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INTERNATIONAL JOURNAL OF CREATIVE RESEARCH THOUGHTS - IJCRT (IJCRT.ORG)
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TASLEEMA M JORUM
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Keywords
Key words: BRIC, GDP, IT,
Abstract
India offers significant demographic dividend with nearly 50% of population under 25 years and about 200 million expected to enter workforce over the next decade. India is ranked 132nd out of 185 economies in Doing Business 2013 by the World Bank. India's restrictions on foreign equity ownership are greater than the average of the countries covered by the Investing across Sectors indicators in the South Asia region and of the BRIC (Brazil, Russian Federation, India, and China) countries.
Make in India has the purpose of inviting foreign investors to set up manufacturing unit in India for the global markets, thereby to provide employment opportunity to the labour force of India. It aims to make India as its export hub for the South East Asian region. It encourages the host country to manufacture in the area of automobile, IT, textile, pharmaceutical, engineering, railway, defense, renewable energy, tourism and hospitality. The initiative also aims to transform India from highly potential market to the powerhouse of manufacturing, thereby creating millions of job opportunity. In short make in India conceived to achieve multiple objectives and for reaching impact on economy.
The make in India campaign launched by Prime Minister Narendra Modi attracted many countries to invest in different sectors are facing the problem of infrastructure, land acquisition, land related approvals, skilled labourers. Considering the intensity of make in India campaign, we need to study its objectives, prospects and challenges
IJCRT's Publication Details
Unique Identification Number - IJCRT1135871
Paper ID - 271381
Author type - Indian Author
Page Number(s) - 78-83
Pubished in - Volume 7 | Issue 2 | April 2019
DOI (Digital Object Identifier) -
No Of Downloads - 192
Author Country - India, 582207, NARGUND, NARGUND, 582207, Commerce All
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TASLEEMA M JORUM, "Make in India-Prospects and hurdles", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.7, Issue 2, pp.78-83, April 2019, Available at :http://www.ijcrt.org/papers/IJCRT1135871.pdf
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ISSN: 2320-2882 Impact Factor: 7.97 and ISSN APPROVED Journal Starting Year (ESTD) : 2013
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