10 Years of Make in India
The ‘Make in India’ initiative, launched on September 25, 2014, has completed 10 years, positioning India as a global manufacturing hub.
Key Objectives
- Increase industrial growth to 12-14% per year.
- Create 100 million jobs in the manufacturing sector.
- Raise the manufacturing sector’s share to 25% of GDP by 2025.
Make in India 2.0 (2021)
- Focus: 27 sectors across ministries & state governments.
- Four Core Pillars:
- Ease of Doing Business
- Infrastructure Development
- Expanded FDI Opportunities
- Facilitatory Government Approach
Key Achievements
- 2nd-largest mobile manufacturer globally.
- Leading renewable energy producer.
- Major exporter of pharmaceuticals & defense equipment.
- Ease of Doing Business Rank: Improved from 142 (2014) to 63 (2020).
- Reforms: Insolvency and Bankruptcy Code, ....
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