August 26, 2019
Business

The Prime Minister’s “Make in India” call – V.P.NandaKumar

Last year, Prime Minister Shri Narendra Modi launched the ‘Make in India’ campaign aimed at making India a global manufacturing hub. The objective is to enhance the competitiveness and productivity of India’s under-utilised manufacturing sector which presently contributes only 15 per cent to our total GDP. The goal is to accelerate it to 25 per cent of GDP by the year 2020.

As part of the initiative, 25 key sectors have been identified including automobile, auto components, bio-technology, chemicals, defence manufacturing, electronic systems, agro and food processing, leather, mining, oil and gas, ports, railways, drugs and pharmaceuticals, engineering, FMCG industry, Gems and jewellery, infrastructure, service sector, textile and readymade garments etc.

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