In 2014, India embarked on a visionary journey with the launch of the ‘Make in India’ program, a transformative endeavour aimed at propelling the nation into a global manufacturing powerhouse. A decade later, as we reflect on the impact of this initiative, it is evident that ‘Make in India’ has not only reshaped the economic landscape but has also played a pivotal role in bolstering sectors crucial for national security and technological advancement.
The Government of India unveiled the ‘Make in India’ initiative, envisioning a future where India’s prowess in manufacturing would lead global economic dynamics. The overarching goal was to elevate the contribution of manufacturing to India’s GDP, foster job creation, and position the country as a formidable player on the global economic stage. The success of Make in India lies in its multifaceted approach, addressing regulatory complexities, promoting innovation, and attracting both domestic and foreign investments.
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Esta historia es de la edición January 2024 de The Machinist.
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WE AIM TO DOUBLE OUR REVENUE TO RS 6,500 CRORE BY 2025
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As the industry delves into AI and cloud computing, the article explores the many challenges and opportunities that will influence the future of Indian manufacturing.
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