India’s potential for industrial achievements is making a global impact. India as a manufacturing hub is seeing the emergence of new smart cities and industrial clusters in identified industrial corridors that have connectivity, infrastructural facilities and specialized institutions for developing skills. New policies have been methodically developed by the Government of India to facilitate foreign investments, advanced processes and cutting edge infrastructure for focussed industrial expansion.
One major objective behind the initiative is to focus on job creation and skill enhancement in twenty-five sectors of the Indian economy. The initiative also aims at achieving high quality standards and minimising industrial impact on the environment.
Make in India is an initiative of the Government of India aimed at making India a global manufacturing destination. It facilitates multinational, as well as domestic companies to manufacture their products in India. Make in India was launched by Prime Minister Narendra Modi on 25 September, 2014. Ever since, it has picked up momentum and engaged active participation from top companies in India and abroad, and opened up multiple avenues for Foreign Direct Investments.