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Make in India Campaign: An Assessment of its Likely Economic Impact

MANTHAN: Journal of Commerce and Management

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Field Value
 
Title Make in India Campaign: An Assessment of its Likely Economic Impact
 
Creator Singh, Amit Kumar
Aggarwal, Annu
Shrivastav, Rohit Kumar
 
Subject Manufacturing; Investors; Employment; FDI; Technology.
 
Description India’s growth performance has been diverse yet fascinating over a period of time. While agriculture and manufacturing were the dominant sectors during the pre-industrialisation and industrialisation period respectively, more recently, the services sector has emerged as the most important sector in terms of its contribution to GDP. The growing demands of service sector and its importance in the economy has led to a concern about the situation of India’s manufacturing sector. This study analyses the ‘Make in India’ initiative of the present government launched in September 2014, with the twin objectives of developing India as hub of business and manufacturing and generating massive employment opportunities for India’s teeming young population. The analysis indicates that Indian economy is gaining momentum slowly, and growth estimates are in line with projections made. India also has the best prospects for the growth opportunities in coming decade. Since this concept is new, it will take some years before analysts can effectively measure the success of this campaign.
 
Publisher Journal Press India
 
Date 2018-01-30
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.myresearchjournals.com/index.php/MANTHAN/article/view/11455
10.17492/manthan.v4i02.11455
 
Source MANTHAN: Journal of Commerce and Management; Vol 4, No 02 (2017)
2347-4440
 
Language eng
 
Relation http://www.myresearchjournals.com/index.php/MANTHAN/article/view/11455/10860