Proceedings of 13th Asian Business Research Conference

Proceedings of 13th Asian Business Research Conference
26 - 27 December, 2015, BIAM Foundation, Dhaka, Bangladesh, ISBN: 978-1-922069-93-1
Make in India Initiative and its Effects on the Manufacturing
Sector: A Case Study
Asad Ullah and Monirul Islam
Indian Manufacturing Industry is successfully competing in the global marketplace and
registering high growth on yearly basis, but large sections of ' Indian
manufacturing' sector still suffers from bottlenecks like - Use of primitive technology or
under utilization of technology, Poor infrastructure, Over staffed operations and expensive
financing and bureaucracy. However,
This sector has the potential to elevate much of the Indian population above poverty by
shifting the majority of the workforce out of low-wage agriculture. Realizing this potential,
The Make in India programme was launched by Prime Minister Narendra Modi on 25
September 2014 in a function at the Vigyan Bhawan. It is an initiative of the Government
of India to encourage Multinational and domestic companies to manufacture their
products in India.
In a major boost to the ‘ The Make in India’ campaign the government of India has
received investment proposals of over Rs 1,10,000 crore (US$16.56 billion) in the last
twelve months from various companies and as a result India has become one of the most
attractive destinations for investment in the manufacturing sector.
Key words: Make in India, Manufacturing Sector and Investment.
Asad ullah and Monirul Islam, Department of Business Administration, Aligarh Muslim University,
Murshidabad Center, India