Made in India

What is Made in India?

About: The Make in India initiative was launched by our respected PMO Narendra Modi in 2014
as in support to native industrialists. And Prime Minister devised it to transform the present
condition of Indian manufacturing industries. And a strong support for youngsters
who are willing to start their business but due to lack of financial support, are not able to do anything.

This initiative is real growth factor in the field of start ups and new business ideas.
And this is the only kind of step taken by Modi govt. to  promote indian manufacturer
to take their brand to the global level.

It was very important for Indian business and industries to understand
“What is make in India?” It is because this initiative was taken when India was
on the brink of severe economic failure.

Benefits:

Make in India was started to facilitate Indian manufacturing and even today it has the same principles. If you live in
India, doing a manufacturing kind of business, you need to see this.

• It is not just a slogan, it was an initiative taken by our PM against the backdrop of economic
  crisis in India.  

• Actually this initiative was more for the government rather than citizens of India.
  It depicted a complete change of the Government’s mindset - a major shift from
  issuing authority to business partners.

• It helped every manufacturer to adopt a new strategy that inspires, empowers and
  enables in equal measure.

• In a very short period of time, the obsolete and obstructive frameworks of the
  past have been dismantled and replaced with an authentic, user friendly digital system.

• Today, India’s credibility is stronger than ever before and the momentum of its industrial
  development is very high.

Some benefits to the Manufacturing Industries

Under the leadership of Prime minister Modi ji the Government of India is building a
pentagon of industrial corridors all over the country to provide developed and quality infrastructure
for industrial township.

1. Generating more job opportunities for Youth

2. Benefit to the local area, once a new business starts, first and foremost the nearby people.

3. Growth of GDP

4. Increase in the Indian Brand’s value

5. Strengthen the rupee

6. Use of New technology available

7. Ease of Business for new start ups

8. Involvement of more young minds

9. Rural area under development schemes

10. Better capital flow

In fact, there are some disadvantages also, but over all this scheme launched by modi govt.
In 2014 was a huge stepping stone in the progress of Indian economy.

And since the beginning of capitalization, the Inidan rupees is being spent on the foreign countries.
Now, with the introduction of make in India, the capital will not only remain in India, but also the foreign
currency will be provided to the nation as well.

Why Make in India?

It was started on 25 september 2014 by Modi govt. And this was and even today is to
improve the business environment by easing the processes to businesses across the country.

Make in India products not only generates value of our Indian currency but also helps the nation
to utilize foreign currencies for the nation’s well being.

How it is important for India

“This step of prioritizing national manufacturing was once taken by Japan and today it is rich
and developed nation.”

So, make in India is very important for India in several ways, firstly indians have started thinking
of creating valuable products. And since government has started such scheme, every youth of the
country is paying more attention to start something here rather than leaving the country for better jobs.

You can’t make a nation better unless its industrial development is not taken care off.
And this is a big reason why make in india is important for India.

Secondly, this step makes our country self reliance rather than depending upon other
countries for basic requirements.

More manufacturing units are introduced in the nation less import of goods will be there.
And this can grow our economy on a tremendous pace.