Make in India-Initiatives

MAKE IN INDIA
KEY INITIATIVES
M
“Make in India” initiative has been a cornerstone in transforming

India into a global manufacturing hub.
 With a strong focus on enhancing industrial capabilities, fostering
innovation, and creating world-class infrastructure, the
initiative aims to position India as a key player in the global economy.
Key Initiatives to Enable Make in
India
I. Production-linked Incentive (PLI)
II. Semiconductor Ecosystem Development
III. PM GatiShakti
IV. National Logistics Policy
V. National Industrial Corridor Development Programme
VI. Startup India
VII. Tax Reforms
VIII.Unified Payments Interface
Production linked Incentive
(PLI) Schemes
Aligned with India’s vision of becoming 'Atma nirbhar' (self-reliant), the Production Linked
Incentive (PLI) Schemes were introduced to enhance the country’s manufacturing capabilities
and boost exports.
With an impressive outlay of ₹1.97 lakh crore (over US$26 billion), these schemes cover 14 key
sectors aimed at fostering investment in cutting-edge technology and promoting global
competitiveness.
The primary goals of the PLI Schemes are to attract substantial investments, incorporate
advanced technology, and ensure operational efficiency. By fostering economies of scale and
enhancing global competitiveness, these schemes are expected to significantly boost production,
stimulate manufacturing activities, and contribute to economic growth over the coming years
Sectors covered under the PLI Scheme
• Mobile Manufacturing and Specified Electronic Components • Electronic/Technology Products
• Critical Key Starting Materials/Drug Intermediaries & Active • White Goods (Air Conditioners and LEDs)
Pharmaceutical Ingredients
• Food Products
• Manufacturing of Medical Devices
• Textile Products: MMF segment and technical textiles
• Automobiles and Auto Components
• High Efficiency Solar PV Modules
• Pharmaceuticals Drugs
• Advanced Chemistry Cell (ACC) Battery
• Specialty Steel
• Drones and Drone Components\
• Telecom & Networking Products
As of July 30, 2024, 755 applications have been approved across these sectors, leading to an investment
realization of ₹1.23 lakh crore by March 2024. This investment has generated employment for
approximately 8 lakh individuals, marking a significant stride towards achieving the objectives of the PLI
Scheme.
PM GatiShakti
Launched on October 13, 2021, PM GatiShakti is a strategic initiative aimed at achieving
Aatmanirbhar Bharat and a US $5 trillion economy by 2025 through the creation of multimodal and
last-mile connectivity infrastructure.
By enhancing logistics efficiency and bridging critical infrastructure gaps, PM GatiShakti fosters a
‘whole of the government’ approach to transform India’s infrastructure landscape.
PM GatiShakti is a transformative approach for economic growth and sustainable development. The
approach is driven by 7 engines.
These engines are supported by the complementary roles of Energy Transmission, IT
Communication, Bulk Water & Sewerage, and Social Infrastructure.
The approach is powered by Clean Energy and Sabka Prayas – the efforts of the Central
Government, the state governments, and the private sector together – leading to huge job and
entrepreneurial opportunities for all, especially the youth.
7 engines of PM Gati Shakti
Mass Logistics
Railways Roads Ports Waterways Airports
Transport Infrastructure
Semiconductor Ecosystem
Development
The Union Cabinet approved the Semicon India programme in 2021, with a
substantial financial outlay of INR 76,000 crore
This initiative is designed to foster the development of a sustainable semiconductor
and display ecosystem in the country.
Aim
To provide a significant impetus to semiconductor and display manufacturing by
facilitating capital support and promoting technological collaborations.
The Semicon India Programme encompasses four
key schemes:
• Modified Scheme for Setting Up Semiconductor Fabs in India

• Modified Scheme for Setting Up Display Fabs in India
• Modified Scheme for Setting Up Compound Semiconductors, Silicon Photonics,
Sensors Fabs, and Discrete Semiconductors, along with Semiconductor Assembly,
Testing, Marking, and Packaging (ATMP) / OSAT Facilities in India
• Design Linked Incentive (DLI) Scheme
National Logistics Policy
• Launched on September 17, 2022, the National Logistics Policy (NLP) was
introduced to complement the PM GatiShakti National Master Plan by focusing
on enhancing the soft infrastructure of India’s logistics sector.
• The NLP aims to drive economic growth and competitiveness through an
integrated, efficient, and sustainable logistics network by leveraging advanced
technology, improved processes, and skilled manpower.
• Its targets include reducing logistics costs, improving India's Logistics
Performance Index ranking to among the top 25 countries by 2030, and
developing a data-driven decision support system.
• To meet these objectives, the Comprehensive Logistics Action Plan (CLAP) was
rolled out, addressing key areas such as digital logistics systems, standardization,
human resource development, state engagement, and logistics parks.
The National Industrial Corridor
Development Programme
• The National Industrial Corridor Development Programme is India's most
ambitious infrastructure initiative, aiming to create "Smart Cities" and advanced
industrial hubs.
• This program focuses on developing integrated industrial corridors with robust
multi-modal connectivity, promoting growth in manufacturing and systematic
urbanization.
• Recent cabinet approval of 12 new project proposals, involving an estimated
₹28,602 crore investment, marks a significant step in this transformative effort,
positioning India as a leading global destination for manufacturing and
investment.
Startup India
• Launched on January 16, 2016, the Startup India Initiative has rolled out several
programs aimed at supporting entrepreneurs, building a robust startup
ecosystem, and transforming India into a country of job creators instead of job
seekers.
• As of September 25, 2024, India boasts the third-largest startup ecosystem in the
world, with 148,931 DPIIT Recognized Startups, which have created over 15.5
lakh direct jobs. This remarkable growth underscores the initiative's success in
fostering innovation, enhancing employment opportunities, and driving economic
development across the nation.
Tax Reforms
• The implementation of the Goods and Services Tax (GST) on July 1, 2017, marked
a significant step in India's tax reforms, especially in the context of the Make in
India initiative.
• GST unified the country’s 36 states and union territories into a single common
market, simplifying the tax structure and reducing the cascading effect of
multiple taxes. This has lowered production costs, making local manufacturing
more competitive.
• The GST rate on over 200 products was reduced from 28% to 18%, enhancing
overall efficiency and productivity. The formation of the Goods & Services Tax
Council has further ensured the smooth implementation of GST, boosting foreign
direct investment by fostering a stable and business-friendly tax environment.
Unified Payments Interface
• India's Unified Payments Interface (UPI) has emerged as a frontrunner in the
global digital payments landscape, showcasing its remarkable capability to
surpass the world's leading digital payments platforms. With an impressive 46%
of the global real-time payment transactions occurring in India, UPI has firmly
established itself as a significant player in this sector.
• In a striking demonstration of its growth, UPI processed nearly ₹81 lakh crore in
transactions between April and July 2024 alone. This achievement not only
highlights the robustness of UPI but also reflects the increasing trust and reliance
on digital payment solutions among Indian consumers. The platform's user-
friendly interface, combined with widespread acceptance across various sectors,
has made it a cornerstone of India's digital economy, setting a benchmark for
other countries to follow.
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MAKE IN INDIA

“Make in India” initiative has been a cornerstone in transforming

• Modified Scheme for Setting Up Semiconductor Fabs in India

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