Make in India
Beginner Level
India
Regulatory & Compliance
3 views
Definition
A government initiative to encourage manufacturing in India and attract foreign investment.
Detailed Explanation
Launched in 2014, it focuses on 25 sectors including automobiles, IT, textiles, and defense. Aims to make India a global manufacturing hub. Linked to PLI schemes.
Example
Apple manufacturing iPhones in India is a success story of Make in India initiative.
Local Context (India)
Make in India aims to increase manufacturing's GDP share and create jobs.
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