Make in India: its Vision and Goal

Abstract

In this paper, a challenging effort was made to present the new investment project of Prime Minister Mr. Narendra Modi that ‘Make in India’ is the new mantra and the objective was to encourage the production of goods within the country and Making India the manufacturing hub of the world economy. The aim of the project showing a pure classical economics there is going to be a demand and then there would be producers who would be incentivized to supply goods and Services to meet that demand. This paper covers issues of the make in India, sectors covered, worldwide and positive responses and some critics. However, this paper is concluded as optimistic manner that the Make in India’ economically viable? What are the challenges that the project and movement will face? What about the projects that are currently running under ‘Make in India’? Can India compete in the global market? We will try to find the answers to all of these questions in the next couple of years.