Professional Documents
Culture Documents
Make in India
Make in India
INDIA
GE MANDATORY ECONOMICS
GROUP 2
Anshuka Sethi
Arghya Rai
Arnaz Sethna
Dhruv Chandra
Jipsa Gautam
Madhurima Ekka
Rohini Khemnar
CONTENTS
03
INTRODUCTION
06
IMPORTANCE OF THE
MII PROGRAM
12
ACHIEVEMENTS OF THE
MII PROGRAM
21
SHORTCOMINGSOF THE
MII PROGRAM
27
NOTABLE STATISTIC
ABOUT THE MII
29
EXAMPLES OF INDIAN
FASHION BRANDS
35
BIBLIOGRAPHY
2
INTRODUCTION
Make in India is an initiative taken up by the Government of India which
was launched in September 2014. It focuses on 25 sectors for job creation
and skill enhancement.
The main goal behind introducing this program was to transform India
into a global design & manufacturing hub by creating a conducive
environment for investors. India has always been a service-driven country
with the manufacturing sector taking only a 15% share in the Indian
economy. Therefore, the government wanted to increase the investors’
confidence by improving the country’s ‘Ease of Doing Business index.
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Automobile Automobile Aviation Leather Oil Gas
components
Media Food
on the 25 Space Railways
entertainment
Mining
processing
Skill India
Startup India
Digital India
Pradhan Mantri Jan Dhan Yojana (PMJDY)
Schemes Smart Cities
associated AMRUT
Swachh Bharat Abhiyan
with Make in Sagarmala
India International Solar Alliance (ISA)
AGNII
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MAKE IN INDIA TARGETS
The Government of India aims to achieve certain
targets through the MII mission. They are:
5
THE IMPORTANCE OF THE MII PROGRAM
6
MAJOR HIGHLIGHTS OF THE
"MAKE-IN-INDIA" WILL INCLUDE
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India earlier ranked 130th on the ease of doing business index but with
opening up of sectors it has positioned itself at 63th rank. It can be said
that the easing of restrictions has brought the world to the doorstep of
Indian economy.
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Technology Enhancement
India is a developing economy and it falls short on updated
mechanics and technology, which is a big hindrance in the way of
development of the country.
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ACHIEVEMENTS OF
THE MII PROGRAM
Overall Achievements
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AVIATION
The aviation sector is expected to take a boom when we land in 2022.
FDI grew 5 times - from USD 229 million (2010-14) to USD 1148 million
(2014-18) in Air Transport sector
160 airports being revived & operationalized
By 29 % the passengers carried by domestic airlines have increased .
Common User Domestic Cargo Terminals have been operationalized
in 13 cities to facilitate everything related to cargo services under one
roof.
BIOTECHNOLOGY
The biotechnology industry owes its success to the R&D activities and growing
government initiatives
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CONSTRUCTION
The demand for real estate and infrastructure projects has been
increased over the years. The identification of smart cities has been a
smart move which intends to utilize the resources in the best possible
manner
During the month of October 2020, about 23.53 lakh households have
been provided with a tap water connection.
The construction sector is the industry which is on 2nd no in providing
employment, after agriculture.
DEFENSE
India has opened its doors of the defence sector to privatization which was a very
essential step to leverage the domestic markets and meet the defence needs
India has decided to set up two Defence Production corridors in Uttar Pradesh and
Tamil Nadu.
Various products manufactured in India like HAL Tejas Light combat aircraft by
sourcing 95% of the resources required locally.
ELECTRICAL MACHINERY
In the electrical machinery sector, Indian manufacturers are at their peak
of competitiveness with regards to product design, manufacturing.
This industry recorded a double-digit growth rate of 12.8% over 2017-
18.
India is a net exporter of electricity.
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ELECTRONIC SYSTEMS
In electronic system sector focus has on import substitution.
FDI did grow 4.4 times in Electronics & IT sector 2.77 billion dollar to
12.24 billion dollar
Around 38 mobile manufacturing units have been set up which have created
employment of about 38300.
·Under Digital Saksharta Abhiyan 99 lakh candidates have been register for
training.
FOOD PROCESSING
Nivesh Bandhu is a platform which provides a one stop solution to
investors in the area of food processing, aiding them in decision making
and providing incentives
22 Mega Food Park projects have made operational.
Government of India and the United Nations' World Food Programme
for cooperation signed MoU till 2023.
193 colds in india are completed and 98 are under development .
There has been a FDI equity inflow of USD 1.7 Billion from April 2014 to
December 2016.
IT AND BPM
The Information technology sector contributes a countable share to the
exports. This industry is the largest private sector employer providing
millions of job opportunities
The computer software and hardware industry in India attracted FDI
inflows worth 71.05 billion dollar between April 2000 and March 2021.
IT and BPM is second in FDI inflows as per Promotion of Industry and
Internal Trade (DPIIT).
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LEATHER
The demand for leather products is on the rise and the concept of
utilising young labour with oozing energy is helping this sector flourish
The total leather and leather products export during April 2000 to
March 2021 was 3.30 billion dollar and for the month of March 2021 it
was 317.77 million dollar.
In April 2021, export of leather and leather products stood at 289.57
million dollar.
India boasts of being the 2nd largest producer of footwear and the
2nd largest exporter of leather garments.
MINING
Mining is the most important point of the Indian economy. Many other
industries depend on it for their raw materials.
In July 2021, India shipped its first coal export to Rampal Power Plant
in Bangladesh, giving a boost to the country’s coal exports.
Steel production in India is getting stronger growth on (such as Tata
Steel) new projects.
While the world market is shaky due to the chinese economy issues,
India has experienced a surge in the production of minerals.
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OIL AND GAS
The mushrooming population and the flourishing economy of India has
helped the Oil and Gas Industry in a mighty big way. Many opportunities
exist for the development of underground coal, its gasification and
conversion to liquids
India's natural gas production increased by 22.7% in April 2021, as
Reliance Industries , increased production in the KG-D6 block.
In Gujarat India has invested in refineries specially for exports which
has made India a net exporter of petroleum while we are a net
importer of crude oil.
Crude Oil storage of 5.33 MMT capacity was built at Visakhapatnam,
Mangalore and Padur.
PHARMACEUTICALS
India's cost of production is considerably lower than USA and half of the
cost in Europe
Cipla launched a real-time COVID-19 detection kit ‘ViraGen’. Which is
based on multiplex polymerase chain reaction (PCR).
The Telangana government in 2021 made partnership with Cytiva to
open a ‘Fast Trak’ lab to strengthen the biopharma industry of the
state.
Indian Drugs and Pharmaceuticals Limited has enabled the mass
manufacture of products in the field of Oncology, Nephrology and
Cardiology.
Pharma Jan Samadhan, a customer grievance redressal system
launched in March 2015.
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RAILWAYS
RENEWABLE ENERGY
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ROADS AND HIGHWAYS
The government is taking a major step in upgrading highways and
expressway.
In March 2021, the Mizoram-Myanmar road project, which was
launched under SARDP-NE, completed 92% work and is scheduled to
be completed by June 2021.
Achievement for the year 2017-18 are 8088 km of road length
awarded,7589 km of construction completed, and 2156 km of
highways tolled.
When Electronic Toll Collection System started, fee collection
increased from USD 27 million in Jan 2017 to USD 43 Million in Nov
2017.
SPACE
India has skyrocketed its way into the space sector. Our country's cost-
effective programme has made it a launchpad for many countries and is
hopeful of calling itself as the world's Launchpad
Antrix Corporation Limited has undertaken various initiatives for
marketing of space products and services in the world.
First nation in the world to reach Mars successfully in the 1st attempt
is India. The spacecraft was Mangalyaan.
THERMAL POWER
In 2020 the production from coal mines according to the CM(SP) Act,
2015 was 2.345 mn tonne.
India boasts of having the fifth largest installed capacity in the world.
98.8% of the villages have been electrified.
WELLNESS
The demand for AYUSH (Ayurveda, Yoga, Naturopathy, Unani, Siddha) has
seen an upsurge over the years.
Around 50,025 Ayushman Bharat - Health and Wellness Centres are
working in the country to provide Primary Health Care services to the
communities closer to their homes.
India is the second largest exporter of AYUSH and herbal products.
This industry can create 3 million jobs.
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SHORTCOMINGS OF THE MII PROGRAM
The “Make In India” policy has benefitted certain sectors but has faced
difficulties in others. Primarily, the policy should have boosted economic
growth across different fundamentals (like GDP growth rate, employment,
foreign exchange, etc.) attracted foreign investment, and boosted the
general infrastructure of the country, among other things. However, there
have been several problems, which have been listed below:-
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Indian Manufacturing Output from 2014-2020
The share of manufacturing in GDP fell from 15.07% in 2014 to 12.96% in 2020.
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Government debt has also increased
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Public Enterprises
Most public enterprises have undergone losses, due to low productivity
and inefficiency in their processes.
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Imports from 2014-2020
If domestic production were sufficiently increased, then imports should have
fallen. However, they have more or less increased over time.
26
NOTABLE STATISTICS
ABOUT THE MII PROGRAM
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Due to more focus on
liberalization and formation of
manufacturing corridors, it is
expected to create 100 million
additional by 2025
OBSERVATION
India has become attractive destination for investment. Various leading
companies are looking to set up their manufacturing base in the country.
Ultimately it is positive indication on job creation.
The key stated how outcome were to increase the share of manufacturing
sector to 25% of GDP and to create 100 million additional jobs in manufacturing
industries by 2022, clearly both have not happened and going by the
increasingly gloomy prediction for GDP growth, unlikely to happen by target
year.
Manufacturing share of GDP, currently under 15-16% is not likely to increase
significantly over the next two years.
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EXAMPLES OF INDIAN FASHION BRANDS
DOODLAGE
Doodlage is a sustainable Indian fashion label, commenced in April 2012
with a fundamental thought of upcycling and reusing waste material to
frame new pieces of wearable fabric.
Doodlage is based in the capital of the country, New Delhi, India.
Kriti Tula, the co-founder of Doodlage says that she had a burning desire
to build something of her own to bring an idea to life that had not been
achieved by many. She adds that she was the 1st one to start something
of the sort.
Since the founder is born and bought up in India she takes inspiration from
her childhood and the deeply rooted tradition of upcycling in most middle
and upper middle class families in India.
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SOURCING, PRODUCTION & PACKAGING
· SOURCING: The fabrics are sourced from different garment factories that
leave those pieces in the waste bin which would eventually end at
landfills and then upcycled into fresh pieces. Some fabrics are recycled
post-consumer waste and post cutting scraps and trims.
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EXAMPLES OF INDIAN FASHION BRANDS
NO NASTIES
No Nasties is an Indian Fashion & Lifestyle label producing all the
products sustainably. The brand was launched in 2011 with the idea of
producing vegan & organic merchandise using a fair trade rule.
No Nasties is a brand based in the Southwestern coast of India, Goa.
Apurva Kothari, the co-founder of No Nasties says that he found a gap
in the market to provide organic clothing options for the consumers.
Therefore he felt the need to start one of his own.
BRAND USP
Stylish and sustainable
Ethical and ecofriendly
Super soft and comfortable fabrics
Perfect fit for Indian body type
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SOURCING, PRODUCTION & PACKAGING
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BIBLIOGRAPHY
http://www.makeinindia.com
https://www.investopedia.com/terms/e/economicgrowth.asp
https://medium.com/@AbhishekVenkatesh/gearing-for-change-a-
post-covid-framework-for-make-in-india-43195d815167
https://byjus.com/free-ias-prep/make-in-india/
https://www.ibef.org/industry/autocomponents-india.aspx
https://www.ibef.org/industry/india-automobiles.aspx
https://afpa.in/make-in-india-its-progress-success-and-failure/
https://www.makeinindia.com/sector/aviation
https://www.pmindia.gov.in/en/major_initiatives/make-in-india/
https://afpa.in/make-in-india-its-progress-success-and-failure/
https://en.wikipedia.org/wiki/Economy_of_India
https://www.macrotrends.net/countries/IND/india/foreign-direct-
investment
https://www.spglobal.com/en/research-insights/articles/the-missing-
piece-in-indias-economic-growth-story-robust-infrastructure
https://pib.gov.in/Pressreleaseshare.aspx?PRID=1703787
https://www.spglobal.com/en/research-insights/articles/the-missing-
piece-in-indias-economic-growth-story-robust-infrastructure
https://www.bookmyforex.com/blog/1-usd-inr-1947-till-now/
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THANK YOU
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