 2014. 
  8. ^ "Sectors that need attention". Government of India. Retrieved 2 October 2014. 

External links

  • Official website
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