Make in India

Make in India
CountryIndia
Prime Minister(s)Narendra Modi
Key peopleMinistry of Commerce and Industry (India)
LaunchedSeptember 25, 2014; 10 years ago (2014-09-25)
StatusActive
Websitemakeinindia.com

Make in India is an initiative by the Government of India to create and encourage companies to develop, manufacture and assemble products in India and incentivize dedicated investments into manufacturing.[1] 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.[2][3][4]

Make in India has been unsuccessful at achieving its stated targets. Under this programme, the share of manufacturing in GDP was projected to reach 25% by 2022. However, the GDP share of manufacturing has actually fallen from 16.7% in 2013-2014 to 15.9% in 2023-2024.[5][6][7][8]

  1. ^ "Look East, Link West, says PM Modi at Make in India launch". Hindustan Times. 25 September 2014. Archived from the original on 25 September 2014.
  2. ^ "Focus on 'Make In India'". Business Standard. 25 September 2014. Retrieved 27 February 2015.
  3. ^ "Make in India - About Us". www.facebook.com. Retrieved 26 May 2018.
  4. ^ "Make in India Programme, All About the Manufacture in India Initiative".
  5. ^ Raghavan, TCA Sharad (25 September 2024). "10 yrs of 'Make in India' & the manufacturing sector is back to where it was in 2013-14". ThePrint. Retrieved 1 October 2024.
  6. ^ Mondal, Dipak (26 September 2024). "Make in India fails to lift manufacturing share in GDP in 10 yrs". The New Indian Express. Retrieved 30 September 2024.
  7. ^ Shastry, Vasuki (24 September 2024). "As Modi makes ambitious pitch in the US, Make in India is qualified failure 10 years on". Scroll.in. Retrieved 30 September 2024.
  8. ^ Babu, M. Suresh (19 January 2020). "Why 'Make in India' has failed". The Hindu. Retrieved 30 September 2024.