“Make in India” (A Reform into Transform)

Devanshi Dixit; Krati Agarwal; Y. Satguru Roshan; Dr. Suneshwer Prasad

Volume : VI, Issue : IX, September - 2016

“Make in India” (A Reform into Transform)

Devanshi Dixit, Krati Agarwal, Y. Satguru Roshan, Dr. Suneshwer Prasad

Abstract :

A new “Make in India” campaign to “transform India into a global manufacturing hub”. The MAKE IN INDIA program laid the foundation of India‘s new national manufacturing policy and rolled out the red carpet to both domestic and international industrialists with an aim to make India a manufacturing hub that will in turn boost the employment and overall growth of India. Is this strategy realistic? This paper helps answer the question by describing the potential activities of the Indian economy. This paper covers issues of the make in India, sectors covered, worldwide and positive responses and some critics. However, this paper is concluded as optimistic manner that the Make in India’ economically viable?Key thrust of the programme would be on cutting down in delays in manufacturing projects clearance, develop adequate infrastructure and make it easier for companies to do business in India .The paper then describes a set of reforms sufficient to unleash such a manufacturing growth boom.