Make in India Marks 11 Years of Economic Transformation

On September 25, 2025, Prime Minister Narendra Modi said Nation marked the 11th anniversary of the Make in India initiative, reflecting on its contributions to India’s economic resilience and self-reliance. Launched on the same day in 2014, Make in India aimed to position India as a global manufacturing hub, boost entrepreneurship, and reduce dependency on imports.

Why Make in India Was Launched

When launched in 2014, Make in India had three key objectives,

  • Increase the share of manufacturing in GDP from around 16% to 25%
  • Create 100 million jobs in the manufacturing sector by 2022
  • Attract foreign direct investment (FDI) and improve ease of doing business
  • The initiative targeted 25 priority sectors, including automobiles, electronics, pharmaceuticals, renewable energy, defence manufacturing, and textiles.

Achievements Over the Past 11 Years

Manufacturing and Exports Growth

  • Despite global disruptions like the COVID-19 pandemic, India’s manufacturing sector has shown resilience:
  • India’s merchandise exports crossed $450 billion in FY2024, with engineering goods, electronics, and chemicals leading the growth.
  • The PLI (Production-Linked Incentive) schemes, introduced under Make in India’s broader umbrella, have attracted investments across electronics, semiconductors, and pharma.

Job Creation and Start-up Ecosystem

Make in India laid the foundation for Aatmanirbhar Bharat and Startup India, contributing to,

  • A rapid increase in MSMEs and startups, especially in technology and manufacturing.
  • Growth of over 1.3 crore jobs in the organized manufacturing sector between 2014 and 2024 (Labour Ministry estimates).
  • Expansion of digital and industrial infrastructure, particularly in Tier-II and Tier-III cities.

FDI and Global Trust

  • India received record FDI inflows, reaching $85 billion in FY2022, reflecting investor confidence.
  • Several global companies—like Apple, Samsung, Boeing, and Tesla—either expanded or began manufacturing operations in India.

Challenges and Areas of Improvement

While Make in India has seen success, some challenges remain,

  • Manufacturing’s contribution to GDP still hovers around 17%, below the original 25% target.
  • Land acquisition, logistics bottlenecks, and labor law complexities continue to affect large-scale industrial investment.
  • FDI inflows have slowed in recent years due to global uncertainties.
  • However, ongoing reforms in infrastructure, taxation (like GST), and trade policies are expected to address many of these hurdles.

Make in India and Aatmanirbhar Bharat: A Synergistic Push

Since 2020, Make in India has closely aligned with the Aatmanirbhar Bharat Abhiyan, promoting local manufacturing and reducing import dependency across sectors,

  • Defence procurement has seen a dramatic shift towards indigenization.
  • Mobile phone production in India increased more than 10 times since 2014.
  • India became the second-largest producer of PPE kits and vaccines during the pandemic.
  • These milestones underscore how Make in India evolved from a slogan into a core component of national policy.

Key Takeaways

  • Launched: 25 September 2014 by PM Narendra Modi
  • Objective: Boost manufacturing, create jobs, attract FDI
  • India ranks among top investment destinations globally
  • Key tools: PLI schemes, industrial corridors, Ease of Doing Business
  • Current Rank: India’s manufacturing share is ~17% of GDP
Shivam

As a Content Executive Writer at Adda247, I am dedicated to helping students stay ahead in their competitive exam preparation by providing clear, engaging, and insightful coverage of both major and minor current affairs. With a keen focus on trends and developments that can be crucial for exams, researches and presents daily news in a way that equips aspirants with the knowledge and confidence they need to excel. Through well-crafted content, Its my duty to ensures that learners remain informed, prepared, and ready to tackle any current affairs-related questions in their exams.

Recent Posts

NASA Names Artemis III Crew for Historic 2027 Moon Mission Test Flight

NASA has announced the crew for the Artemis III mission which is scheduled for the…

2 hours ago

National Award-Winning Director Bharathi Rajaa Passes Away at 84 in Chennai

The renowned filmmaker Bharathi Rajaa was passed away in Chennai at the age of 84.…

2 hours ago

Zojila Tunnel Breakthrough Achieved: India Nears All-Weather Connectivity with Ladakh

On 9th of June, 2026 India had achieved the successful breakthrough of the main tunnel…

2 hours ago

PM Modi to Visit France and Slovakia; G7 Summit, Innovation and Strategic Ties in Focus

Honorable Prime Minister Narendra Modi is set to embark a six day visit to France…

3 hours ago

Amit Shah Launches LPMS ‘VINIMAY’; India Moves Closer to Smart Border Management

Union Home Minister Amit Shah has launched the Land Port Management System (LPMS) ‘VINIMAY’ in…

3 hours ago

Reliance Industries and Meta Partner to Build India’s First AI-Enabled Hyperscale Data Centre in Gujarat

The Reliance Industries Limited (RIL) and Meta Platforms have announced the strategic partnership to establish…

4 hours ago