As the Make in India initiative celebrates its ten-year anniversary, Prime Minister Narendra Modi highlighted its significant achievements on LinkedIn and social media. He praised the hard work of Indians across various sectors that transformed this initiative into a global manufacturing hub. Key successes include an impressive rise in mobile manufacturing, with exports increasing by 7,500 percent, and India now being the second-largest mobile producer. The steel industry has also thrived, becoming a net exporter, while substantial investments in semiconductors and renewable energy have further solidified India’s position. Modi emphasized the importance of production-linked incentives in boosting investments and job creation, urging the youth to elevate the Make in India campaign by focusing on quality and innovation.
As the Make in India initiative celebrates its 10-year anniversary, Prime Minister Narendra Modi took to LinkedIn and X (formerly Twitter) to reflect on the campaign’s successes and encourage further growth. He praised the dedication of Indians across various industries, noting how this movement has transformed India into a global manufacturing and innovation hub.
In his post, Modi highlighted the significant achievements over the past decade. Since 2014, mobile manufacturing has surged from just two units to over 200, with exports increasing by an incredible 7,500 percent. Today, around 99 percent of mobile phones used in India are made domestically, propelling India to the position of the second-largest mobile manufacturer worldwide.
The steel industry has also seen remarkable growth, with India becoming a net exporter of finished steel, surpassing a 50 percent increase in production since 2014. Investments in the semiconductor sector have exceeded Rs 1.5 trillion, paving the way for new plants capable of producing over 70 million chips daily.
Additionally, India has become a global leader in renewable energy, boasting a 400 percent increase in capacity over the last decade. The once-nascent electric vehicle industry is now valued at $3 billion, reflecting significant advancements. Defence production has also thrived, with exports rising from Rs 1,000 crore to an impressive Rs 21,000 crore, making Indian products available in over 85 countries.
Prime Minister Modi emphasized the importance of production-linked incentive schemes that have driven investment and created millions of jobs, along with efforts to improve the ease of doing business. He encouraged the country’s youth to elevate the Make in India initiative, emphasizing quality and excellence.
Looking ahead, Modi envisioned India as an integral player in the global supply chain, combining democracy, a young population, and Market demand to fuel international growth. He concluded with a goal for India to not only meet its own needs but also to become a leading manufacturing and innovation powerhouse for the world.
Tags: Make in India, Narendra Modi, manufacturing, innovation, mobile manufacturing, renewable energy, semiconductor, defence exports, 10 years of Make in India.
- What is Make in India?
Make in India is a campaign started by the Indian government to promote manufacturing in India. It encourages companies to produce goods and create jobs in the country.
- Why is the 10th anniversary of Make in India important?
The 10th anniversary is important because it shows how far the initiative has come. It highlights the achievements and growth in India’s manufacturing sector over the past decade.
- What did PM Modi say about the success of Make in India?
PM Modi thanked everyone for the "roaring success" of the Make in India campaign. He praised the progress made in manufacturing, job creation, and economic growth.
- How has Make in India helped the economy?
Make in India has helped the economy by attracting foreign investment, boosting local industries, and creating millions of jobs, which supports overall economic growth.
- What can we expect in the future for Make in India?
In the future, we can expect continued focus on improving manufacturing, enhancing skills, and promoting innovation. The goal is to make India a global manufacturing hub.