Page 26 - NIS English 16-30 Sep 2024.pdf
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A decade of
                        Make in India
                                                                  Due to the impact of Make in India, imports
                         Cover Story
                                                                         of these items also decreased










          Under the One District-One Product
                                                                         Electronics       -45.2%
          selection, branding, and marketing
                                                                         Biochemicals  -31.3%
           initiative, 1237 products have been
           identified from 782 districts across                          Crude Fertilizer  -42.2%
                                                                        India's ranking improved in the
           the country, which include textiles,
            agriculture, food processing, and                               Global Innovation Index
               handicrafts, among others.
                                                                          81 st


        and development.  Today, India probably  has the
        maximum  opportunity for  FDI.  Many agencies
        and institutions of  the world have consistently                                 40 th
        described India as the most attractive destination
        for investment.
          Certainly,  today  India  has  emerged  as  a  bright
        spot in the global economy and today the highest                  2015            2023
        foreign direct  investment  in the  whole world is
        coming to  India.  The  whole  world  is  looking at                                   17 times
        India  as  a  hub for  investment,  innovation, and                    5978          increase in
        development. The development of industries will                                     the number of
        be possible  only in cities,  this was  the thought                                    patents
        due to which Dr.  Baba Saheb  Ambedkar believed
        in the  urbanization of India.  Taking his vision                                     2014-15
        forward, Smart  City Mission,  and Urban Mission                                      2023-24
        were  launched in the  country so that  every  kind                 1,03,057
        of facility - be it good roads, water supply, health
        facilities, education or digital connectivity can be
        made available in the big cities and small towns of
        the country. Baba Saheb strongly believed in self-       Vande Bharat Train, India’s first
        reliance. He did not want a person to live his life      indigenous semi high speed train
        in  poverty  forever.  He  also  believed  that  poverty   with state-of-the-art coaches. It
        cannot be eradicated  by  merely  distributing           offers passengers a whole new travel
        something among the poor. Today, initiatives like        experience, it is a great example of the
        Mudra Yojana, Startup India, and Stand Up India are      success story of ‘Make in India’.
        giving birth to innovators and entrepreneurs among
        the youth. Prime Minister Modi says, "I want to say      INS Vikrant is India’s first domestically
        to  my  entrepreneurial  friends across  the  world:     built aircraft carrier. India is achieving
        Come, Make in India, Invest in India - for India, for    new milestones in defence production to
        the world. I invite each one of you to be a part of      reduce imports and become self-reliant in

        India's development story." n                            this key sector.
        24  New India Samachar    September 16-30, 2024
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