Make in India

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Make in India: Empowering Growth

Zero Defect, Zero Effect


Members of Group
APURAV MEHAK
A AGGARWA
TOMAR ABHAY L
ARCHIT
KUMAR
MISHRA
SHARMA
About MAKE IN INDIA
• Boosting Domestic Manufacturing: Aims to increase India's manufacturing sector
and its contribution to the GDP, making it a global manufacturing hub.
• Attracting Investment: Seeks to attract foreign investment by providing
incentives and streamlining regulations, leading to job creation and technological
advancements.
• Promoting Self-Reliance: Focuses on reducing dependence on imports and
fostering domestic production, enhancing national self-sufficiency in key sectors.
Objectives and goals of Make in India

Boosting Manufacturing Promoting Innovation

To increase the contribution of manufacturing To foster innovation and R&D in


sector to GDP. various industries.

Creating Employment Attracting Investment

To generate job opportunities and To attract foreign direct investment and


skill development. boost economic growth.
Key Sectors and Industries Targeted for
Growth

• Automobile Manufacturing: Expansion of production capacity and


development of electric vehicle infrastructure.

• Textile Industry: Modernization of textile mills and promotion of technical


textiles for exports.

• Electronics Sector: Incentives for semiconductor and electronic


manufacturing units to boost domestic production.
A powerful example of the Make in India initiative's success in the
strategic sector.

Light Combat Aircraft (LCA) Tejas: The


indigenously developed Tejas fighter jet is a
significant achievement of the Make in India
initiative in the defense sector, boosting India's
self-reliance.

Artillery Systems and Ammunition: Companies


like the Kalyani Group and Larsen & Toubro
have ramped up domestic production of artillery
guns, missiles, and ammunition for the armed
forces.
Government Policies and Incentives for Promoting Manufacturing in
India
1
Policy Framework
Creation of a conducive policy environment to attract investment and foster innovation.

2
Incentives for Investors
Offering financial incentives, tax benefits, and subsidies to promote manufacturing.
3
Sector-Specific Support

Implementing tailored policies to support key sectors and drive growth in specific industries.
Impact of Make in India on employment and
economic growth and FDI

Employment Economic Growth and


Growth FDI
• The Make in India initiative has • Make in India has positively impacted
significantly contributed to the employment economic growth by boosting manufacturing
growth by creating job opportunities across output, increasing GDP, and attracting
various sectors, thereby reducing Foreign Direct Investment (FDI).
unemployment rates.
• The policy reforms and ease of doing
• Foreign and domestic investments in business initiatives have attracted global
manufacturing have led to the establishment companies to invest in India, leading to
of new industries, leading to increased enhanced FDI inflows.
employment.
LET’S TALK ABOUT DATA
Pre-Make in India (2010-2014) Post-Make in India (2015-2023)
• Average GDP Growth Rate - 6.8%
• Key Economic Drivers - Services Sector • Average GDP Growth Rate - 6.3%
Boom, Government Spending on Infrastructure • Key Economic Drivers -Continued
• Challenges - Complex Regulations for Services Sector Growth, Increased Focus
Manufacturing, Limited Access to Capital on Manufacturing.
for Businesses, Infrastructure Bottlenecks. • Challenges - Global Economic
Slowdown, Demonetization (2016).
MAKE IN INDIA
• Jewelry PRODUCTS
• Food and Spices
Everest, MDH, Tata Tea,
Tanishq
• Textiles & Haldiram's.
Handicrafts
Fabindia, Khadi India • Ayurvedic Products
Handloom Sarees: • Automobile Industry
Himalaya, Dabur,
Kanjeevaram silk, Tata Motors, Mahindra Patanjali,
Banarasi silk, etc. & Mahindra, Bajaj
Auto.
Success stories and achievements of Make in India

Advanced Skilled Workforce Global Partnerships


Manufacturing

New high-tech manufacturing Highly skilled Indian workers Indian entrepreneurs forging
plants have revolutionized demonstrate precision and international collaborations and
global partnerships signify the
production, integrating dedication in producing quality
success of Make in India.
cutting-edge robotics and goods.
technology.
Challenges and Obstacles Faced in Implementing
Make in India

• Implementing Make in India has faced challenges such as infrastructural gaps,


complex regulations, and global competition.

• Another obstacle is the need for skilled labor and technology advancements to
meet international standards.

• This initiative also encounters bureaucratic hurdles and the necessity for continuous
policy reforms for ease of doing business.
Future prospects and opportunities for Make in India

Investment in education and skill


development for competitive advantage
Skilled Workforce

Global Collaborations with international firms for


Partnerships technology transfer
Emerging Technologies

Technological New opportunities in AI, IoT, and renewable


Advancements energy industries
Conclusion: Empowering growth through
Make in India
Increased Manufacturing Job Creation and Skill Development
Competitiveness
The Make in India initiative has boosted the It has created numerous job opportunities
competitiveness of Indian manufacturing on and facilitated skill development,
a global scale, driving economic growth. empowering the Indian workforce.

Attracting Foreign Direct Technological Advancements and


Investment (FDI) Innovation
Make in India has attracted significant The initiative has driven technological
FDI, indicating trust and confidence in the advancements and spurred innovation,
Indian market for long-term growth. positioning India as a hub for cutting-edge
industries.
THANKYOU

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