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Make in India at 12: Gains, Gaps and Next Steps
Make in India is a 12-year effort to help India manufacture more products at home.
Industry leaders say the country is now less dependent on imports than it was a decade ago.
Electronics and air conditioning are examples of sectors that have built stronger domestic abilities.
However, many parts and components still need to be made in India.
Smaller companies also need more opportunities to join the growth.
Leaders want India to invest more in research and design.
They also want the country to export more manufactured goods.
Over time, they hope manufacturing can grow without depending as much on government incentives.
India’s manufacturing sector has moved beyond the import-dependent model seen a decade ago.
Electronics and air conditioning have developed stronger domestic capabilities.
Industry leaders say components still need greater localisation within India.
Smaller companies need to participate more actively in the manufacturing expansion.
The next phase requires more research and design, higher exports and less reliance on policy incentives.
- Who
- Industry leaders assessing India’s manufacturing progress.
- What
- The 12-year Make in India manufacturing journey has achieved domestic capabilities in some sectors but still faces major unfinished tasks.
- Where
- India.
- When
- The assessment covers 12 years of Make in India and compares progress with the situation a decade ago.
- Why
- To strengthen domestic manufacturing, increase localisation and exports, expand smaller-company participation, and reduce dependence on policy incentives.
Key facts
- Initiative
- Make in India
- Duration
- 12 years
- Earlier model
- India was more dependent on imports a decade ago.
- Sectors cited
- Electronics and air conditioning
- Unfinished task
- Greater localisation of components
- Future priorities
- Research and design, higher exports and stronger participation by smaller companies
- Long-term goal
- Reduce dependence on policy incentives over time
Sources
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