“Make in India” was launched by the Government of India on 25th September 2014. As the name suggests, it calls on industries, entrepreneurs and small business houses to set up their manufacturing facilities within India. Within a year, after the launch of the program, India surpassed the USA and China in terms of Foreign Direct Investment (FDI) with $60.1 Billion. Make in India campaign primarily covers 25 sectors of the economy like automobiles, biotechnology, aviation, chemicals, and defense exports, etc.
Long and Short Essay on Make in India
Essay 1 (250 words)
Make in India is an ambitious campaign launched by Prime Minister Narendra Modi on the 25th of September in 2014 in New Delhi. The purpose of launching this campaign is to make India a destination of a global manufacturing hub. In order to make this campaign a successful one, the PM of India met the top 40 CEOs of several Fortune 500 companies. This plan was launched in the presence of top CEOs from India Inc, ambassadors, international industry leaders, ministers, government officials, etc.
This campaign has targeted to make a call to top companies of well-identified countries. Some selected domestic companies who are leading in the field of innovation and new technologies have also been invited. There is a special unit in the Commerce Ministry named “Invest India” which helps in guiding all the top foreign investors in terms of regulatory and policy issues as well as assists in obtaining the regulatory clearances.
The government of India is making a huge effort in order to reduce any type of burden on investors. There is an arrangement of a dedicated team ready to answer all the queries from business entities through the web portal (makeinindia.com). There is a back-end support team also in order to respond to specific queries within 72 hours of duration. Almost 25 key sectors (such as aviation, chemicals, IT, automobiles, textiles, ports, pharmaceuticals, leather, hospitality, tourism, wellness, railways, etc) have been identified by the government to work for the investors and become a world leader.
Essay 2 (300 words)
The Prime Minister of India, Shri Narendra Modi has launched an initiative named Make in India on the 25th of September, 2014 in New Delhi. The aim of this campaign is to provide India an economic global recognition. While launching the program, PM said that investors should take it as an opportunity and not as a market in India. This campaign aimed to renew an Indian economy from a services-driven growth model to the labor-intensive manufacturing-driven growth. Successful implementation of the program will be the reason for employment for more than 10 million people in India. This is an effective plan which will attract top foreign companies to set up their business here in India.
In order to attract foreign capital, there has been made huge changes in the defense manufacturing and insurance sectors, however, according to the analyst it needs to do in a more effective manner. More employment in the country will boost the purchasing power of the common man. India is a country with having a unique combination of demography, democracy, and demand which can benefit the investors.
Because of the lack of resources and clarity on policy issues, Indian businessmen too were planning to quit India and set up their business somewhere else. If this happens, will cause a more poor economy. Make in India campaign with various effective resources will draw the attention of worldwide top businessmen to invest in India for any related business. In order to avoid the compulsion of Indian businesses to another country, PM has launched this attractive plan. The dream of PM Narendra Modi
is to make this country free of unemployment by bringing development and growth-oriented employment through his effective governance. Poverty in India can be reduced to a great level by solving the unemployment issue for youths which in turn may solve various social issues.
Essay 3 (400 words)
Make in India campaign was launched in New Delhi by Prime Minister Narendra Modi on the 25th of September in 2014. It is an initiative to make a call to the top business investors all across the world (national or international) to invest in India. It is a big opportunity for all the investors to set up their business (manufacturing, textiles, automobiles, production, retail, chemicals, IT, ports, pharmaceuticals, hospitality, tourism, wellness, railways, leather, etc) in any field in the country. This attractive plan has resourceful proposals for foreign companies to set up manufacturing powerhouses in India.
Make in India campaign launched by the Indian government focuses on building the effective physical infrastructure as well as improving the market of digital network in the country to make it a global hub for business (ranging from satellites to submarines, cars to software, pharmaceuticals to ports, paper to power, etc). The symbol (derived from national emblem of India) of this initiative is a giant lion having many wheels (indicates peaceful progress and way to the vibrant future). A giant walking lion with many wheels indicates courage, strength, tenacity, and wisdom. The page of Make In India on Facebook has crossed more than 120K likes and its twitter followers are more than 13K within a few months of launching date.
This national program is designed to transform the country into a global business hub as it contains attractive proposals for top local and foreign companies. This campaign focuses on creating a number of valuable and honored jobs as well as skill enhancement in almost 25 sectors for improving the status of youths of the country. The sectors involved are automobiles, chemicals, IT & BPM, aviation, pharmaceuticals, construction, electrical machinery, food processing, defense manufacturing, space, textiles, garments, ports, leather, media and entertainment, wellness, mining, tourism and hospitality, railways, automobile components, renewable energy, mining, biotechnology, roads and highways, electronics systems and thermal power.
The successful implementation of this plan will help in the 100 smart cities project and affordable housing in India. The main objective is to ensure solid growth and valuable employment creation in the country with the help of top investors. It will benefit both parties, the investors and our country. The government of India has created a dedicated help team and an online portal (makeinindia.com) for the easy and effective communication of investors. A dedicated cell is committed to answering all the queries from business entities anytime.