MAKE IN INDIA an initiative Launched in SEPT 2014 by pm Narendra MODI aimed to bring together

government officials along with the industrial leaders globally to invest in India’s manufacturing
sectors to magnify the job opportunities to the millions and improvise the growth.

This initiative aimed to be the catalyst for the growth of Indian Economy with Foreign investments.

The initiative brought many reforms on the FDI front and on the right path to becoming giant in
manufacturing.

MAKE IN INDIA sectors include automobiles, biotechnology, and various other sectors like textiles
and leather where huge amount of labor force is required.

In 2015, India appeared as the top destination for FDI and excelled than us and china. Many states
launched there own initiatives too.

But 5 years down the lane the assessing the outcomes it witnessed slow growth of investments in
the Economy.

In the private sector a measure of the aggregate investment declined from 31.3% in year 2013-14

To 28.6% of gdp in 2017- 18. This was due to decline in the savings rate in household sector where
as private sectors savings were increased but the investments weren’t up to the mark in spite of
having good opportunities for investments.

Public sector ‘s share was more or less constant.

The employment growth rate has many questions raised over and has not grown to that extent so
that it gives new opportunities to the new working force coming up.

The Make in India scheme initially was dependent on the foreign capital but was uncertain of the
actual demand and supply conditions and hence faced problem while implementing. The basic
initiatives under the giant MAKE IN INDIA initiatives weren’t designed well.

The aim was too ambitious and didn’t look to the capacities of each sectors that wisely.

MAKE IN INDIA AFTER COVID

ATMANIRBHAR BHARAT is now encouraging MAKE IN INDIA initiative to improvise INDIA ‘S gdp
growth at 1.9% in FY 2021 . But as long as China continues to produce cheap goods in huge amounts
it will sell globally.

Many countries are looking forward for INDIA for bringing up its production ideas in various sectors
as they are feareful to import it from CHINA