Make in India is a government movement started by the government of India on 25th September 2014 to encourage companies to make and manufacture their products in India. Make in India is a type of Swadeshi movement that covers more than 25 sectors of the Indian economy. It is a part of the digital India campaign. The make in India movement aims to bring economic change in the country by encouraging companies to manufacture in India with investments into manufacturing. There have been a lot of opinions on the movement and regarding its success or failure. But, the aim was to make sure India wasn’t behind in making its products and not relying more heavily on foreign goods. It aims to give India a world-class manufacturing status and to be globally competitive.
India has received investment commitments over USD 240 billion and investments over $22 billion between 2014 and 2016. Due to this, India emerged as the top global destination for direct foreign investment. As per the policy, 100% foreign direct investment (FDI) is allowed in all the 25 sectors except for space industry, defence industry and media of India sectors. In line with this movement, many states have also started their independent movements such as “Make in Odisha,” “Magnetic Maharastra,” “Vibrant Gujarat” etc. By the end of 2017, India rose 42 places in the ease of doing business index, 32 places in Global Competitiveness index and has seen a steep rise in the number of manufacturers in India.
The dedicated website for the movement is www.makeinindia.com. It shows all the 25 sectors involved such as automobiles, chemicals, aviation, IT, etc. The initiative was highlighted in many critical international events. Due to this movement, India has shown the remarkable structural transformation, and it has changed the way of doing business in India. The number of investments and investors that this movement brought to India is tremendous, and it is one of the best government initiatives to be taken up the Modi government.
The make in India campaign has boosted the Indian economy. It has taken India to a whole different level. It has made India a very good destination for doing business. The government policies underlying this movement have made India into a business hotspot. The major companies that have arrived in India after the movement has bolstered the technological improvement of the country. We have seen stark increases in economic scales of India. All the 25 sectors have benefitted from the movement as many Indian youths have got jobs in the sectors which are non-existent before the movement. The movement is surely a step in the right direction for the development of India.
Overall, make in India movement is one of the most successful initiatives of the Indian government. Even foreign companies have joined in. Japan has paired up with India to start “Japan-India Make in India Special Finance Facility” fund to increase investments in India. This is a good sign for India as the country is rapidly growing and starting to become one of the best business spots in the world.

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