International Journal of Applied Research
Vol. 4, Issue 2, Part C (2018)
Make in India: A quantitative approach
Make in India, a flagship project of the Government of India was launched in September 2014 with an aim to position India as a global manufacturing hub in order to attract greater Foreign Direct Investment (FDI) by fostering ease of doing business. Many economists and experts have suggested that the campaign is all about empty slogans and propaganda. This paper attempts to quantify the impact of the campaign on the Indian Economy by studying major indicators like FDI, GDP (Gross Domestic Product), Trade Openness, Exchange Rate etc. using basic econometric tools. This paper also attempts to develop some recommendations to the government basis the predictions and show the future of the campaign provided that it continues with the present vigor. We conclude that the campaign has been a success so far mainly because it is backed by major legislative and bureaucratic reforms and has a great potential to succeed in future too.
How to cite this article:
Rishabh Bhatia, Sarthak Agrawal. Make in India: A quantitative approach. Int J Appl Res 2018;4(2):152-156.