Make in India Essay

The Make in India initiative aims to start domestic manufacturing of various goods instead of importing them from other countries. This scheme will give the people of India more opportunities to improve their skills and abilities. The campaign concentrated on 25 industries to increase investments and job possibilities. Here are a few sample essays on "Make in India".

100 Words Essay On Make In India

India experienced a severe economic crisis in 2013 when the developing market collapsed, and the growth rate sharply decreased. Investors from over the world were thinking about investing in India. On September 25, 2014, our prime minister, Narendra Modi, founded the "Make in India" initiative. A request for investment in India is being made to the best business investors around the world. All investors have an excellent opportunity to launch their businesses in any industry, anywhere in the nation. This attractive campaign includes creative recommendations for foreign enterprises to establish manufacturing facilities in India. The Make In India campaign can help the country's economy reach a new height and solve various social issues.

200 Words Essay On Make In India

The Indian government's Make in India campaign is centred on creating efficient physical infrastructure. Further, it was intended to extend the nation's digital network market and become a hub for international trade.

3 Is | Make in India is the promotion of foreign investment such that it brings the latest technology, increases the scope of knowledge, and promotes research and development. Thus, make in India focuses on 3Is, which are infrastructure, investment and innovation.

Focus On 25 Sectors | The campaign focused on 25 sectors to increase investments and job opportunities. The development of these 25 sectors will contribute to the nation's economy growing more quickly.

Logo | The logo for the “Make In India” mission shows a lion with wheels encompassing every inch of its body. It represents development, sturdiness, and intelligence.

Objective | This initiative's objective is to increase foreign investment in the country. This will facilitate the establishment of international corporations in India. 15% of the country's GDP comes from manufacturing. By 2022, the campaign aims to boost the manufacturing sector's GDP contribution by 25%.

In India, both unemployment and poverty rates are high. By creating new job opportunities, the "Make in India" initiative aims to reduce poverty and the unemployment rate in the country. The initiative also emphasises the growth of Indian people in rural areas.

500 Words Essay On Make In India

The "Make in India" campaign strives to promote India as a place where international investments can be made and a global hub for manufacturing, design, and innovation. The "Make in India" project encourages entrepreneurship in the nation and the manufacturing sector.

Objectives

The "Make in India" initiative aims to turn India into a manufacturing centre. This campaign's primary goal is to require that everything sold everywhere in the world be made in India. Both domestic and international businesses can perform the manufacturing. This project aims to increase global investment in the country as well. This will make it easier for multinational corporations to establish operations in India.

Beginning

The day following the Mars Mission, when Indian prime minister, Narendra Modi, had to leave for his first visit to the USA, this campaign was started. Indian government created this programme to improve India's manufacturing sector, which will undoubtedly help the country's economy.

Support For Investors

The Indian government is working hard to minimise any form of burden on investors. A specialised team has been set up and is prepared to respond to any questions from business organisations via the website (makeinindia.com). To reply to individual inquiries within 72 hours, there is also a back-end support team.

Advantages Of Make In India

• Most of the raw materials needed to manufacture various items are readily available in our nation. By advocating this plan, the resource will only be used appropriately in our country.

• This plan will strengthen the economy of our country.

• Creating as many employment options for Indian nationals as possible is one of the critical goals of the Make in India campaign.

• Boosting economic growth to raise GDP.

• The inflow of FDI will increase, strengthening the rupee.

• Small manufacturers will benefit significantly if foreign investors invest in them.

Disadvantages Of Make In India

• The ecology will suffer significantly due to the growth of new industries. It will degrade the quality of water, air, and soil of the country.

• The agricultural industry might get ignored as a result. Less attention would be paid to agricultural activity.

• Small enterprises might lose a lot of money. They will compete more fiercely with foreign investor firms.

• Since no one wants to encourage competitors, this will undoubtedly ruin relations with nations that have already established themselves in the same industry.

Examples Of Execution

A few examples of how "Make in India" came into action are discussed below.

• In January 2015, Samsung Mobile Company CEO Hyun Chil Hong met MSME Minister Kalraj Mishra and discussed potential collaborations and the company's Noida facility.

• In February 2015, HUAWEI inaugurated its Research and Development Campus in Bengaluru, and Hitachi discussed investing in India and stated they could set up shop there. Along with this, he discussed how the Chennai government had approved the construction of a telecom hardware plant in Chennai.

• In February 2015, XIAOMI Mobile Company suggested working with the Andhra Pradesh government.

• In August 2015, Lenovo announced that production of its Motorola mobile phones had begun at a facility close to Chennai.

• In December 2015, VIVO Mobile Company, which employed 2200 employees, began producing its mobile devices in Noida.

• When the Japanese Prime Minister visited India in December 2015, he donated 12 lakh crores of Japanese money to the Make in India initiative.

The scheme Make in India will help in developing the country in various ways. The proper execution of policy will slowly eradicate the problem of poverty and unemployment in our country.