On completion of 10 years of the central government’s ‘Make in India’ initiative, Prime Minister Narendra Modi on Wednesday said it has boosted exports in various sectors and led to capacity building, thus strengthening the economy.
“Today, we mark #10YearsOfMakeInIndia. I compliment all those who are tirelessly working to make this movement a success over the last decade. ‘Make in India’ illustrates the collective resolve of 140 crore Indians to make our nation a powerhouse of manufacturing and innovation. It’s noteworthy how exports have risen in various sectors, capacities have been built, and thus, the economy has been strengthened,” PM Modi said in a post on X.
Today, we mark #10YearsOfMakeInIndia. I compliment all those who are tirelessly working to make this movement a success over the last decade. ‘Make in India’ illustrates the collective resolve of 140 crore Indians to make our nation a powerhouse of manufacturing and innovation.…— Narendra Modi (@narendramodi) September 25, 2024
The Government of India is committed to encouraging ‘Make in India’ through all possible ways. India’s strides in reforms will also continue. “Together, we will build an Atmanirbhar and Viksit Bharat!” the prime minister added.
What is Make in India?
Make in India is an initiative launched by the Government of India in September 2014 to encourage companies to manufacture their products within India and promote India as a global manufacturing hub. The primary objective is to boost domestic manufacturing, create jobs, and enhance the economy by attracting foreign investment. The campaign covers 25 sectors, including automobiles, electronics, textiles, and defence manufacturing.
Make in India also aims to improve infrastructure, ease of doing business, and foster innovation, while ensuring that the country becomes self-reliant in various industrial sectors.
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