Introduction to Make in India Mark

Make In India: India is the fastest-growing country with rich resources, enormous potential, and a demographic dividend. However, these resources have not been fully utilized to their maximum potential. To address this issue and boost economic development, the Prime Minister of India launched the "Make In India" initiative. This movement aims to transform India into a global manufacturing hub by attracting foreign investors and positioning India as a significant investment destination.

 

The "Make In India" campaign has played a crucial role in driving the economic growth of the nation. It seeks to improve India's ranking on the "Ease of Doing Business" index, as published by the World Bank in 2019. Currently, India is ranked 63rd out of 190 countries in terms of ease of doing business. The initiative includes a 98-point action plan for business reform, and states in India are competing to improve their rankings by implementing reforms under this initiative.

 

As of now, the top six states that have made significant progress in implementing reforms under the Make In India initiative and improving their ease of doing business index are Andhra Pradesh, Telangana, Haryana, Odisha, Chhattisgarh, and West Bengal, with a combined score of 44.35%.

 

The Make In India initiative aims to foster a business-friendly environment, simplify regulatory procedures, enhance infrastructure, and offer attractive incentives and concessions to businesses. By doing so, it seeks to attract more investments, promote domestic manufacturing, and ultimately drive economic growth, job creation, and development across the country.

 

Please note that the rankings and statistics mentioned in the introduction are based on information available up to 2019, and there may have been updates and changes since then. For the latest and most accurate information, it is recommended to refer to official government sources and recent publications.

Start of  Make in India Mark 

Make in India is an initiative launched by the Government of India in September 2014 with the aim of promoting India as a global manufacturing hub and encouraging both domestic and foreign companies to invest in manufacturing within the country. The program focuses on 25 sectors of the economy, including automobiles, information technology, textiles, pharmaceuticals, defense, and more. The initiative seeks to create a conducive environment for businesses by simplifying processes, improving infrastructure, and offering various incentives and concessions.