Make in india is a major new national programme of the government of India designed 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 indias manufacturing sector. It is being led by the department of industrial policy and promotion, Ministry of Commerce and industry, Government of India. 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 Qzzemployment opportunities and empowering secondary and tertiary sector.
The programme also aims at improving India’s rank on the ease of doing business index by eliminating the unnecessary laws and regulations, Making bureaucratic processes easier, making the government more transparent, responsive and accountable.
The initiative was formally introduced on September 25, 2014 by Prime Minister of India, Mr Narendra Modi at Vigyan Bhawan, New Delhi, in the presence of business giants from India.
The focus of Make in India programme is on 25 sectors. These include: chemicals, aviation, automobiles, IT & BPM, pharmaceuticals, construction, defence Manufacturing, electrical machinery, food processing, textiles and garments, ports, leather, media and entertainment, wellness, mining, tourism and hospitality, railways, automobile components, renewable energy, biotechnology, space, thermal power, roads and highways and electronics systems.