The 'Make in India' initiative, launched by Prime Minister Narendra Modi on September 25, 2014, aims to transform India into a global manufacturing hub across multiple sectors including automobiles, biotechnology, and renewable energy. The initiative focuses on generating employment, enhancing foreign direct investment, and improving policies related to manufacturing while also facilitating initiatives like the Delhi-Mumbai Industrial Corridor project. Additionally, 'Make in India' seeks to streamline the ease of doing business through integrated government services and a strong economic foundation for urbanization and industrial growth.