About the Programme

• The Make in India initiative was launched in 2014 to facilitate investment, foster innovation, enhance skill development, protect intellectual property and build best in class manufacturing infrastructure in the country. 
• The primary objective of this initiative is to attract investments from across the globe and strengthen India’s manufacturing sector. 
• It is being led by the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry.
• The Make in India programme is very important for the economic growth of India as it aims at utilising the existing Indian talent base, creating additional employment opportunities and empowering the secondary and tertiary sector. 

Why in News?

• The ‘Make in India’ initiative has completed 10 years of successful implementation.

10 Years of Impact: A Snapshot

Foreign Direct Investment (FDI): 

• Since 2014, India has attracted a cumulative FDI inflow of USD 667.4 billion (2014-24), registering an increase of 119% over the preceding decade (2004-14). 
• Most sectors, except certain strategically important sectors, are open for 100% FDI under the automatic route. 

Production Linked Incentive (PLI) Scheme: 

• The PLI Schemes introduced in 2020 have resulted in ₹1.32 lakh crore (USD 16 billion) in investments and a significant boost in manufacturing output of ₹10.90 lakh crore (USD 130 billion).
• Over 8.5 lakh jobs have been created directly and indirectly due to the initiative.

Exports & Employment: 

• India’s merchandise exports surpassed USD 437 billion in FY 2023-24. 

Ease of Doing Business: 

• India’s commitment to improving business conditions is evident in its sharp rise from 142nd rank in 2014 to 63rd rank in 2019 in the World Bank’s Doing Business Report. 
• The Jan Vishwas (Amendment of Provisions) Act, 2023 has decriminalized 183 provisions across 42 Central Acts.

Key Reforms

Semiconductor Ecosystem Development: 

• Semicon India Program, worth ₹76,000 crore, aims to provide an impetus to semiconductor and display manufacturing by facilitating capital support and technological collaborations.  

National Single Window System (NSWS): 

• Launched in 2021, this platform simplifies the investor experience, integrating clearances from 32 Ministries/ Departments and 29 States/UTs, facilitating rapid approvals.

PM Gatishakti: 

• PM Gati Shakti National Master Plan (NMP), a GIS based platform with portals of various Ministries/Departments of Government, was launched in 2021. 
• It is a transformative approach to facilitate data-based decisions related to integrated planning of multimodal infrastructure, thereby reducing logistics cost.

National Logistics Policy (NLP): 

• Aimed at reducing logistics costs and increasing efficiency, the NLP, launched in 2022, is key to making Indian products more globally competitive.

One-District-One-Product (ODOP): 

• Promoting indigenous products and craftsmanship across India, the ODOP initiative has fostered local economic development, with Unity Malls being set up in 27 states to provide platforms for these unique products.

Startup India: 

• The Government with intent to build a strong ecosystem for nurturing innovation and encouraging investments launched the Startup India initiative in 2016. 
• Sustained efforts by the Government under the Startup India initiative have led to an increase in the number of recognised startups to 1,40,803 which have created over 15.5 lakh direct jobs.

https://pib.gov.in/PressReleasePage.aspx?PRID=2058603