Make in India

•An initiative established in 2014 by Prime Minister Narendra Modi with the goal of boosting domestic
manufacturing and attracting foreign investment.
•The Department for Promotion of Industry and Internal Trade (DPIIT)

• Ministry of Commerce and Industry
• Government of India, are leading the initiative.
Various Sectors Involved in Make In India
• Manufacturing Sector
• This includes Aerospace and Defense, Automotive and Auto Components,
Pharmaceuticals and Medical Devices, Bio-Technology, Capital Goods, Textile
and Apparels, Chemicals and Petrochemicals, Electronics System Design and
Manufacturing (ESDM), Leather & Footwear, Food Processing, Gems and
Jewelry, Shipping, Railways, Construction, New and Renewable Energy.
• Services Sector
• This includes Information Technology & Information Technology enabled
Services (IT &ITeS), Tourism and Hospitality Services, Medical Value Travel,
Transport and Logistics Services, Accounting and Finance Services, Audio
Visual Services, Legal Services, Communication Services, Construction and
Related Engineering Services, Environmental Services, Financial Services,
Education Services.
Objectives of Make In India Initiative
• To increase the potential of the manufacturing sector to 12-14% per year.

• To create 100 million additional jobs in the manufacturing sector by 2022.
• To increase the share of the manufacturing sector in the GDP to 25% by 2022.
• Ensure adequate development of skills amongst the urban poor and the rural
migrants to foster inclusive growth. To encourage environmentally sustainable
growth.
• Enhancing the global competitiveness of the Indian manufacturing sector.
• Various sectors such as railways, insurance, defense, and medical devices were
opened up for more Foreign Direct Investment (FDI).
Various Schemes Launched Under Make in
India Initiative
Skill India
• Skill India's mission aims to skill at least 10 million individuals in various
sectors in India In order to take the Make in India initiative forward to turn
into a reality, there is a need to upskill the large human resource available.
• Its importance increases due to the fact that the percentage of formally skilled
workforce in India is only 2% of the population.
Startup India
• This program was initiated to build an ecosystem that could facilitate the
growth of startups, drive sustainable economic growth, and create large-scale
employment.
Digital India
• Digital India initiative was brought in to transform India into a knowledge-
based and digitally empowered economy.
• Digital India is a flagship programme of the Government of India with a vision
to transform India into a digitally empowered society.
• It gave impetus to E-governance initiatives in India for wider sectoral
applications with emphasis on citizen-centric services
Pradhan Mantri Jan Dhan Yojana (PMJDY)
• It was undertaken to ensure financial inclusion and access to financial services,
such as banking savings & deposit accounts, remittances, credit, insurance,
pension in an affordable manner.
Smart Cities
• It was brought in to transform and rejuvenate Indian cities.
• The goal is to create 100 smart cities in India through several sub-initiatives. It was
launched in 2015.
• The cities were given five years to complete the projects under the mission, with the
first set of Smart Cities expected to complete in 2021.
AMRUT
• It is known as the Atal Mission for Rejuvenation and Urban Transformation.
• This initiative focuses to build basic public amenities and making 500 cities in India
more livable and inclusive.
Swachh Bharat Abhiyan
• It was undertaken by the government for making India a nation promoting cleaner
and basic sanitation and hygiene.
Sagarmala
• This scheme aims at developing ports and promoting port-led development in the country.
• It is the flagship programme of the Ministry of Shipping to promote port-led development
in the country by exploiting India's 7,517 km long coastline, 14,500 km of potentially
navigable waterways and its strategic location on key international maritime trade routes
International Solar Alliance (ISA)
• It is an alliance of 121 countries, most of them being sunshine countries, which are those
that lie either completely or partly between the Tropic of Cancer and the Tropic of
Capricorn.
• This initiative will promote research and development in solar technologies and formulate
policies in that regard.
AGNII
• AGNII or Accelerating Growth of New India’s Innovation was launched to achieve
the innovation ecosystem in the country by connecting people and assisting in
commercializing innovations.
Reasons for not achieving the targets of Make
in India
• Make in India was overly reliant on foreign funding and global markets for its
investments and products. As a result, domestic production had to be planned around demand
and supply conditions elsewhere, which added to the uncertainty.
• It absorbed far too many sectors, resulting in a lack of policy concentration.
• The twin deficits of fiscal and current account deficits were of greater concern to
policymakers. However, they overlooked the economy's third deficit, the Implementation
Deficit.
• This has resulted in a situation where the 'ease of doing business' ranking has risen
dramatically, yet investments have yet to arrive.
• The investment issue is partially attributable to the economy's declining savings rate and partly
owing to the banking sector's nonperforming assets (NPA) crisis.
• 12-14% annual growth rate is significantly above the capacity of India's industrial
sector.
• FDI inflows to India are primarily oriented to the capital markets, despite the fact
that India is one of the world's top FDI destinations, with inflows of $49 billion in 2019. In
2019, manufacturing FDI was barely around $8 billion.
Make In India 2.0
• Some newer sectors have been added that
have the potential to become global
champions and drive double-digit growth
in manufacturing in the coming years such
as capital goods, Auto, Defense,
Pharma, Renewable energy,
Biotechnology, Chemicals, Leather,
Textiles, Food processing.
• For the manufacturing sector, plans are
coordinated by the Department for
Promotion of Industry and Internal Trade
(DPIIT) while the Department of
Commerce is coordinating service sectors.

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Make in India

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•An initiative established in 2014 by Prime Minister Narendra Modi with the goal of boosting domestic

manufacturing and attracting foreign investment.

•The Department for Promotion of Industry and Internal Trade (DPIIT)

• To increase the potential of the manufacturing sector to 12-14% per year.

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