Make in India: Success and Challenges - A Study

Abstract

Launched in 2014, Make in India aimed to transform India into a global manufacturing hub. This study evaluates the initiative's success and challenges, analyzing policy frameworks, sectoral growth, and investment trends. Results show significant improvements in ease of doing business, foreign direct investment (FDI) inflows, and job creation. However, challenges persist, including infrastructure constraints, skill gaps, and bureaucratic hurdles. The study recommends policy refinements, infrastructure development, and skill enhancement to sustain growth.