Make in India aims to transform India into a global manufacturing hub across 27 sectors. Launched Sept 2014. By 2025: India became world''s 2nd largest mobile phone manufacturer; FDI inflows doubled; manufacturing sector contribution targeting 25% of GDP. PLI schemes are the primary implementation vehicle.
Target Beneficiaries: All manufacturing sectors; 27 focus sectors including automobiles, defence, electronics, food processing, pharmaceuticals, railways, renewable energy, textiles
Implementing Agency: Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry
1045
Funding Ratio (Centre:State): Promotion driven; fiscal incentives via PLI and tax reforms (15% corporate tax for new manufacturing units).
GS Paper: GS3
Syllabus Tags
Launched on 25th September 2014 to reverse the 'jobless growth' trend and attract FDI into the manufacturing sector.