What is Make in India initiative?
Make in India initiative was launched under the supervision of Indian Prime Minister Shri Narendra Modi in September 2014.
India growth rate was falling down in 2013 and India was being considered as the “Fragile Five” in the BRICS Nations (Brazil, Russia, India, China and South Africa).
Investors across the globe were confused whether India, one of the biggest democracies, was a risk or an opportunity for them. Several economic challenges were present and to overcome those challenges, Make in India program was launched to attract investors and manufacturers all across the globe.
Soon the program was accepted globally, and it proved to be an invitation for the big leaders and investors across the globe. It is based on the Moto:
Minimum Government, Maximum Governance.