1Research Scholar, Department of Business Management, Dr Hari Singh Gour Central University, Sagar, (M.P)
2Head, Department of Business Management, Dr Hari Singh Gour Central University, Sagar (M.P)
Online published on 12 May, 2017.
In India service sector contributes more to GDP than manufacturing sector. To solve the various problem relating to cheap labor, raw material, infrastructure and to make India a manufacturing hub Prime Minister of India has launched a program ‘Make in India’ to ensure that manufacturing sector which contributes around 15% of the country's Gross Domestic Products will be increased to 25% in next few years. This program will encourage innovation, skill development, generate employment opportunities, prevent brain drain and use of international standardized technology for Indian citizen. This paper discusses the concept, challenges, opportunities and various support of government for ‘Make in India’ program. This paper is fully based on secondary data. The study concludes that ‘Make in India’ program will surely make India an investment destination and global hub for manufacturing and innovation. This study suggests that awareness among manufacturers regarding rules and regulation will help the ‘Make in India’ campaign successful.
Make in India, Manufacturing sector, GDP, Problem, Advantages & Disadvantages of Make in India Campaign
