Topic > The real benefits and future challenges of the Make in India campaign

India is one of the fastest growing economies in the world, the tenth largest in the world by nominal GDP and also the third largest by purchasing power parity ( PPP). India must adopt the necessary measures to give greater monetary powers to the states, double investments in infrastructure, focus on production that allows it to open the door to investments. This India-made campaign guides foreign investors, provides quick response, helps foreign investors and provides relevant data and proactive approach. This document covers the summary of build in India campaign, sectors covered, initiatives taken by companies, growth cycles, challenges, opportunities and foreign investments in Indian manufacturing. the current study is based on secondary information. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get Original Essay The information has been extracted from assorted sources such as analysis articles, publications of Ministry of Commerce, Government of India, numerous current news bulletins and authentic websites. The study found that building in India can bring a major change in sectors such as automotive, aviation, biotechnology, defence, media, thermal power, oil, gas and manufacturing sectors. Therefore, we can conclude that despite the fact that “Make in India” has come at the right time, its execution remains a huge challenge. Make in India is a global political campaign slogan coined by Prime Minister Narendra Modi on September twenty-fifth 2014, to encourage companies around the world to take a stand and produce their products in India. It launched this bold campaign with the aim of transforming the country into a global manufacturing hub to achieve a transformation of LED manufacturing. India would like to take a structured and planned approach in manufacturing overhaul, gain global competitive advantage and gain global leadership. To execute this campaign, it was crucial to be receptive capital and expertise from around the world and the implementation of GST can create a market for the Republic of India and strengthen the overall program. Doing business in India nowadays is much more difficult than elsewhere, however the government wants to change this. Many pressing issues have prompted the launch of this campaign and the first is that the Republic of India needs to revive its economy. After several years of growth of the gross national product averaging 7.7% between 2002 and 2011, this pace reached five peaks in 2013 and 2014, the second Republic of India wants many jobs for its young. Recently, an average of five million new jobs are created every year, but about twelve million people are part of the group every year. India's workforce is expected to reach 600 million by 2022. Job creation can counter the economic condition and facilitate people's shift away from agriculture, which has little sustenance capacity. Third, India's economic development model has been rather peculiar, providing privileges to skilled labor usually used by foreign companies. This is why today manufacturing in China represents 34% of gross domestic product. The Chinese have positioned themselves as the world's laboratory, accounting for 22% of global production, while India accounts for less than half. India's manufacturing sector is less productive than its competitors and accounts for less than August 15, 1945 of its gross domestic product. The government has set.