A brainchild of Prime Minister Narendra Modi, Make in India, in its decade-long journey, has given extraordinary impetus to our collective resolve and pursuits to be self-reliant, ultimately becoming a Viksit Bharat (developed India) by 2047. Aimed at promoting manufacturing and encouraging foreign investment in various sectors, the initiative has played a critical role in creating a conducive environment for businesses, both domestic and international, to set up manufacturing units in India. It has given a big boost to job creation, skill development, and technological advancement within the country.
Make in India, which seeks to position Bharatvarsh as a global manufacturing hub and drive economic growth by fostering innovation and industrialisation, has significantly impacted manufacturing sectors comprising aerospace and defence, automotive and auto components, pharmaceuticals and medical devices, bio-technology, capital goods, textiles and apparel, chemicals and petrochemicals, electronics system design and manufacturing (ESDM), leather and footwear, food processing, gems and jewellery, shipping, railways, construction, and new and renewable energy.
This story is from the January 2024 edition of The Machinist.
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This story is from the January 2024 edition of The Machinist.
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