Make In India

Make in India campaign was launched in new Delhi by the Prime Minister Narendra Modi on 25th of September in 2014. It is an initiative to make a call to the top business investors all across the world (national or international) to invest in India. It is a big opportunity to all the investors to set up their business (manufacturing, textiles, automobiles, production, retail, chemicals, IT, ports, pharmaceuticals, hospitality, tourism, wellness, railways, leather, etc) in any field in the country. This attractive plan has resourceful proposals for the foreign companies to set up manufacturing powerhouses in India.

It focuses on building the effective physical infrastructure as well as improving the market of digital network in the country to make it a global hub for business (ranging from satellites to submarines, cars to softwares, pharmaceuticals to ports, paper to power, etc). The symbol (derived from national emblem of India) of this initiative is a giant lion having many wheels (indicates peaceful progress and way to the vibrant future). A giant walking lion with many wheels indicates the courage, strength, tenacity and wisdom. The page of Make In India on the Facebook has crossed more than 120K likes and its twitter followers are more than 13K within few months of launching date.

This national program is designed to transform the country into a global business hub as it contains attractive proposals for top local and foreign companies. This campaign focuses on creating number of valuable and honored jobs as well as skill enhancement in almost 25 sectors for improving the status of youths of the country. The sectors involved are automobiles, chemicals, IT & BPM, aviation, pharmaceuticals, construction, electrical machinery, food processing, defense manufacturing, space, textiles, garments, ports, leather, media and entertainment, wellness, mining, tourism and hospitality, railways, automobile components, renewable energy, mining, bio-technology, roads and highways, electronics systems and thermal power.

"Zero Defect Zero Effect" is a slogan coined by Prime Minister of India, Narendra Modi which signifies production mechanisms wherein products have no defects and the process through which product is made has zero adverse environmental and ecological effects. The slogan also aims to prevent products developed from India from being rejected by the global market.

As a part of the campaign most of the sectors have been allowed to receive 100% FDI.

Most of the investors have already started approaching and signing MOU’s.

The Spice Group would start a mobile phone manufacturing unit in Uttar Pradesh.

In February 2015, Huawei opened a new research and development (R&D) campus in Bengaluru.

In February 2015, Xiaomi began initial talks with the Andhra Pradesh government to begin manufacturing smart phones at a Foxconn-run facility in Sri City.

On 18 August 2015, Lenovo announced that it had begun manufacturing Motorola smartphones at a plant in Sriperumbudur near Chennai, run by Singapore-based contract manufacturer Flextronics International Ltd.

On 16 October 2015, Boeing chairman James McNerney said that the company could assemble fighter planes and either the Apache or Chinook defense helicopter in India.

The company is also willing to manufacture the F/A-18 Super Hornet in India if the Indian Air Force (IAF) were to purchase it.

In December 2015, Qualcomm announced that it was starting a "Design in India" program.

The inaugural Make in India week kicked off in Mumbai on February 13. Over 190 companies, including multinationals, 5,000 delegates from 60 countries, and leading industrialists participate in the 6-day manufacturing jamboree.

The first day of the week itself witnessed the three Mou’s worth Rs. 21,400 Crores being signed in the presence of Narendra Modi.

Though the campaign has been widely appreciated and people are looking forward to it becoming the largest and the most successful campaign there have been some criticism which has also surrounded the campaign.

Allegations of siphoning of funds, we all know that corruption is the conundrum for our country and in the light of this the officials can easily tap the money flowing around, the story would then reach the same point, lack of funds for keeping the campaign going.

Higher pricing, yes if it would manufacture in India some things might get cheaper but some may not, if there are more funds being put into railway, they’ll want to charge more because the sole motive for the private investors is profit. The chemical industry would take time to gather the technology of the west, till then even the most common medicines would be expensive taking a toll on the poor and middle class’s health. Most of the MNCs are from capitalistic countries. As such they always keep the returns on the investment at top priority. In order to maximize they may lobby with the government officials and politicians to make policies which are in their favor.

Major challenges include creating a healthy business environment, removal of unfavorable factors, more focus on Indian’s micro, small and medium enterprises (MSME), lack of world class research and development (R&D), and comparisons with China's ‘Made in China’ campaign.

It is definitely being compared with china infact is somewhere being called in process of second china which also brings a lot of problems. For setting up industries you need land, natural resources which India in a lot many ways lack. Again people would be displaced, harmful gases would be emitted, the country is already facing waste management issues and high power issues, Make In India would be challenging all of this. Land grabbing is possible, re entry of black money is possible.

If we look closely, in a nut shell there are as many cons as pros, but it depends how we tackle it. Not trying is not an option, the government is indeed trying to make all ends meet, if they pay special attention to all these problems, India is not that far in becoming the super power.

#Festivals