Page 17 - NIS English 01-15 November, 2024

Decrease in
mobile imports
r48,609 crore r7,674 crore

2014-15 2023-24 The continuous increase in FDI
in the country is also telling
the success story of our 'Make
in India'. Now we are mainly
focusing on two things. The first
The number
is 'Quality', that is, the things
of recognized
startups in made in our country should be
the country of global standard. The second
1.33 things should be promoted as
increased to
is 'Vocal for Local', that is, local

much as possible.

LAKH - Narendra Modi, Prime Minister

art facilities is making travel easy and fast. This is India has been importing telecom
India's first indigenous semi-high-speed train. So far gear for many years, but this
more than 130 Vande Bharat train services have been scenario has changed due to the
started. In the Ease of Doing Business ranking, India
was ranked 142nd in 2014, which has now reached Make-in-India and PLI scheme,
63rd position. Foreign Direct Investment (FDI) flow due to which equipment worth
in India has broken all records. The flow of foreign more than Rs 50,000 crore is being
investment in the year 2014-15 was $ 45.14 billion, produced in the country.
which has reached $ 70.95 billion in the year 2023-24.
India received $ 667.4 billion in FDI from 2014 to 2024,
which is 119 percent more than the previous decade
2004-14. This investment has been made in 31 states of reforms in India is political stability and strong
and 57 sectors, which promotes development in decision-making leadership. India's development is
diverse industries. The major reason for this pace related to the mantra of Vocal for Local. Today, the

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