Prime Minister Narendra Modi is making constant steps throughout his career as a politician in India to improve his country in ways that will be beneficial to as many people as possible. In order to achieve this, he has launched a number of initiatives during his time in office. Digital India is an initiative that aims to improve internet connectivity and online infrastructure, in order to make Government services more widely available to people across the country, by allowing them to access them electronically.
Clean India, or Swachh Bharat Abhiyan, aims to clean up the streets of India, and Modi even launched the initiative by cleaning the streets himself. Another initiative, Skill India, was launched to help to teach more people in India key skills to help with their education and careers. One key initiative that was launched by Modi on 25th September 2014 is Make In India, and has been called his most ambitious initiative yet.
This initiative encourages companies from India as well as countries around the world to manufacture their products in India. Make In India was launched primarily to attract more foreign direct investment (FDI) to the country, and if the aims of this initiative are achieved, India will surpass both China and America to become the best country in the world for FDI. By attracting more FDI to the country, Make In India will help to enhance the skills of people in India and create a great deal more jobs, which will have a positive impact on the country’s economic growth, one of Modi’s priorities in his policies as Prime Minister.
The Make In India initiative focuses on 25 different industries, including automobiles, construction, oil and gas, textiles and garments, renewable energy, and railways. The wide range of sectors covered by the initiative means that the skills developed and the jobs that will be made available will be vast, affecting a lot of people, as well as the country, in a positive way.
A key focus of the manufacturing process under the Make In India initiative is to produce high quality manufacturing standards, which will further improve India’s reputation as a source of manufacturing and help to attract even more investors in the initiative. The other aim is to keep the impact manufacturing these products has on the environment to a minimum. To reflect these two core principles, Modi created the slogan “Zero Defect Zero Effect“, making reference to the quality of the products manufactured and the minimal effect the manufacturing processes will have on the environment.
Zero defect and zero effect, both are very important: PM @narendramodi
— PMO India (@PMOIndia) April 13, 2015
Many well known, large global companies have already committed to the initiative, either committing to build factories in India or to expand their current manufacturing output from the country. This is an early indicator of the success of the scheme and suggests that it can achieve great things in the future.
This month it was announced that Prime Minister Modi will inaugurate Make In India week, which will take place in Mumbai from 13th – 18th February 2016, with a focus on design, innovation and sustainability. This week will serve as a boost to the initiative, raising awareness and hopefully getting more companies involved by showcasing the potential of the manufacturing sector in India and the quality of work they can produce for any companies who invest in them. At present it is predicted by the Department of Industrial Policy and Promotion (DIPP) that more than 1,000 companies from ove 60 countries will be involved in the events of the week.
The week will focus on ten key sectors out of the 25 contained within the initiative.
There are a number of special events scheduled for the week, including seminars and summits featuring numerous experts from a variety of industries such as design, engineering and architecture, as well as an award ceremony hosted by Prime Minister Modi upon the inauguration of the week.
— MIB India (@MIB_India) December 20, 2015
Modi’s Make In India initiative is set to be a great success for India and those living there, and hopefully the Make In India week will further the amount of people and companies getting involved in the scheme and committing to manufacturing partnerships with India. The DIPP have stated that 10 different companies have committed to or began talks to arrange investments of $120 billion into the scheme over the next 5 – 10 years. Plus, in the 17 months since Modi announced the launch of the Make In India initiative, India’s FDI has increased by approximately 35% compared to its growth over the previous 17 month period. The confidence gained from the growth in the manufacturing industry in India will surely aid the economic development of the country even further, beyond the initiative itself. Take a look at the Make In India Twitter account for updates about the event in February next year, or visit the official Make In India Week website for more information, or to register for the events of the week.0