Make in India Initiative Overview

A government initiative aiming to boost India's manufacturing capabilities, encourage investment, and develop world-class infrastructure.

Aimed to increase India's manufacturing capacity by attracting foreign investment and promoting local businesses.

The initiative seeks to improve India's manufacturing capabilities and showcase its industrial potential to the world.

Aerospace & Defence, Automotive & Auto Components, Pharmaceuticals & Medical Devices, Biotechnology, Capital Goods, Textiles & Apparels, Chemicals & Petrochemicals, Electronics System Design & Manufacturing (ESDM), Leather & Footwear, Food Processing, Gems & Jewellery, Shipping, Railways, Construction, and New & Renewable Energy.

Information Technology & IT enabled Services (IT &ITeS), Tourism & Hospitality Services, Medical Value Travel, Transport & Logistics Services, Accounting & Finance Services, Audio Visual Services, Legal Services, Communication Services, Construction & Related Engineering Services, Environmental Services, Financial Services, and Education Services.

Make in India 2.0 includes 27 sectors and aims to continue the initiative's success, showcasing India as a significant player in global manufacturing.

The initiative has significantly contributed to India's economic progress and created numerous employment opportunities for its young workforce.

Make in India's approach to 'ease of doing business' aimed at attracting entrepreneurs and simplifying the process of setting up and running businesses.

A government program designed to incentivize domestic manufacturing in certain sectors through financial support and various other benefits.

A strategic initiative aiming to create a robust multimodal infrastructure network for efficient transportation and economic growth, promoting holistic planning, and coordinated implementation across various sectors.

The seven key areas of infrastructure development prioritized by PM GatiShakti, including transportation, logistics, and energy.

A core principle of PM GatiShakti, advocating for collaborative efforts between government authorities, state governments, and private organizations.

A key objective to achieve self-reliance within India, particularly in manufacturing and technology.

A national goal to achieve a US $5 trillion economy by the year 2025.

The integration and coordination of various Ministries and Departments to ensure a cohesive strategy for development under PM GatiShakti.

The strategy of synchronizing project implementations across different sectors to optimize efficiency and achieve desired outcomes under PM GatiShakti.

A government program designed to encourage the growth and development of the semiconductor industry in India by offering substantial financial support and incentives.

A major program within the Semicon India Programme which provides financial aid and support for building semiconductor fabrication facilities (fabs) in India.

A key part of the Semicon India Programme offering financial assistance and incentives for establishing display manufacturing facilities in India.

A program under the Semicon India Programme aimed at boosting research and development in areas like compound semiconductors, silicon photonics, sensors, and semiconductor packaging.

A program within the Semicon India Programme offering incentives for companies that design and develop semiconductors in India.

The National Logistics Policy was designed to streamline and improve the logistics infrastructure in India, aiming to reduce costs, improve efficiency, and make the country more competitive in global trade.

A national master plan introduced by the Indian government to improve the infrastructure and connectivity across the country, aiding in the development of a robust and efficient logistics network.

A measure of the efficiency and effectiveness of a country's logistics system, indicating its ability to move goods smoothly and efficiently.

A comprehensive program aimed at improving India's logistics sector by addressing key areas like digital systems, standardization, human resource development, government collaboration, and specialized industrial zones.

India's ambitious infrastructure initiative aimed at creating 'Smart Cities' and advanced industrial hubs by developing integrated industrial corridors with strong multi-modal connections.

A government program focusing on supporting entrepreneurs, developing a healthy startup ecosystem, and creating an environment where India becomes a hub for job creators.

A tax reform implemented in 2017 that unified India's tax system across states, simplifying the structure and reducing the burden of multiple taxes.

India's digital payment system that has gained global recognition for its advanced features and ability to surpass leading digital payment platforms worldwide.

This reform lowered production costs, making local manufacturing more competitive by reducing the GST rate on over 200 products from 28% to 18%.

The formation of this council ensured the smooth implementation of GST, fostering a stable and business-friendly tax environment in India, attracting foreign investment.

This initiative emphasizes the development of integrated industrial corridors, promoting economic growth in manufacturing and urbanization.

A digital payment system used in India, facilitating real-time transactions, and processed nearly 81 lakh crore rupees between April and July 2024.

A government initiative aimed at promoting domestic manufacturing and attracting foreign investment in India, aiming to boost the economy.

A metric used to assess the ease of doing business in a country, taking factors like regulations, bureaucracy, and investment environment into account.

Financial investments made by individuals or companies from other countries into a specific country. It indicates confidence in that country's economy.

India has experienced a surge in FDI inflows, reaching a record $84.83 billion in 2021-22, contributing to the success of the Make in India initiative.

India has significantly improved its ranking in the Ease of Doing Business index, climbing from 142nd in 2014 to 63rd in 2020, demonstrating progress in simplifying regulations and making the business environment more attractive.

India became a major exporter of COVID-19 vaccines, contributing to global vaccination efforts and showcasing its self-reliance in pharmaceutical production.

India's manufacturing sector has grown significantly, making India a global hub for vaccine production, with about 60% of the world's vaccines originating from India.

The "Make in India" initiative, launched in 2014, is a government program designed to promote manufacturing in India. It seeks to attract foreign investment, encourage domestic businesses, and develop infrastructure to create jobs and boost the economy.

The "Make in India" initiative aims to attract foreign investment into India by simplifying the process of starting and running businesses, providing incentives, and creating a more favorable regulatory environment.

The "Make in India" initiative emphasizes developing infrastructure, including roads, railways, ports, and digital connectivity, to support manufacturing growth and efficiency.

The "Make in India" initiative has been successful in increasing domestic manufacturing, attracting foreign investment, and creating jobs across various sectors. Notably, India's toy industry has seen impressive growth with 10 new toys being created every second.

The "Make in India" initiative has been lauded for its positive impact on India's economy. However, it has faced criticism from some quarters who argue that more needs to be done to address challenges such as inadequate infrastructure, bureaucratic hurdles, and a lack of skilled labor.

The "Make in India" initiative 2.0 aims to expand upon the original program's success by focusing on new sectors like renewable energy and electronics. It also targets specific goals, such as increasing the share of manufacturing in India's GDP.

"Make in India" plays a vital role in creating jobs across various sectors, significantly contributing to India's employment landscape. The textile industry, for example, has created a staggering 14.5 crore jobs.

The "Make in India" initiative strives to establish India as a global manufacturing hub by promoting innovation, attracting investment, and improving infrastructure. It aims to enhance India's global competitiveness and position it as a reliable and valuable partner in the international marketplace.