Describe the methods to make Indian industries up to the International
standards?
Answers
Answer:
Make in India is an initiative by the Government of India to encourage companies to manufacture in India and incentivize dedicated investments into manufacturing.[1] The policy approach was to create a conducive environment for investments, develop a modern and efficient infrastructure, and open up new sectors for foreign capital. The initiative targeted 25 economic sectors for job creation and skill enhancement,[2] and aimed "to transform India into a global design and manufacturing hub
Answer:
Strong macro-economic fundamentals, growth and demand potential, continued availability of skilled labour, FDI relaxations, strong political leadership, government spending on creation of supporting infrastructure, industry-specific policies, subsidies and incentive schemes along with improvement in the ease of doing
Explanation:
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