Make in India 2021 | Make In India as a Global Campaign | Make in India: Success or Failure

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    Make in India 2021
    Make in India 2021
    Make in India 2021 मेक इन इंडिया 2021

    Make in India 2021

    The “Make in India” initiative was launched by the Government of India on 25th September 2014. This initiative is focused on boosting up the domestic manufacturing sector of India. Basically, this program promises both domestic and international investors the perfect environment to invest and turn India into a manufacturing hub. Cutting down the delays in various manufacturing projects is one of the objectives of Make in India. This initiative also focuses on Job creation in the country primarily in manufacturing and related sectors. Go through this post for the detailed analysis of Make in India 2021.

    Main Highlights of the Scheme 2021

    Before we move on to the details of this scheme. You may check out the basic information about Make in India given in the following table.

    Name of the Scheme Make in India
    Country India
    Launching Date 25th September 2014
    Launched by Prime Minister Narendra Modi
    Managing Authority Ministry of Commerce and Industry (India)
    Aim To transform India into a global design and manufacturing hub
    Ongoing Status Active

     

    Make in India 2021: Key Objectives

    There are three stated objectives of the “Make in India” Scheme as listed below.

    • To increase the manufacturing sector’s growth rate of Indian to 12-14% per annum.
    • Creation of 100 million additional manufacturing jobs in the economy by 2022.
    • To make sure that the manufacturing sector’s contribution to GDP is increased to 25% by 2022 (later revised to 2025).

    Apart from the objectives mentioned above, there are many other objectives that are supposed to be fulfilled by the “Make in India” scheme.

    • To create the appropriate skill sets for manufacturing among rural migrants and the urban poor for inclusive growth.
    • To enhance the Indian manufacturing sector and increase its global competitiveness.
    • Follow the concepts of sustainable development especially regarding the environment.
    Make in India 2021
    Make in India 2021

    Make in India 2021: Ease of Doing Business

    Primarily, the motive of “Make in India” is to attract investors to India by making it a perfectly suitable country for doing business. Given below are some progress made by the program in this field.

    • India Jumped from 130th place in 2016 to 63rd place in 2019 in the World Banks “Ease of Doing Business Index.
    • To boost up Make in India, the government-appointed “the United Nations Development Programme (UNDP) and the National Productivity Council “to sensitize actual users and get their feedback on various reform measures”. These appointments result in competition among various Indian states to improve their rankings in the Ease of doing business Index.
    • The Ease of doing business Index in the Indian state is based on 98 points action plan for business reform. Currently, Andhra Pradesh, Telangana, Haryana, Odisha, Chhattisgarh, and West Bengal (44.35%) are the top six states as per the Ease of Doing business index.

    Make in India 2021: As a Global Campaign

    The Government of India has left no stone unturned as far as transforming “Make in India” into a global campaign. Given below are some major steps by the government towards this campaign.

    Make in India 2021
    Make in India 2021
    • The campaign of Make in India is designed by “Wieden + Kennedy”. It is launched with the release of a dedicated web portal and brochures on the 25 sectors.
    • The Prime Minister of India Narendra Modi coined the term “Zero Defect Zero Effect” to showcase that the products manufactured under the Make in India initiative use state-of-the-art process, materials, and technologies resulting in the products with no defects with no adverse environmental and ecological effects.
    • On 13th February 2016, the government of India organized a multi-sectorial industrial event under Make in India at the MMRDA. This event was attended 2500+ international and 8000+ domestic, foreign government delegations from 68 countries and business teams from 72 countries and 17 Indian states. The government was able to attract the investment commitment of worth US $ 210 billion and investment inquires worth US $ 21 billion. The state of Maharashtra leads the race among the states by getting the investment worth US $ 17 billion.

    Make in India 2021: Sectors Covered, and Projects Launched

    Make in India is a very sophisticated scheme that covers 25 sectors of the economy as explained below. We have also listed some of the major developments in these sectors as given below.

    • Automobiles
      • Kia that is a car manufacturing company has announced that it will invest US $ 1.1 billion to build a car manufacturing plant in Anantapur, Andhra Pradesh.
      • Elon Musk has also stated that he is also intended to join the “Make in India” program with all-electric manufacturer Tesla.
      • SAIC motor also announced that they will invest $300 million to build a car manufacturing plant in Halol, Gujarat.
    • Automobile component
    • Aviation
      • LH Aviation, a French drone manufacturer has announced they will build a manufacturing plant in India to produce drones.
      • Thrust Aircraft Pvt. Ltd. Has also signed an MOU with Govt. of Maharashtra to build an aeroplane manufacturing plant near Palghar district Maharashtra.
    • Biotechnology
    • Chemicals
    • Constructions
    • Defence Manufacturing
      • Recently, under Atma Nirbhar Bharat Abhiyan (Self Reliant India Campaign), India’s ministry of defence has announced the country will import 26 defence related items. The manufacturing of all these items will take place only in India.
      • Many components of the Su 30 mki aircraft will now also be made in India.
    • Defence Exports
    Make in India 2021
    Make in India 2021
    • Electronics Systems
      • Many companies are investing in various projects under the make in India scheme.
        • Lenovo: manufacturing of Motorola at Sriperumbudur near Chennai run by Flextronics.
        • HMD Global: Finnish company announced in early 2018 that it will start manufacturing all the parts of Nokia phones in Foxconn run facility in Chennai
        • Samsung: 10 “MSME-Samsung Technical Schools”[74] and manufacturing of Samsung Z1 in its plant in Noida)
        • Huawei: new research and development (R&D) campus in Bengaluru with an investment of US$170 million
        • VVDN Technologies: ODM based out of India[83] expanded it’s Manufacturing With an Additional 10 Acre Global Innovation Park in India in line with the government’s Make in India initiative
      • Electrical machinery
      • Food processing
      • Exports
      • Information technology and business process management
      • Leather
      • Media and entertainment
      • Mining
        • NLC India has signed an MOU with govt. of Odisha during Odisha investor summit to set up a coal mining processing plant at the cost of Rs. 7500 crore. ($1.1 billion)
      • Oil and Gas
      • Pharmaceuticals
        • Biopharmaceutical firm AstraZeneca said they are going to invest $90 million in India over the next five years.
      • Ports & Shipping
      • Railways
        • Alstom/GE Transportation: The French and American rolling stock manufacturers announced ₹400 billion (US$5.6 billion) locomotive manufacturing factories in Madhepura and Marhaura in Bihar.
        • Train 18 began operating tests in October 2018. It is a semi-high speed train, 80% domestically sourced
        • Alstom/GE Transportation: The French and American rolling stock manufacturers announced ₹400 billion (US$5.6 billion) locomotive manufacturing factories in Madhepura and Marhaura in Bihar.
      • Rapid Transit
      • Renewable energy
      • Roads and highways
      • Space and astronomy
      • Textiles and garments
      • Thermal power
      • Tourism
      • Wellness and Healthcare

    Make in India 2021: Logo

    Make in India 2021
    Make in India 2021
    • The logo of make in India was designed by an International design agency Weiden + Kennedy (W+K), based in the United States of America’s Portland, Oregon.
    • The logo is the silhouette of a lion on the prowl.
    • Please note that the logo of make in India is made on cogs which symbolize manufacturing strength and National pride.
    • The government of India has strictly prohibited the use of the “Make in India” logo without prior permission.

    Make in India 2021: Other schemes launched to support

    There are several schemes that are launched by the Government of India to support the Make in India program. Some of these schemes are as follows.

    • Skill India Program
      • This program aims to skill 10 million in India annually in various manufacturing sectors.
      • The objective of this scheme to make more and more people in India employable.
    • Start-up India
      • The primary idea behind the start-up India is to build an ecosystem that helps and promotes various start-ups in India.
    • Digital India
      • Digital India aims to transform the Indian Economy into a digitally empowered economy. This program also promotes Cashless transactions.
    • Pradhan Mantri Jan Dhan Yojana (PMJDY)
      • The government is looking to add more and more people to the banking sector through Pradhan Mantri Jan Dhan Yojana (PMJDY). Under this scheme, the government opens bank accounts on behalf of the people in India. These bank accounts are used extensively for direct transfer of benefits.
    • Smart Cities
      • Smart cities are yet another scheme of the central government to transform and modernize Indian cities.
      • The aim of this scheme is the creation of at least 100 smart cities in India.
    • AMRUT
      • AMRUT stands for Atal Mission for rejuvenation and Urban Transformation.
      • The aim of this scheme is to build basic public amenities and make 500 cities in India more livable and inclusive.
    • Swachh Bharat Abhiyan
      • As the name itself suggest Swacch Bharat Abhiyan was launched to make India cleaner.
      • Under this mission, various cities all over the country are ranked as per their cleanliness.
      • Currently, Indore Madhya Pradesh holds the title of the cleanest city in India
    • Sagarmala
      • The sagarmala project aims to develop various ports of India. Apart from this, the project aims to enhance ports led activities in India.
    • International Solar Alliance (ISA)
      • International Solar Alliance abbreviated as ISA is an alliance of 121 countries. Most of these countries either lie completely or partly between the Tropic of Cancer and the Tropic of Capricorn.
      • The aim of ISA is to accelerate the research and development in solar technologies and creating policies regarding the same.
    • AGNII
      • AGNII stands for Accelerating Growth of New India’s Innovation.
      • The primary objective of this scheme to connect people and assist in commercializing innovations.

    Make in India 2021: Challenges

    It is true that there are hurdles and challenges faced by the make in India scheme. Some of the challenges are as follows.

    • Low Productivity from the manufacturing units than expected.
    • Investment from shell companies
    • Complicated Labour laws which are needed to be simplified.
    • Infrastructure which is yet to be developed in many cities.
    • Transportation facility not being up to the mark in some cities.
    • Red Tapism delaying manufacturing projects.
    • Steps taken by the government in rules and regulations are not sufficient
    • Although the government has taken steps to revive the FDI norms to make India favourable for FDI.
    • Competition has given by different countries around the globe especially South Asian countries.
    • Way too much reliability on foreign investments and capitals.
    • Ambitious goals are way too much for the existing setup of the manufacturing sector in the country.
    • Make in India is dealing with a lot of (too many) sectors at once.

    Make in India 2021: Outcomes/ Achievements

    Despite having a lot of challenges Make in India has some very positive outcomes as well. Some of these outcomes are as follows.

    • Foreign direct investment (FDI) in the country has increased from $16 billion in 2013-14 to $36 billion in 2015-16.
    • Foreign direct investment in the service sector is increased to $23.5 billion.
    • The creation and implementation of Goods and Services Tax (GST) have made the manufacturing sector or industry of the country more transparent.
    • Many foreign companies have invested in India. Currently, many manufacturing plants are being set up in India especially from the manufacturers of electrical equipment.
    • Global exports of India are gradually increasing which is a very positive sign.
    • The global presence and publicity campaign of Make in India have worked quite well.

    Make in India 2021: Success or Failure?

    Well, there can be a very long debate regarding whether Make in India is a success or a failed scheme. However, we can let you know about the few facts that you should know.

    • The scheme is failed to increase the manufacturing sector’s contribution to GDP to 25%. This target is now postponed to 2025.
    • The investments by foreign players through FDI are not as expected at the time of the launch of the scheme.
    • Even though many jobs are being created due to ambitious make in India projects. Still, they are not game-changers as it was expected.
    • The global export of India is around 2% which is far less than the competitor China which is around 18%.

    Make in India 2021: What needs to be done?

    As you can see there are many targets that are not meet by the Make in India. Here, are some suggestive measures that the government can follow to fix the drawbacks in the Make in India scheme.

    • Stop investments from shell companies.
    • We have curb down the black money being invested through Shell companies. Indian tax authorities need to be more vigilant regarding the same.
    • Increase productivity via skill development and other training programmes.
    • Simplification of labour laws is the need of the hour. Complicated labour laws are forcing plants to have only 100 employees.
    • Reduce power outages in plants. We should note that to attract the investors we have to provide the electricity with fewer outages and less cost.
    • It is also important for us to improve our infrastructure like transportation facilities, etc. in order to compete with countries like china.
    • Reduce red-tapism and corruption.
    सरकारी योजना List 2021 प्रधानमंत्री सरकारी योजना 2021

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