Make in India Success or Failure A Critical Analysis
20/02/2025 Accounting - Finance
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Description
Make in India initiative aimed to transform India into a global manufacturing hub, attract foreign investments, and boost job creation. However, after a decade, questions arise about its success and effectiveness. Has the initiative truly propelled India's industrial growth, or has it fallen short of expectations?
This article critically examines the success and challenges of Make in India, analyzing key sectors like automobile, electronics, defense, and textiles. While it has attracted significant FDI and enhanced ease of doing business, issues like bureaucratic red tape, infrastructure bottlenecks, and skill gaps have hindered its full potential.
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