Page 24 - NIS English 16-30 Sep 2024.pdf
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A decade of
Make in India
Cover Story 12 Industrial Smart Cities will give
new flights to Make in India
Industrial Smart Cities to be developed under
the National Industrial Corridor Development
Program will give new flights to Make in India. In
the budget for the financial year 2024-25, it was
has approved over 4 crore houses to guarantee announced to build 'plug and play' parks in or
around 100 cities. Under its same scheme, on 28
housing for all. The Swachh Bharat Mission has August 2024, the Union Cabinet gave new energy
successfully built over 11.7 crore toilets, leading and momentum to the 'Make in India' campaign
to massive improvements in sanitation across the by approving 12 Industrial Smart City Projects.
country. In 2014, barely half the villages had all- This Industrial Smart City Project has been done
weather road connectivity, but today this number strategically near 6 major corridors. These
has risen to over 99%. projects will play an important role in increasing
To move the country's economy forward, it is India's manufacturing capabilities as well as
necessary to change old thinking. Make in India is accelerating economic growth. Rs 28,602 crore
will be spent on this project. It has the potential
doing the same today. The Aatmanirbhar Bharat of generating an investment of Rs 1,52,757 crore
Abhiyan is linking this potential of women with and generating 9.39 lakh jobs. Along with the
the development of the country. And, the results establishment of industries in these new industrial
are in front of us. Today, about 70 percent of the smart cities, Indian products will be manufactured
beneficiaries of Mudra Yojana are women. Crores based on global quality.
of women have started their own businesses with
the help of this scheme and are also providing Khurpiya, Uttarakhand
1,002 acres, cost Rs 1,265 crore
employment to others. Going beyond basic Potential investment Rs 6,180 crore, employment
needs, the government has taken transformative potential 75,057
decisions since 2014 to increase economic activity Focus areas: Automobiles, auto components,
in every possible way. For example, along with labor engineering and fabrication
reforms in the manufacturing sector, initiatives like Rajpura-Patiala, Punjab
Make in India, Production Linked Incentive Scheme 1,099 acres, cost Rs 1,367 crore
have greatly encouraged the overall industrial Potential investment Rs 7,500 crore, employment
sentiment. The service sector has also performed potential 64,204
well, registering a jump due to strong financial, Focus areas: Electronics systems, design
public administration, and professional services. manufacturing, textiles and apparel, food and
The construction sector, in particular, is performing beverages, rubber and plastics, fabricated
exceptionally well as the government has increased products and chemicals, machinery and
its capital expenditure substantially. Apart from equipment, pharmaceuticals.
this, schemes like PM Fasal Bima Yojana, PM Agra, Uttar Pradesh
Kisan, Paramparagat Krishi Vikas Yojana, PM Krishi 1,058 acres, cost Rs 1,812 crore
Sinchai Yojana, and E-NAM are actively supporting Potential investment Rs 3,447 crore, employment
and modernizing agriculture and changing the face potential 69,516
of Indian agriculture. Focus areas: Leather goods and apparel,
PM Modi is very committed to pave the way engineering and fabrication, food processing and
beverages, medicine and medical consumables,
for making India a developed country by 2047. ESDM.
His further efforts towards building long-term
infrastructure are gaining momentum through Prayagraj, Uttar Pradesh
AMRUT, Smart City, Vande Bharat trains, industrial 352 acres, cost Rs 658 crore
and freight corridors as well as Sagarmala and Potential investment Rs 1,600 crore, employment
potential 17,700
Bharatmala. All these meaningful efforts are driven Focus areas: E-mobility-based automobiles,
by PM Gati Shakti and the National Infrastructure readymade garments, food processing and
Pipeline which aim to simplify and integrate the beverages, bicycle manufacturing, leather goods,
planning and financing of infrastructure activity in and packaging.
22 New India Samachar September 16-30, 2024
