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    Make in India

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    shtakshirauniyar

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    © All Rights Reserved
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    Make in India

    Uploaded by

    shtakshirauniyar
    4 views1 page

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    make in india

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    4 views1 page

    Make in India

    Uploaded by

    shtakshirauniyar

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Download as txt, pdf, or txt
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    --MAKE IN INDIA INITIATIVE--

    Make in india initiative is an ambitious initiative launched by the Indian


    government to transform the country into a global manufacturing hub and boost
    domestic production across various sectors.Launched in 2014,this initative aims to
    encourage both domestic and foreign company to manufacture their products within
    India,thereby creating jobs,promoting economic growth,and reducing dependency on
    imports.The make in India focuses on key sectors such as
    automobile,electronic,textiles,defense,and pharmaceuticals,offering
    incentives,simplifying regulations,and improving infrastructure to attract
    insvetment and facilitate ease of doing business.
    By promoting innovation,skill development,and technology transfer,Make in india
    seeks to enhance the competititveness of indian industries on the global
    stage.Since its inception,Make in india has made significant strides in attracting
    foreign direct investment[FDI] and boosting manufacturing units,increasing
    employment opportunities,and contributet to GDP growth.Moreover,initiatives likes
    the national manufacturing policy and skill india mission complement make in india
    by providing a conducive ecosystem for industrial growth and human resources
    development.However,challenges such as beuraucratic hirdles,infrastructure
    bottleneck,and regulatory compalxities persist,hindering the full realisation of
    Make in india potential. Adressing these challenges requires sustained efforts from
    both the government and industry stakeholder to create a condusive enviornment for
    manufacturing excellence.
    In conclusion,Make in india represents a transformative initative aimed at
    unleashing India's manufacturing potential and driving inclusive growth.By
    laveraging its demographic dividend,technological progress,and enterpreneurial
    spirit,India can emerge as a global manufacturing powerhouse,contributing to its
    vision of becoming a $5 trillion economy.

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