Make in India - The Hindu - 09/01/23
Recently, over a dozen “restrictive and discriminatory” conditions which prevented local suppliers from participating in the bidding process were flagged by the Union Government to boost ‘Make in India’ initiative.
-Launched in 2014, Make in India aims to transform the country into a leading global manufacturing and investment destination.
-It is being led by the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India.
-To attract foreign investment for new industrialisation and develop the already existing industry base in India to surpass that of China.
-Target of an increase in manufacturing sector growth to 12-14% per annum over the medium term
-To increase the share of manufacturing sector in the country’s Gross Domestic Product from 16% to 25% by 2022
-To create 100 million additional jobs by 2022.
-To promote export-led growth.
-Foreign Direct Investment (FDI) Inflows
-Production Linked Incentive (PLI)
-National Single Window System (NSWS)
-PM Gati Shakti Programme
-Scheme for building Semiconductor Ecosystem
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