Professional Documents
Culture Documents
Make in India
Make in India
PRESENTED BY-
INTRODUCTION
The Make in India initiative was launched by Prime Minister in September 2014
as part of a wider set of nation-building initiatives. Devised to transform India
into a global design and manufacturing hub, Make in India was a timely response
to a critical situation: by 2013, the much-hyped emerging markets bubble had
burst, and India’s growth rate had fallen to its lowest level in a decade.
NEED OF MAKE IN INDIA
It is important for the purchasing power of the common man to increase, as this
would further boost demand, and hence spur development, in addition to
benefiting investors. The faster people are pulled out of poverty and brought into
the middle class, the more opportunity will there be for global business.
Therefore, investors from abroad need to create jobs. Cost effective
manufacturing and a handsome buyer – one who has purchasing power – are both
required. More employment means more purchasing power.
LOGO
DIFFERENCE BETWEEN ‘MAKE IN INDIA’ & ‘MADE IN
INDIA’
"Made in India" is a label that accompanies all goods that have been manufactured
in India: "Make In India" is a campaign launched by Narendra Modi to encourage
industrialists to set up their manufacturing units in India: So, "Make in India" leads to
"Made in India"
ADVANTAGES
In a short space of time, the obsolete and obstructive frameworks of the past have
been dismantled and replaced with a transparent and user-friendly system that is
helping drive investment, foster innovation, develop skills, protect Internet
Protocol (IP) and build best-in-class manufacturing infrastructure. The most
striking indicator of progress is the unprecedented opening up of key sectors –
including Railways, Defence, Insurance and Medical Devices – to dramatically
higher levels of Foreign Direct Investment.