Make in India Scheme launched by the government in 2014, aims to transform the country into a global design and manufacturing hub. The Prime Minister charmed the global community and national industries with his enthusiastic promotion of his “Make in India” scheme, inviting international manufacturers to come and conduct their core operations in India. The campaign concentrates on facilitating job creation, enforcement to the tertiary and secondary sector, boosting the national economy, making India a self-reliant nation and ensuring that the Indian economy gets international acknowledgement.
Sectors focused by Make in India
The government has identified 25 prime sectors that will initially be focused upon by the Make in India campaign. The likelihood of foreign direct investment in these sectors is considerably high and it will also create more employment opportunities in the country. With democratic conditions and superior manufacturing facilities going hand in hand, global companies would find Indian markets as risk-free destination to invest in. Given below are the 25 sectors in which are open to investments at present:
- Automobiles
- Food processing
- IT and BPM
- Automobile components
- Renewable energy
- Roads and highways
- Aviation
- Space
- Leather
- Media and Entertainment
- Textile industry
- Mining
- Biotechnology
- Thermal power
- Chemical industry
- Oil and gas
- Tourism & Hospitality
- Construction
- Pharmaceutical
- Wellness
- Defense manufacturing
- Electrical machinery
- Ports
- Electronic systems
- Railways
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Note: This Post was last updated on January 20, 2023
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