MAKE IN INDIA: THE BEGINNING OF NEW EDGE

The biggest Programme made in history of India to attract the new Investment, enhancing the innovation, developing the Skill, and develop the best in Class Manufacturing facility in India, is the “Make In India” Programme. Make in India is a Global Strategy, as conceptualized by Our Prime Minister Shri Narendra Modi on September, 2014 to magnet the Investment from throughout the world and within the process, strengthen India’s manufacturing sector. The campaign has been concentrated to fulfil the aim of job creation, enforcement to secondary and tertiary sector boosting the financial system, converting India to a independent country and to convey the Indian economy global recognition. The Make in India is an effort to make inflow of Foreign Direct Investment in India and to make an improvement in services through the mode of Privatization of some Loss incurring Public Sector Undertakings. The entire Make In India Campaign is under the direct supervision of Central Government. The prime and perhaps the most important object of this campaigning to come out with the fuller utilisation of capacity of Heavy Industries and Public enterprises along with focus on generation of employment and making empowerment of secondary as well as other sectors and making the utilization of HUMAN RESOURCE at presenting in India. The results till now are mixed. It takes time to line up factories and thus capabilities and only then the returns is judged. To offer an honest example, Foxconn (Apple iPhone maker) has signed an MOU with Maharashtra government which can bring investment worth $5 billion to the country and make thousands direct and indirect jobs. Ford has also decided to line up a mill in Gujarat which goes to use thousands again. Even Asus has decided to line up a handset manufacturing unit in India in Andhra Pradesh. Considering the above stories, the direct benefits would be in terms of inflow of exchange, job creation resulting in lower unemployment and also technological up-gradation. India since 1990’s has particularly seen a zoom in commission sector.

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Keywords: Unemployment, Manufacturing, Skill Development, Intellectual Property Rights.


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