Make in India-Great Indian Dream

10 Pages Posted: 10 Apr 2017

See all articles by Psr Murthy

Psr Murthy

University of Madras; UNIVERSITY OF MADRAS

Date Written: April 9, 2017

Abstract

India is its youth. If the youth are awesome, nothing can stop the nation from being awesome. Everyone has a right to prosper and succeed through hard work, innovation and excellence. Make India a Manufacturing Hub, Generating Employment, Eliminating the unnecessary laws and regulations, Time bound project clearances through a single online portal. India’s space program stands out as one of the most cost‐effective in the world. The Indian Government has brought about various changes in its standing policies to encourage the MAKE IN INDIA program. These changes are in form of New Initiatives, increased FDI, and improved IPR. Development of industrial cluster and new smart cities will foster India’s manufacturing infrastructure and innovation capacity. Make in India is not a brand. Nor is it simply a slogan on a smart lion! It is a new national movement. And, it covers the whole spectrum of our government, society and business. The Prowling Lion in the Logo for Making in India stands for strength, courage, tenanacity and wisdom, expects your foot prints to future generation. The Asoka Wheel in the Make in India logo denotes the peaceful progress and dynamism reminds you that next Gen Kids will place your contribution on top in annals of Indian History. Manufacturing sector is the backbone of any economy as it fuels growth, productivity, employment, and strengthens other sectors of the economy. Make in India is aimed at making India a manufacturing hub and economic transformation while eliminating the unnecessary laws and regulations, making bureaucratic processes easier, make government more transparent, responsive and accountable and to take manufacturing growth to 10% on a sustainable basis. Physically linking every corner of the country to domestic and international markets through roads, railways, ports and airports. Digitization of all the government departments to improve the ease of doing business.Government of India is building a pentagon of corridors across the country to boost manufacturing and to project India as a Global Manufacturing destination of the world.

Suggested Citation

Murthy, Psr and Murthy, Psr, Make in India-Great Indian Dream (April 9, 2017). Available at SSRN: https://ssrn.com/abstract=2949169 or http://dx.doi.org/10.2139/ssrn.2949169

Psr Murthy (Contact Author)

UNIVERSITY OF MADRAS ( email )

CHENNAI, Tamil Nadu 600005
India

University of Madras ( email )

Chepauk
Chennai, Tamil Nadu 600005
India

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