Make in India and the Manufacturing Push

Make in India, launched in 2014, aims to raise manufacturing's share of the economy, create jobs and reduce import dependence.

Make in India was launched in September 2014 to encourage companies to manufacture in India, and it set an ambitious target for manufacturing’s share of GDP.

Why manufacturing

Factories create jobs for large numbers of semi-skilled workers, unlike many services that need advanced skills.

The target

The original aim was 25 per cent of GDP from manufacturing, but the share has stayed around the mid-teens.

The tools

Easier approvals, tariffs on imported goods, infrastructure investment and later financial incentives all form part of the push.

Why a factory matters

One large factory can employ thousands and support many local suppliers.

Assuming the target was met

Manufacturing's share has not reached 25 per cent.

Key takeaways

Make in India began in 2014.
Manufacturing creates many jobs.
The 25 per cent target was missed.
Several tools support the push.