Author : Dr.r.l.poonguzhali
Keyword : Issues, challenges, healthy environment, small and medium industries, infrastructure, opportunities, power sector, road and highways, make in india.
Subject : Economics
Article Type : Review article
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Abstract : Make in India' is one of the business friendly reforms initiated by Prime Minister Narender Modi. Applying Say's law Supply creates its own demand' PM Modi has stressed on cost effective manufacturing and sufficient purchasing power to come up with overall and sustainable development. India's unique combination of democracy, demography and demand makes it possible to harness the top fruits of globalization, the initiative also aims to transform India from highly potential market to the powerhouse of manufacturing, thereby creating millions of job opportunities. In shori the campaign is conceived and designed to achieve multiple objectives and far reaching impact on the economy. Considering the intensity and multiplicity of this campaign, this paper tries to identify only the manufacturing sector and its issues, challenges and opportunities and their possible way outs to addressed while turning Make in India' vision into a reality. When we talk abou 'Make in India', we inevitably stumble upon "Made in India', because for more than two decades from now; we have been striving to get recognition to Made in India products or brand India. There is one more angle. It is called "Made for India'. This paper is based on secondary data extracted from various authenticated websites such as makeinindia.com, narendermodi.com, infraline.com, World Bank and various newspaper articles.
Article by : Dr R L Poonguzhali
Article add date : 2021-08-01
How to cite : Dr.r.l.poonguzhali. (2021-August-01). Make in india-issues, challenges and opportunities for manufacturing sector. retrieved from https://www.openacessjournal.com/abstract/794