Ten Years of ‘Make in India’: How the Initiative Transformed India's Manufacturing Landscape - Read Now

The initiative has significantly boosted various sectors, especially mobile manufacturing, and has positioned India as a global manufacturing hub. As the nation celebrates this milestone, the impact of ‘Make in India’ on the economy and job creation remains a focal point of discussion.

By Aayushi Dubey Sep 25, 2024, 18:14 IST

Make in India: Today marks the 10th anniversary of the ambitious ‘Make in India’ initiative launched by Prime Minister Narendra Modi. In a reflective blog post on LinkedIn, Modi detailed the remarkable achievements and milestones of the program over the past decade. The initiative has significantly boosted various sectors, especially mobile manufacturing, and has positioned India as a global manufacturing hub. As the nation celebrates this milestone, the impact of ‘Make in India’ on the economy and job creation remains a focal point of discussion.

Ten Years of Make in India: September 25 marks a decade since the launch of the ‘Make in India’ initiative, aimed at promoting manufacturing and boosting the economy.

Modi’s Reflections: Prime Minister Modi shared insights on the initiative's achievements through a blog post, emphasizing its transformative effect across various sectors, including mobile manufacturing.

Mobile Manufacturing Boom: Since 2014, the number of mobile manufacturing units in India has skyrocketed from just two to over 200, with exports jumping from ₹1,556 crores to ₹1.2 lakh crores.

Impressive Growth Metrics: The production of iron and steel products has increased by 50%, and India has become a net exporter, attracting investments worth ₹1.5 lakh crores in the semiconductor sector.

Job Creation and Economic Impact: The initiative has facilitated the registration of over 4.9 million MSMEs, generating approximately 21 million jobs, significantly contributing to the economy.

Innovative Products and Initiatives: Iconic products like the Vande Bharat train and BrahMos missile are now synonymous with ‘Make in India,’ showcasing the initiative’s success in fostering innovation and self-reliance.