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Make In India Initiative To Make India A Manufacturing Hub

Make_In_India
Make In India Initiative To Make India A Manufacturing Hub

STARTUP

Make In India Initiative To Make India A Manufacturing Hub

Make in India is a unique Indigenous movement started by Government of India. The latent potential for manufacturing in India needs a harnessing of associated skills and professionalism. So that, It will lead us to the hub of world class manufacturing.

Understanding the potential NDA government on 25 September 2014 announced Make In India programme. It is a flagship programme of NDA government. The main aim is to transform the country into global design and manufacturing Hub in Make In India movement. The large employment generation and world class skill development are the spinoffs of the movement. These four words are simple to utter but convey the deeper meaning for the complete transformation of thinking in principle and execution on ground. A tough challenge of bridging technology and skill gap at  the earliest and emerge as the power in technology forefront.  A time, it creates the user-friendly environment for workers, professionals and artisans in India itself than being treated as a raw material for western societies.

Honorable Prime Minister of India Shri Narendra Modi

Honorable Prime Minister of India Shri Narendra Modi

Make in India have their dedicated portal with 25 websites for each sector and launched the campaign under the professional consultants. ‘Zero Defects Zero Effect’ is a slogan raised in Make in India movement assuring defect free production with no effect on environment. Programme organises trade fairs and seminars to sensitise the local manufacturers and vendors and investors of country and from abroad about new initiatives. While individual ministries are taking proactive action to avoid gaps in sloganeering and ground level situations. As a result, numerous investments requests have posted to individual states. State of Maharashtra is leading with maximum enquires of investment.

They have chosen twenty-five sectors for Make in India concept. Hundred percent foreign direct investment allowed in each sector except Defence and Space. These sectors are automobiles and spares, aviation, biotechnology, chemicals, construction, defence, defence exports, electronic systems, electrical machinery, food processing, IT and business processes,mobile phones, leather, media and entertainment, mining, oil and gas, Pharmaceuticals, ports and shipping, Railways, renewable energy,  roads and highways, space and astronomy, thermal power, textile, tourism, hospitality and wellness and health.

Some notable achievements are,

  1. Hitachi announced automotive spare parts plant at Chennai.
  2. Kia is building car manufacturing plant in Anantpur in AP.
  3. Rs 50,000 CR ammunition production for Army
  4. Up gradation of T-75 tanks of Myanmar.
  5. Export of Astra missiles to UAE.
  6. Export of DRDO radars to Armenia.
  7. XIOMI, HMD global, Wistron, VIVO, Samsung, Spice Group, Micromax to set up manufacturing facilities in India.
  8. Foxcon and Huawei to set up research and development centre in India.
  9. Major Indian cuisines promoted in the ongoing campaign.
  10. Alstom/GE manufacturing of locomotives in Bihar.
  11. Trial of train 18 in progress.
  12. Set up a medical city in Guwahati.
  13. Patanjali to set up Healthcare university and 10000 gyms in Haryana
  14. NLC to build 2000MW thermal power plant in Odisha.

This is a very cursory mention of the activities taken up by the Make in India project. Investments are picking up so the employment and the wealth generation. Only required to keep the motivation up and going.

On launch, Make in India received investment proposals worth 16.40 lakh crores in first two years and India emerged as preferred global destination for investment. Besides the pouring investments, India–Japan Set up Make in India investment facility Fund to push the investment. In line with the make in India initiative several states have launched their programmes to attract the global investments. Movements like Vibrant Gujarat, Happening Haryana and Magnetic Maharashtra are examples of state initiatives in Make in India.

Make in India has given a thrust to other projects like Bharatmala, Sagarmala, Dedicated fright Corridor, UDAN-RCS, Bharat broadband Network and Digital India. It will push the nation in higher growth bracket. With, Make in India initiative government has taken big decisions towards economic liberalisation as a result country has rose to 42 places in ease of doing business index. Rose by 32 places in global competitiveness Index and by 19 places Logistics performance Index. This a great achievement since the globalisation of Indian economy in 1992.With the help of United Nations Development Programme and National Productivity Council, Government sensitised states for ease of doing business and other areas and has shown magnificent results.

Make in India will change the business environment and rewrite the rules of entrepreneurship in coming years. It has created positive buoyancy to Indian Market. It is not revolving around same old player in industry but adding new entrants to the field. It will add value to our lives, boost our image in the outside world and recapture our lost glory. Make in India will help us to free from the age old image provider of raw material, ore or manpower.

Disclaimer: The views and opinions expressed in this article are those of the author(s) and do not reflect the official position of TheTerse.in. Article had been published on as-is basis and TheTerse.in does not assume any responsibility or liability for any information(s) on this article.

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