International Journal of Applied Research
Vol. 2, Issue 1, Part I (2016)
Role of Make in India as driver of growth in manufacturing sector
Make in India Campaign is an initiative of Prime Minister Narendra Modi on 25 September 2014 by addressing a mass audience including both national and international entrepreneurs in New Delhi. This is an international marketing strategy conceptualized by the PM of India to attract investments from businesses all over the world and transforming India into a global manufacturing Hub. For promoting this campaign the web portal, logo and brochures are used for detailing 25 priority sectors of the economy. The objective behind this initiative is to focus on job creation, skill development and innovation and to align India’s manufacturing sector into the Global Value Chain by encouraging Public Private Partnership (PPP), Joint Ventures (JV), Foreign Direct Investment (FDI) inflow, and advancing Ease in Doing Business (EDB). Higher education will also play a significant role in improving the quality of Research and Development (R&D). This scheme focuses on acceleration of economic growth to the new heights and to pull back the economy from clutches of recession. Currently India’s GDP is heavily tilted in favour of service sector. In this paper my objective is to study the role of Make in India as a driver of growth in different sectors and its opportunities, challenges, changes needed and used the Secondary data for the purpose of the study. The secondary data collected from journals, magazines articles, brochures, annual report etc.
How to cite this article:
Pratiksha Mishra, Dr. Taruna. Role of Make in India as driver of growth in manufacturing sector. Int J Appl Res 2016;2(1):591-594.