Make in India, Chartering the growth trajectory
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Make in India, Chartering the growth trajectory

When Narendra Modi made a historic ‘Make in India’ speech on Independence Day last year, we got to know that the man means business; and a few months later, he exhibited his grit by launching the initiative with much fanfare in the presence of business stalwarts like Mukesh Ambani, Cyrus Mistry, Kumar Mangalam Birla and Azim Premji. It is indeed India’s most ambitious plan to boost manufacturing in the country till date. Besides, building an infrastructural strength the initiative also has fashioned a digital network to make India a global hub for manufacturing of goods like cars, software, satellites, submarines, pharmaceuticals, ports and paper etc.

Job-creation and skill enhancement are the key areas targeting industries across:

• Automobiles
• Aviation
• Chemicals
• IT & BPM
• Pharmaceuticals etc.

The campaign has several new ideas designed to facilitate investment, promote innovation, protect intellectual property, and build best-in-class manufacturing infrastructure.
The ‘Make in India’ initiative has also seen the government doling out plans for several States that will make them self-sufficient, some of which are listed below:

Uttar Pradesh

Uttar Pradesh will also play the most important role in the Make in India campaign launched by Prime Minister Narendra Modi as it will lay the foundation stone for 62 projects with an approximate estimate of 6,796 crore.

Rajasthan

The textile sector in Rajasthan will get the best of technologies and innovations as a part of plans to build it into one-stop and most-favoured destination for investment under the Make in India initiative.

Himachal Pradesh

Himachal is fulfilling its promise are a reservoir of an immense amount of ‘Him’ in the forms of Ice, Fresh and Underground Water. And the seeping of this moisture originates a number of rivers, which flows through the states land called Sutlej, Beas, Ravi, Chenab and Yamuna. It is also the reason of dozens of lakes that covered Himachal Pradesh. Special incentives are allocated in the Prime Minister’s Make in India campaign for setting up of projects in the state.

Gujarat

In less than a month of Prime Minister Narendra Modi’s inaugurating the Make in India initiative, a slew of big-ticket investments in manufacturing have been announced, mostly in one of the most diverse state of India, Gujarat. A small chunk of plants have already been inaugurated and the others are coming this way.