‘MAKE IN INDIA’: KEY TO REVIVAL OF ECONOMY WITH REFERENCE TO INDIA

‘Make in India has a very unique and inspiring slogan: “Zeo Defect, Zero Effect.” This initiative is to inspire the industry of the country to manufacture products with zero defects and there should not be any adverse impact on the environment. In this regard, start-ups play a major role in “Make in India” and make up as a campaign of India. The start-ups are growing with a very fast pace in India. The motive is to make an eco-system which will lead to the expansion of start-ups. Large-scale employment opportunities can be created and focused mainly on the manufacturing sector. Youngsters are being given an inspiration to become self-reliant. Various skill-development programs are being run nowadays in the country in order to provide ‘bread and butter’ to the households who were previously unemployed. As on March 2023, the number of startups has been risen up to 1 lakh in number. The main objective as here is to make a person self-reliant and to create employment in the country for the rest of the talented and skilled persons. The startups were 34% in 2021 which have risen up to 39% in 2022 and 40% in 2023. There are many skill-development programs for people in order to become independent. ‘Make in India’ was launched by the Prime Minister of India on 25th September, 2014.

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Keywords: Micro-Finance, Women Empowerment, Home Country, Sustainability, Industry 4.0, Start-Ups.


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