The document summarizes the Make in India initiative launched by the Government of India. The initiative aims to transform India into a global manufacturing hub by encouraging companies to manufacture their products in India and attracting foreign investment. It targets 25 economic sectors for job creation and skill development. The initiative aims to increase manufacturing's contribution to GDP and create over 100 million new manufacturing jobs by 2022. While Make in India brings opportunities like job creation and economic growth, it also faces challenges like neglect of agriculture and depletion of resources. The government is focusing on key sectors and improving infrastructure and skills to support the initiative.
Effective learning in the Age of Hybrid Work - Agile Saturday Tallinn 2024
Make in India campaign boosts manufacturing sector growth
1. Graphic era Deemed To be university
BBA-Sec “A”
Sem- 1 Presented By-
Sparsh Saxena
Suhani Goenka
Shipra Uniyal
Submitted to :
Dr. Renu Lamba
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3. • Introduction
• Objective
• Make in India- Campaign
• Skill Development
• Advantages
• Disadvantages
• Challenges
• Conclusion
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6. Make in India is an initiative by the Government of India to make and encourage companies
to develop, manufacture and assemble products made in India and incentivize dedicated
investment into manufacturing.
The initiative targeted 25 economic sectors for job creators and skill enhancement and
aimed to transform India into a global design and manufacturing export hub.
The symbol Make In India is a lion. Kennedy and Wieden designed the Make in India logo.
The design was inspired by the Ashoka Chakra. The lion has been a major element of the
national emblem the symbol of this initiative is a giant lion having many wheels. This
indicates peaceful progress and way to the vibrant future of the country. A giant walking
lion with many wheels represents courage, pride, confidence, power etc.
7. 1. To increase the manufacturing sector’s growth rate to 12%-14% per annum.
2. To create 100 million additional manufacturing jobs in the economy by 2022.
3. To insure that the manufacturing sector’s contribution to GDP is increased to 25% by 2022(Letter revised to
2025).
Our manufacturing should have zero defect so that our products should not be rejected in the global market.
Besides we should also keep in mind that manufacturing should not have any negative impact on our
environment.
8. Make in India has now become a calling card for
investors to come and invest in the Indian growth story.
To further the Indian manufacturing capabilities, the
government is focusing on the sectors that are going to
be the key focus in the coming years.
9. The sector’s which contribute to GDP are
a) Agriculture
b) Manufacturing/ Industry
c) Services
Current contributions of these sectors in Indian economy are:
a) Agriculture – 20%
b) Manufacturing- 26%
c) Services- 54%
It is clearly visible that our economy is overdependent on service sector
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12. FDI:- India has registered the highest ever annual FDI
inflow of US Dollar 24.39 Billion during the financial year
2019-20.
13. Skill and knowledge are the driving forces of economic growth and
social development for any country. Countries with higher and better
levels of skills at just more effectively to the challenges and
opportunities of world of work.
A major new programme designed to facilitate investment, Foster
innovation, enhance skill development, protect intellectual property
and build best in class manufacturing infrastructure, has been
launched by Government of India.
14. “I tell the world, ‘Make In India’. Sell anywhere but manufacture here. We have the skill and
talent for it,”
-Narendra Modi
16. 1. Develop Job Opportunities:-
a) It provide job opportunity for many citizens of India as much as possible.
b) It will encourage the young entrepreneurs to come forth with their
innovative ideas.
2. Ameliorate the vicinity:-
a) It requires promising location to setup machinery as well as factories.
b) This will help to improve neighbour location also.
3. Expand GDP:-
Due to manufacturing of products in India, economic growth is inevitable,
Which will not only boost the trade sector but also will increase the GDP of
Indian economy as with the setting up of new industries.
17. 1. Negligence of agriculture:-
The negative impact will be in the agriculture sector of India. With the
introduction of industrial sector, the agriculture in India will be neglected
somewhat.
2. Depletion of natural resources:-
As this is primarily based on manufacturing sector. So such projects
consume the natural resources such as water, land etc. on large scale
3. Loss of small entrepreneurs:-
a) This campaign welcomes foreign countries to manufacture in India with
open arms .
b) Dominate the small local entrepreneurs.
18. On 1st July 2017 introduction of GST also make Indian products
competitive in the domestic and international markets. It will give a major
boost to the ‘Make in India’ initiative by making goods and services
produced in India competitive in the national as well as international
market.
19. • Creating a healthy environment for business
• Lack of research and development.
• Skills development
• Upgradation of technology
• Creating labour intensive technique etc.
20.
21. 1.Via made in India initiative India can draw an era of development.
2.It can stable the Indian economy and make self reliant economy.
3.It have major impact on manufacturing sector, so it can create more
and more job opportunities
4.To stop youngsters running aboard.
5.It will increase foreign exchange reserves.