In this Make in India Essay, we had described making in India scheme, its benefits, sectors of make in India & lots more.
Make in India was launched by Hon’ble Prime Minister Narendra Modi on 25 September 2014 at Vigyan Bhawan, New Delhi.
The main objective of this scheme is to bring changes in 25 places affecting the economy of the country, this scheme will increase employment as well as skill development.
In this article Essay on Make in India, we had provided the various essays in different word limits, which you can use as per your need:
Short Essay on Make in India 200 words:
The Make in India campaign was launched on 25 September 2014, along with advancing the Indian economy, this campaign was launched to play the main role of India towards an impressive goal.
At the Vigyan Bhawan in New Delhi, in the presence of industrialists from Mukesh Ambani, Kumar Mangalam Birla, Cyrus Mistry, Azim Premji, etc., the PM announced the Make in India scheme to boost the economy.
It provides a successful way of employment for the youth of the country, which will surely help in reducing the poverty level and other social issues in India.
Make in India is a call by Indian Prime Minister Narendra Modi to the major investors all over the world, to come to India and grow their business by manufacturing products here.
The Prime Minister of India told the investors that it does not matter in which country you are selling your product, although you should produce in India.
The youth of India has the abundant ability, skill, discipline and commitment to achieve the goal.
The Make in India campaign provides a profitable opportunity for all the major investors to come to India and invest in any business from satellite to submarine, automobile to agricultural value addition, electricity to electronic etc.
Essay on Make in India in 500 words:
On 25 September 2014 in New Delhi, an initiative called Make in India was launched by the Prime Minister of India, Narendra Modi.
The main goal of this campaign is to make India an economic global identity. During the launch of this program, the PM said that investors should see it as an opportunity and not as a market in India.
The goal of this campaign is to reshape the Indian economy with labour-intensive growth driven by the service-driven growth model.
Successfully implementing this program will create employment for more than 10 million people in India.
This is an effective scheme that will attract major foreign companies to set up their business here in India.
To attract foreign investment, major changes have been made in the defence production and insurance sectors, although according to analysts, this needs to be done more effectively.
More employment in the country will increase the purchasing power of the common man. India is a country which has different demographics, democracy and demand which can benefit investors.
Due to the lack of clarity and resources on policy issues, Indian traders were also planning to leave India and shift their trade elsewhere.
If that had happened, it would have led to a worse economy. The Make in India campaign with various effective resources will attract the attention of the world’s leading industrialists for investment in India for any business.
To avoid the imperative of Indian business from other countries, PM Modi launched this attractive scheme.
PM Modi’s dream is to make this country unemployed free by bringing growth-focused employment and development through his effective governance.
Poverty in India can be reduced to a large extent by solving the problem of unemployment for the youth, due to which many social issues can be solved. Also, read Make in India Essay 1000 words.
Advantages of Make in India:
With the help of the Make in India campaign, much-unemployed youth are getting employment due to which the country will also developing.
With this campaign, we will see our country India in the list of other developed countries soon.
If companies from foreign countries will build branches in our country, they will also benefit along with our India and the people of the country will also be able to provide products at a lower price, people will get jobs.
This will improve and develop the country’s economy.
Since the Make in India campaign started, many investors in India have invested heavily in the fields of manufacturing, textiles, automobiles, production, retail, chemicals, IT, ports, pharmaceuticals, tourism, welfare, railways.
On the inauguration of Make in India, all international and Indian companies were invited to support this campaign.
The Make in India campaign has created a revolution in the field of investment in international trade in India.
Every day some big international company is investing in India and starting its branches in India which will be a good medium of employment for the people in the coming years.
The main objective of Make in India:
The objective of the Make in India campaign is to promote the development of new technology in India and products made in India.
The foreign companies should be encouraged to invest in India and encouraged to make products in India itself.
Not only foreign products but also Indian products are being promoted under the scheme.
In India, till date, there exists illiteracy, unemployment, and decline in the number of women, corruption, poverty and reduction in health services.
The Make in India campaign is a very good initiative to remove all these difficulties from India.
According to the Make in India campaign, people are expected to get 100 smart city projects and affordable housing schemes in India.
The main objective of this scheme is to ensure strong development and valuable employment in the country to every household with the help of big investors.
More and more products should be made in India, which will reduce the price of the same and export abroad will benefit the country’s economy.
Employment will increase in the country, poverty will reduce. Higher quality will be available at a lower cost.
Investors from other countries will come to our country and invest money from which money will come from outside the country as well as the name of the country will be famous in the world.
The youth of the country will get a chance to share their thoughts with everyone. The youth of the country would not prefer to work abroad. Also, read Make in India Essay Conclusion.
Response to Make in India:
From November 2015, several electronic companies from all over the world have sent proposals to the Indian government that want to start working in India.
In January 2015, the owner of Spice Mobile Company entered into a deal with Uttar Pradesh and put up a company to make their mobile phones there.
It was only in January 2015 that Samsung Mobile Company CEO Hyun Chil Hong met MSME Minister Kalraj Mishra, and talked about working together and also about its plant in Noida.
In February 2015, Hitachi also talked about investing in India and said that he can set up his setup in Chennai and in February 2015, HUAWEI opened its Research and Development Campus in Bengaluru.
Along with this, he talked about building a telecom hardware plant in Chennai, which was approved by the Chennai government.
In February 2015, XIAOMI Mobile Company proposed to work with the Government of Andhra Pradesh and in August 2015, Lenovo said that it’s Motorola mobile phones have started being manufactured at the plant near Chennai.
And in December 2015, VIVO Mobile Company started manufacturing its mobiles in Noida, employing 2200 people.
Along with this, many foreign companies sent their plans to the government and a proposal to support them.
In December 2015, the Prime Minister of Japan was in India, he gave a fund of 12 lakh crores from Japan for the Make in India project.
With this, when Narendra Modi was on a tour of Russia in December, he signed the biggest deal so far under the Make in India campaign. Malti role helicopter is made in India which Russia decided to buy.
Things related to making in India scheme:
This scheme has opened the doors for investors from all over the country and abroad to trade in India. Big companies are adopting this mantra.
India is the largest democracy in the world, which is now on the path of strengthening its economy.
Make in India Essay in 1000 Words:
On 25 September 2014, the Prime Minister of India, Narendra Modi, started the “Make in India” mission at Vigyan Bhawan in Delhi.
Narendra Modi said that we do not want any industry companies of India to leave India and also we the image of Indian companies should also look like international companies.
The main objective of this Make in India by Prime Minister Narendra Modi was to encourage maximum investment in India and also to provide employment to our citizens so that our country can become an international identity in the field of manufacturing.
The value of goods made in our country will also be at a lower price and also will increase the income of our country by exporting them to other countries and at the same time, many youths of our country will also get employment.
Defining FDI in a new way, Narendra Modi also said that FDI means “First Development India”.
A provision of about 930 crores has been made for this mission started simultaneously at home and abroad with participation of 30 countries.
The goal is to add about 3000 companies to Narendra Modi’s Make in India campaign. Under this campaign, the emphasis has been laid on making the manufacturing universal in many such areas such as software, electricity, automotive, paper.
With the beginning of this program of the Central Government, there is a possibility of an increase in employment opportunities in the country.
The inclusion of Mukesh Ambani, Chand Kochhar, Cyrus Egyptian and other eminent industrialists at the inaugural ceremony of Make in India has enhanced the glory of the Make in India mission.
On this occasion, Mukesh Ambani says that in the coming 12-15 months, Reliance Industries will get lakhs of jobs by investing about 2 lakh crores.
Certainly, there are many obstacles in the path of this campaign, but India is fully capable of removing those obstacles.
To create an environment favourable for entrepreneurs in the country, there is a need to improve them at all levels by expanding the areas of traffic, energy, banking etc.
Manufacturing can be promoted throughout the country by reforming labour laws, speeding up decisions, providing security to appropriations and making the tax structure more effective.
Along with the development of infrastructure, there is a lot of development in areas like information technology, also extensive reforms need to be done at the administrative level as well.
For the Make in India campaign, the Government of India has identified 25 priority areas that will be adequately promoted. Also, read Make in India Essay FAQ.
Make in India 25 sectors:
The government has selected 25 sectors for this scheme such as – Automobile, Biotechnology, Chemical, Electronics, Food Processing, Information Technology, Leather, Mining, Media and Entertainment, Oil & Gas, Railways, Ports & Shipping, Textiles & Garments, Thermal power, tourism, thermal power, electrical machines, road and highway, aircraft industry, construction etc.
Apart from this, defence, space and other sectors were opened for investment also, regulatory politics also gave a lot of relief to the investors and traders.
According to the estimate, this is 20 thousand crores in the whole scheme, but initially, an investment plan of 930 crores has been made for it, of which 580 crores is being given by the Government of India.
Every country has different rules of trade and investment. In 2015, a research conducted by World Bank among 189 countries according to which India ranks 130.
Modi draws out schemes keeping all these pointers in mind, now many rules related to the business are being changed in the country.
The World Bank surveyed 17 cities in the country for business in India, according to which Ludhiana, Hyderabad, Bhubaneswar, Gurgaon, Ahmadabad are the top 5 cities, where one can easily do business.
Make in India Campaign:
The Make in India event was celebrated on 13 February 2016 in Mumbai to spread the Make in India campaign to the masses.
2500 international and 8000 national companies took part here, along with business teams from 72 countries and 17 regions of the country also came.
Its objective is to make in India further. This will attract people for business in Maharashtra and the economy will improve.
Frequently Asked Questions:
Conclusion for Make in India Essay:
This campaign has proved to be a very good initiative in developing India.
The Government of India is trying its best to give the right path to make in India, we should take advantage of the schemes being run by the government and should not back down.