Question

Essay on make in India in about 300wordsess

Answer 1

The Prime Minister of India, Shri Narendra Modi has launched an initiative named Make in India on 25th of September, 2014 in New Delhi. The aim of this campaign is to provide India an economic global recognition. While launching the programme, PM said that investors should take it as an opportunity and not as market in India. This campaign aimed to renew an Indian economy from services-driven growth model to the labour-intensive manufacturing-driven growth. A successful implementation of the programme will be the reason of 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 more effective manner. More employment in the country will boost the purchasing power of common man. India is a country having unique combination of demography, democracy, and demand which can benefit the investors.