A MAJOR NEW NATIONAL PROGRAM. DESIGNED TO FACILITATE INVESTMENT. FOSTER INNOVATION. ENHANCE SKILL DEVELOPMENT. PROTECT INTELLECTUAL PROPERTY. AND BUILD BEST-IN-CLASS MANUFACTURING INFRASTRUCTURE. THERE’S NEVER BEEN A BETTER TIME TO MAKE IN INDIA.
Make in India is an initiative program of the Government of India to encourage companies to manufacture their products in India. It was launched by Prime Minister Narendra Modi on 25 September 2014.
Most importantly, the Make in India program represents an attitudinal shift in how India relates to investors: not as a permit-issuing authority, but as a true business partner.
Make in India which focuses on attracting businesses to invest and manufacture in India aims to make India a global manufacturing hub, while bringing about an economic transformation in the country, has consciously taken the Digital First approach in propagating its agenda across the globe.With more than 25 sectors to promote and with the ever-growing digital landscape, the Make in India initiative is all set to grow multifold in the coming year.
The major objective behind the initiative is to focus on 25 sectors of the economy for job creation and skill enhancement. Some of these sectors are: Automobiles, Chemicals, IT, Pharmaceuticals, Textiles, Ports, Aviation, Leather, Tourism and Hospitality, Wellness, Railways, Design manufacturing, Renewable energy, Mining, Bio-technology, and Electronics.The initiative aims at high quality standards and minimizing the impact on the environment.The initiative hopes to attract capital and technological investment in India.
“Zero Defect Zero Effect” is a slogan coined by Prime Minister of India, Narendra Modi which signifies production mechanisms wherein products have no defects and the process through which product is made has zero adverse environmental and ecological effects.
Doing business in India just got easier –new de-licensing and deregulation measures are reducing complexity, and significantly increasing speed and transparency.