“Make in India” campaign kick-started by our honorable Prime Minister Narendra Modi is one of the most ambitious plans to be launched by any recent governments. It has the vision to put our nation among the most developed nations of the world and place it on the top of the global map chart. It is very ambitious in its plan to make India the hub of manufacturing, the position which is currently enjoyed by China.
China has been leveraging its manpower and their skills and has been able to make quantum leaps in the path of development. Why can this not become possible for us in India which has a vast resource of highly skilled manpower?
The “Make in India” campaign is the answer to such questions that we have been asking for a very long time.
The “Make in India” campaign was launched at Vigyan Bhawan, New Delhi on 25th of September, 2014, in the presence of honorable cabinet ministers and minister of states and top industrialist of our country.
The overwhelming response of the Indian Inc. made it seem like they have endorsed this campaign with full heart and will provide their full support. “You have inspired the whole India to dream and do”, Ambani said.
The “Make in India” campaign originated from the Independence Day speech delivered by Narendra Modi from the ramparts of the historic Red Fort.
The call was made for “Make in India” campaign and “Zero Defect: Zero Effect” policy. It had the vision to achieve an annual growth rate of 10% by the manufacturing sector.
“In last few years, many people told me they wanted to shift outside. It used to hurt me that businessmen were forced to leave their own country. We have to change that situation. And my experience in last few months tells that we have changed it,” Modi said at the launch of ‘Make in India’ initiative aimed at promoting manufacturing in the country and reduce dependence on exports.
The campaign aims at attracting foreign players to set up manufacturing units in India and also partake in the infrastructure development via FDI route. It is an effort to change the dynamics of the Indian economy by bringing in focus labor-intensive manufacturing driven growth which is currently operating on a service is driven growth model.
It will lead to ample job creation at all levels and will help the lower class of people to earn well and make the transition to middle-class category thereby improving the life of the Indian working class. Twenty-five sectors have been chosen which would play a pivotal role in India’s economic development.
Conclusion
The Indian government will provide all support for foreign participation by initiating pro-investment policies, faster approval of the business proposals and putting an end to the delays due to red tape. The government offices will help foreign companies to identify investment opportunities by taking proactive decisions.To know more visit Propknack
