Page 34 - NIS English 16-30 September, 2023

Nation 9 years of Make in India

hen Prime Minister Narendra Modi
addressed the nation for the first time OBJECTIVES OF MAKE IN INDIA
from the ramparts of the Red Fort in 2014,
Whe gave a call: "Move forward for Make in Facilitate investment, promote innovation,
India. Make a list of such items that we import from enhance skill development, protect intellectual
abroad so that we do not have to import them. Get property, and build world-class manufacturing
into export mode. Gave the formula of zero defect and infrastructure.
zero effect. Will not make an item that has defects WAYS TO TURN ADVERSITY INTO AN
so that it is returned from the world market. We will OPPORTUNITY
Aatmanirbhar package, introduction of the
make an item that has zero or no negative impact on Production Linked Incentive (PLI) Scheme in 14
the environment. The impact of this call was such sectors with a budget of approximately Rs 1.97
that, within a few years, this unique 'vocal for local' crore, National Infrastructure Pipeline, Investment
initiative, 'Make in India,' became not just a plan but a Opportunities under the Monetization Pipeline,
national campaign. India is constantly striving to be Industrial Land Bank of India, Industrial Park Rating
at the forefront of manufacturing. System, and apart from the soft launch of the
National Single Window System, an institutional
India has undertaken several reforms in the last mechanism in the form of a Project Development
nine years to boost domestic manufacturing through Cell has been established in all ministries and
Make in India, including the introduction of the departments to accelerate investment.
Goods and Services Tax, a reduction in corporate
tax, an improvement in the Ease of Doing Business,
compliance burden reduction measures, a phased HUGE DEMAND FOR 'MAKE IN INDIA'
manufacturing programme, and a quality control
order. From semi-conductors to aircraft, Make in India PRODUCTS AROUND THE WORLD
is being promoted not only in everyday products but
also in defence. Everything was made in India, from
missiles to light combat helicopters and assault rifles 776 Increase of about 44%
to transport aircraft. To promote Make in India in the Increase of about 74% Billion Dollars 450.4
Billion Dollars
defence sector, approximately 75% of the total budget
for defence procurement has been set aside for items 446 314.4
manufactured by Indian companies and citizens. Not Billion Dollars Billion Dollars
only that, but a list of 411 defence-related equipment
and goods has been compiled that will only be
purchased through Make in India.
Today, the world sees India as a manufacturing 2013-14 2022-23 2013-14 2022-23
Total exports of Goods Exports
powerhouse. Our manufacturing sector accounts the country
for 15% of our GDP, but Make in India has limitless
potential. Prime Minister Narendra Modi recently
stated that we must work together to build a strong 325.72
manufacturing base. What is required in the country Million Dollars
today is the promotion of Make in India. There are Increase of Nearly 4 Times
two things to consider: one is to carefully consider

83.23
India World's Pharmacy: Top exporter
Million Dollars
of PPE kits, masks, hand sanitizers.
2013-14 2022-23
Supply of more than 29 crore vaccines Exports of Toys
to 100 countries.

32 New India Samachar September 16-30, 2023