Volume : V, Issue : II, February - 2015

MAKE IN INDIA" MANUFACTURING INNOVATION & POLICY INITIATIVE

Saurabh Kumar Dwivedi, Dr. Kushendra Mishra

Abstract :

The study examined the technological innovation for manufacturing sector under the umella of “Make in India” initiative. The government is spending corers of Rupee on various development programmes. However, there are gaps in the implementation of these schemes which ultimately affect the delivery to the beneficiaries.This time government has changed his policy and look forward for transformation from “Made in India” to “Make in India”. Our success inIT/ITES will never be complete and will not touch the lives of masses without commensurate growth of the manufacturing sector. ‘Manufacturing’ has been recognized as the main engine for economic growth. However total factor productivity (TFP) growth in Indian manufacturing accelerated after the 1991 economic reforms. But the share of manufacturing sector has been stagnating at a low 0.2 percent in 2013/2014 of GDP and 17 percent in 2012 of the overall growth in Indian economy and to achieve 100 million additional jobs by 2022. With an aim of taking this to around 25 percent by 2022, as per the draft National Manufacturing Policy, Government and industry focus needs to be further sharpened to augment growth in this manufacturing industry.

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Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

SAURABH KUMAR DWIVEDI, Dr. KUSHENDRA MISHRA �MAKE IN INDIA� MANUFACTURING INNOVATION & POLICY INITIATIVE Indian Journal of Applied Research, Vol.5, Issue : 2 February 2015

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