What are the primary objectives of the Make in India initiative?

The initiative focuses on enhancing the manufacturing sector's growth rate to 12-14% per annum, creating 100 million additional manufacturing jobs by 2022, and increasing the sector's contribution to GDP to 25% by 2025.

Which sectors are targeted under the Make in India initiative?

Make in India identifies 25 key sectors for development, including automobiles, textiles, electronics, defense, and pharmaceuticals, aiming to boost investment and innovation across these industries.

How does Make in India benefit foreign investors?

The initiative has liberalised foreign direct investment (FDI) policies, allowing up to 100% FDI in many sectors, thereby providing foreign investors with greater opportunities and ease of doing business in India.

What measures have been taken to improve infrastructure under Make in India?

The program emphasises developing industrial corridors and smart cities equipped with modern facilities, including high-speed communication and integrated logistics, to support industrial growth.

How has Make in India impacted job creation?

By focusing on boosting manufacturing and attracting investments, the initiative aims to create substantial employment opportunities, contributing to economic growth and reducing unemployment.

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What Is Make In India Initiative? Shaping India In Its Unique Mould

Pragya Pathak

Author

Updated: 28-01-2025 at 7:40 AM

India is one of the most populous countries, meaning innumerable great minds. The nation is famous worldwide for several things, but primarily for its culture and tradition. With time, the government of India is working on growing and developing India by promoting not only the traditional sectors like the manufacturing sector but the creative sectors as well like arts and crafts. To achieve the same, the government of India launched the Make in India initiative that primarily aims to increase the global positioning of India and make it one of the most developed and sustainable countries; a country that is ideal for its citizens and foreigners.

Read the article to learn more about the govt initiative like its meaning, focus, sub-schemes under it, and other relevant details.

Overview: Make In India

Name of the initiative	Make In India
Launched in	2014
Launched by	Government of India
Ministry	Ministry of Commerce & Industry
Objective	To increase the global positioning of India
Total sectors	25 sectors like Automobiles, Electronics, Defence, IT, and others
Focuses on	Economic growth, employment generation, etc.

What Is The Make In India Initiative?

The government of India launched the Make in India initiative in the year 2014 for the sustainable growth and development of the country by promoting all sectors not just traditional ones. The primary aim of the govt initiative is to boost the manufacturing sector and increase economic growth along with enhancing its reputation in the ‘Ease of doing Business’ index to attract foreign companies to invest in businesses in India.

The Make in India initiative focuses on several sectors and has numerous sub-schemes and programs under its umbrella. The whole govt program has its foundation in promoting manufacturing in India to make the nation independent. i.e. Aatmanirbhar Bharat.

Why Make In India Initiative?

There are numerous reasons to justify the existence of the Make in India initiative. Some of the major reasons are mentioned below in brief:

Dependence: India has depended on other countries for sourcing many goods and services. Only a handful of sectors like IT and BPO were growing but the growth of two sectors hardly makes up for the whole country. It was tagged as the ‘back office of the world’, something that exists for sure but never comes to the limelight.
Poor quality of manufacturing: The quality of manufacturing in India is really poor due to several factors like poor condition of the sector, inadequate supply of materials, etc. The manufacturing sector only contributed 15% of the total economic growth and needed a boost.

The only sector that contributed to almost nothing was the manufacturing sector and hence the government of India needed to find ways to boost the sector for good. After all, manufacturing is not something that one can ignore, it is one of those sectors which can take a country to new heights.

Sectors Under The Make In India Initiative

The Make in India initiative focuses on 25 sectors. These sectors are the driving force of the nation and boosting them will not only impact the economy and GDP of the country but also impact the global positioning of India in the world. All the sectors are listed below in detail for one’s reference:

Manufacturing Sectors:

Aerospace and Defence
Automotive and Auto Components
Pharmaceuticals and Medical Devices
Bio-Technology
Capital Goods
Textile and Apparel
Chemicals and Petrochemicals
Electronics System Design and Manufacturing (ESDM)
Leather & Footwear
Food Processing
Gems and Jewellery
Shipping
Railways
Construction
New and Renewable Energy

Services Sectors:

Information Technology & Information Technology enabled Services (IT &ITeS)
Tourism and Hospitality Services
Medical Value Travel
Transport and Logistics Services
Accounting and Finance Services
Audio Visual Services
Legal Services
Communication Services
Construction and Related Engineering Services
Environmental Services
Financial Services
Education Services

Initiatives Under The Make In India Initiative

There are several initiatives under the Make in India program. All the government yojana are mentioned below in detail with just one primary aim and that is to bolster the economic growth of the nation:

Sectors like railways, insurance, defence, and medical devices are now open for Foreign Direct Investments (FDIs).
Exclusive focus is also being given to increasing India’s rank on the ‘Ease of Doing Business’ Index wherein the country climbed up to 23 points and in 2019 grabbed the 77th position.
Digital portals are launched such as of Shram Suvidha portal, eBiz portal, and others in line with the Digital India initiative.
Permits and licences required to begin a business in India have been relaxed so that more and more people can enter the sector and start their businesses with unique ideas.
Other major changes have been introduced in various areas such as time-bound clearances for applications of foreign investors, automation of processes for registration with the Employees State Insurance Corporation and the Employees Provident Fund Organisation, decreasing the number of documents for exports, and ensuring compliance through peer evaluation, self-certification, etc.
The government has also announced the creation of 5 industrial corridors to speed up the growth of the sector. Those 5 corridors are:

Delhi-Mumbai Industrial Corridor (DMIC)
Amritsar-Kolkata Industrial Corridor (AKIC)
Bengaluru-Mumbai Economic Corridor (BMEC)
Chennai-Bengaluru Industrial Corridor (CBIC)
Vizag-Chennai Industrial Corridor (VCIC)

Government Schemes Under The Make In India Initiative

There are numerous govt schemes introduced under the umbrella of the Make in India initiative. All the schemes are surely different but they have just one primary aim and that is to contribute to the country’s development. The list of those schemes is mentioned below:

Skill India: The govt program aims to teach and equip the people of India with around 10 million skills so that they shape both, their futures and the nations’.
Startup India: The govt initiative focuses on boosting and encouraging people to start businesses in an environment that would support them in every way possible.
Pradhan Mantri Jan Dhan Yojana: The Pradhan Mantri Jan Dhan Yojana aims to encourage people to save as much as they can for the safety of their futures.
Smart Cities: The Sarkari program aims to transform the cities of India and make them developed in various aspects. The primary goal of the program is to create 100 smart cities.
AMRUT: The Atal Mission for Rejuvenation and Urban Transformation aims to construct various basic but quality facilities for the public and make at least 500 cities comfortable.
Swachh Bharat Abhiyan: The Swachh Bharat Abhiyan promotes and encourages people to keep the nation which is their home clean and safe.
Sagarmala: The govt scheme focuses on developing the ports of the nation.
International Solar Alliance (ISA): The International Solar Alliance is a partnership formed between 121 countries to innovate solar power technologies for sustainable development.
AGNII: The Accelerating Growth of New India’s Innovation aims to encourage and help people with unique business ideas bring them into reality.

Objectives Of The Make In India Initiative

There are many objectives of the Make in India initiative primarily concerning the manufacturing sector. Some of its major objectives are listed below for one’s better understanding and reference:

Manufacturing sector: The govt initiative aims to boost the manufacturing sector so that it can contribute 12-14% per year.
Employment generation: The initiative aims to create 100 million jobs in the manufacturing sector.
Skill development: The Make in India project aims to equip people with skills so that they can use those skills later for employment.
Sustainability: The Make in India project emphasises sustainable economic growth.

Progress Of The Make In India Initiative

The Make in India project has already achieved and completed several of its set goals. Some of its major achievement is listed below to present how much the initiative has achieved and how much it can achieve in the forthcoming future as well:

GST: The Goods and Services Tax (GST) has been introduced which has made the entire taxing system more systematic and efficient.
Digital India: Many sectors have been transforming and shifting from traditional paper-based approaches to the digitised approach which helps their operations as well as provides ease of accessibility to the people.
Insolvency code: The govt program launched the new Insolvency and Bankruptcy Code of 2016 which is a compilation of all laws and rules concerning insolvency.
Bank accounts: Due to the launching of sub-schemes like the Pradhan Mantri Jan Dhan Yojana under the Sarkari initiative, around 356 million new bank accounts have been opened as of 2019.
BharatNet: The government of India along with the telecom company called BharatNet has been working on expanding the boundaries of the network to the rural and remote areas of the nation.
Sustainable India: India has been ranked 4th position in the world in harnessing power from winds and 6th position in harnessing solar power.

Advantages Of The Make In India Initiative

Since the launch of this govt initiative, it has proven itself to be not only advantageous but a great decision taken for the country’s growth. The Make in India project has innumerable benefits that would make India reach new heights such as:

Job generation: The govt initiative focuses on employment generation for the people of India.
Economic growth: The govt program aims to boost the economic growth of the country by focusing on sectors like the manufacturing sector that have been lagging.
Support to Indian Manufacturers: The Make in India project aims to support small and big businessmen in India to increase the growth of the manufacturing sector.
Attracting foreign investors: The government initiative aims to attract foreign investors to invest and bring hi-tech technologies to India which would help the nation greatly in the future.

Challenges Of The Make In India Initiative

Make In India has been working wonders for the country, the sectors of the country, and the people of the country. However, there are some challenges and criticisms that it is facing such as:

Negative impact on agriculture: The boost to the manufacturing sector would negatively impact the agriculture sector as 60% of the total land of India is agricultural land.
Competition: Attracting investors from abroad would significantly increase the competition for Indian businessmen, especially small business owners and farmers. The competition might not be fair as foreign investors carry an edge in terms of technological measures.
Environmental hazard: As the Make in India project focuses on the manufacturing sector, it might contribute to pollution levels and bring significant unhealthy changes even though sustainability is taken into account.

What Is Make In India 2.0?

The Make in India 2.0 initiative is an updated model of the Make in India initiative. The primary aim of both the initiatives is the same with just some minor changes like the Make in India 2.0 initiative focuses on 27 sectors rather than 25 sectors with added focus on sustainable growth and incorporation of hi-tech technology.

What Is The Difference Between Make In India & Made In India?

The main difference between Make in India and Made in India is that Make in India promotes domestic and foreign companies to manufacture various goods and services in India while Made in India encourages and promotes goods and services made from scratch in India only.

10 Years Of Make In India

In the year 2024, India celebrated 10 years of the Make in India initiative. It hasn’t been an easy or a smooth journey however, it has been an adventurous and rewarding journey as throughout these years, the Make in India project has achieved and accomplished several of its set milestones starting from boosting the manufacturing sector to infrastructure development.

Conclusion

The Make in India initiative was launched by the government of India with just one goal and that was/is to make India reach its highest potential and secure a global positioning. The government scheme has been proven to be effective and efficient so far and will be in the future as well.

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