Published Paper Details:

The impact of Make in India (MII) initiative on the self-reliance of Indian Industries after completing a decade of its launch has been studied in this research. A case study research method was employed to evaluate trade performance of selected Pharmaceutical, Textile, and Defence industries from CY13-22. Their self-reliance was measured quantitatively, in an absolute and relative sense, through 2 variables: Trade Balance (Export Revenue- Import Expenditure > 0) and Self-reliance Ratio (Export Revenue/ Import Expenditure > 1). The improvement in the self-reliance status of chosen industries was then assessed with CAGR of aforementioned 2 self-reliance variables. The GoI initiatives were also covered for a qualitative analysis and discover a scope of value addition to exports of respective industries. Both Pharmaceutical and Textile industries have become self-reliant but the latter has shown lack of growth in its self-reliance. Whereas, Defence industry of India is yet to achieve self-reliance. A scope of export value addition was discovered in each industry. Hence, self-reliance is the value addition capability of a nation after minimizing or eliminating the import dependency and preserve its sovereignty.