The “Make in India” initiative, launched by Prime Minister Narendra Modi a decade ago, has shown remarkable success across various sectors, significantly boosting production and exports. Modi highlighted that mobile phone manufacturing in India surged from just 2 units to 200, making the country the second-largest mobile producer globally. Exports skyrocketed, with local production now meeting 99% of domestic demand. The initiative has also fostered growth in sectors like steel, electronics, and renewable energy, with India becoming a major player. Additionally, defense exports have expanded significantly. Modi emphasized the government’s ongoing commitment to strengthening this movement, which has transformed dreams into reality and created numerous job opportunities.
The “Make in India” initiative has marked a significant impact across various sectors, according to Prime Minister Narendra Modi. In a recent LinkedIn blog post, he celebrated the ten-year milestone of this initiative, highlighting its success in areas previously thought unrelated to manufacturing. Modi praised the collective efforts that have transformed the initiative from a mere dream into a robust movement, emphasizing that it showcases India’s unstoppable progress.
Reflecting on the journey of “Make in India,” Modi pointed out the substantial growth in mobile manufacturing—from just two units in 2014 to over 200 today. As a result, India has become the second-largest mobile phone manufacturer, with exports soaring to ₹1.5 lakh crore. Currently, 99% of the mobile phones used in India are produced locally.
The initiative has also led to a remarkable growth in the steel industry, as India has become a net exporter of finished steel with production increasing by more than 50% since the initiative’s launch. Additionally, investments in the semiconductor sector have exceeded ₹1.5 lakh crore, with plans showcasing a capacity for producing over 7 crore chips daily.
In renewable energy, India ranks as the fourth-largest producer globally, achieving a staggering 400% increase in capacity within a decade. The electric vehicle industry, which was virtually non-existent in 2014, has now developed into a $3 billion sector. Meanwhile, defense production exports have jumped from ₹1,000 crores to ₹21,000 crores, reaching more than 85 countries.
Modi highlighted that toy exports have risen by 239%, significantly reducing imports and benefiting local manufacturers. He reiterated the government’s commitment to strengthening the “Make in India” spirit, noting that Production Linked Incentive (PLI) schemes have played a vital role in attracting investments and creating millions of jobs.
Keywords: Make in India, Narendra Modi, mobile manufacturing, steel exports, semiconductor industry, renewable energy, electric vehicles, defense production.
Tags: Make in India, manufacturing growth, Prime Minister Modi, economic development, job creation, India manufacturing sector, PLI schemes, electric vehicles in India, renewable energy growth.
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What is the "Make in India" initiative?
Make in India is a campaign started by the Indian government to encourage companies to manufacture products in India. It aims to boost the economy and create jobs. -
Why is PM Modi focused on making it a success?
PM Modi believes that a strong manufacturing sector will help India become self-reliant, improve exports, and provide more job opportunities for people. -
How can citizens support the "Make in India" initiative?
Citizens can support this initiative by buying products made in India. This helps local businesses grow and creates more jobs in the country. -
What industries are being targeted in this initiative?
The initiative is focusing on various industries like manufacturing, textiles, electronics, and automotive. The goal is to attract both local and foreign investment in these sectors. - What are the expected benefits of "Make in India"?
The expected benefits include increased job creation, higher economic growth, improved infrastructure, and a stronger position for India in global markets.
