TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Udit Raj Wants Astronauts Chosen by Caste

    Congress Leader Udit Raj’s ‘Dalit Astronaut’ Comment Reduces Space Mission to Caste Politics

    Is Congress Using 'Rohith Vemula Bill' to Smuggle Muslims into SC Quota?

    Is Congress Using ‘Rohith Vemula Bill’ to Sneak Muslims into SC Quota At the Cost of Hindu Dalits?

    Kerala Nurse’s Life in Balance: Can Yemen Accept India’s Blood Money Offer?

    Nimisha Priya’s Execution Put on Hold amid ongoing negotiations in Yemen

    gujarat plane crash

    Air India Crash Report Prompts Reckless Speculation, Undermining Credibility of Pilots: Claims Pilots Body

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    India Achieves 50% Non-Fossil Fuel Power Capacity

    India Achieves 50 pc Non-Fossil Fuel Power Capacity, Five Years Ahead of Schedule

    Advantages of Using an EMI Calculator Before Applying for a Personal Loan

    Advantages of Using an EMI Calculator Before Applying for a Personal Loan

    WiseProfitWay.com reviews – Trading Times

    WiseProfitWay.com reviews – Trading Times

    TheGenInfinity.com reviews – Account Types

    TheGenInfinity.com reviews – Account Types

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    India Set to Test ET-LDHCM: Hypersonic Missile

    India Tests Hypersonic Missile Aimed at Covering All of Pakistan and Key Chinese Military Zones

    India Conducts Successful Trial of Astra Missile

    India Conducts Successful Trial of Astra Missile BVRAAM Featuring Indigenous RF Seeker

    India Must Stay Vigilant as Turkey-Pakistan Axis Grows

    Pakistan and Turkey Deepen Anti-India Axis Through Defence, Radicalization Nexus

    14+ Nations Want BrahMos After Watching India’s Might in Operation Sindoor, Says Rajnath Singh

    BrahMos Missile Shines in Op Sindoor ;15 Countries Eye Deal, Reveals Rajnath Singh

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Non-veg milk a red line in India-US trade talks. Here's why

    No Dairy Deal with US if Cows Are Fed Meat: India Stands Firm

    Half of Bangladeshi Girls Forced Into Child Marriage, UN Report

    Half of Bangladeshi Girls Forced Into Child Marriage, UN Report

    Hindu Faith Targeted Again in Canada: Eggs Thrown at Lord Jagannath’s Rath Yatra

    Hindu Faith Targeted Again in Canada: Eggs Thrown at Lord Jagannath’s Rath Yatra

    Pahalgam Terror Attack Backed by Pakistan’s Political and Military Leadership, Comparable to 26/11, Says Report

    Pahalgam Terror Attack Backed by Pakistan’s Political, Military Leadership, Comparable to 26/11, Says Report

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Echoes of the Cholas in Today’s Bharat

    Conqueror of the Seas: Rajendra Chola and the Rise of Naval Bharat

    The Pride of Maratha Power Gets UNESCO Tag

    From Raigad to Suvarnadurg: The Pride of Maratha Power Gets UNESCO Tag

    Tirumala Tirupati Devasthanams Suspends Senior Official for Attending Church Services

    Tirumala Tirupati Devasthanams Suspends Senior Official for Attending Church Services

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    resh Nipah Death in Kerala’s Palakkad Raises Statewide Alarm

    Nipah Scare Returns to Kerala: Second Death Leads to High Alert in Six Districts

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    5 Places in India to Deepen Your Yoga Journey

    Discover Inner Peace: 5 Places in India to Deepen Your Yoga Journey

    Khalistani Terrorist Pannun Threatens Kapil Sharma

    Khalistani Terrorist Pannun Threatens Kapil Sharma: ‘Why Are You Investing In Canada?’

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Udit Raj Wants Astronauts Chosen by Caste

    Congress Leader Udit Raj’s ‘Dalit Astronaut’ Comment Reduces Space Mission to Caste Politics

    Is Congress Using 'Rohith Vemula Bill' to Smuggle Muslims into SC Quota?

    Is Congress Using ‘Rohith Vemula Bill’ to Sneak Muslims into SC Quota At the Cost of Hindu Dalits?

    Kerala Nurse’s Life in Balance: Can Yemen Accept India’s Blood Money Offer?

    Nimisha Priya’s Execution Put on Hold amid ongoing negotiations in Yemen

    gujarat plane crash

    Air India Crash Report Prompts Reckless Speculation, Undermining Credibility of Pilots: Claims Pilots Body

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    India Achieves 50% Non-Fossil Fuel Power Capacity

    India Achieves 50 pc Non-Fossil Fuel Power Capacity, Five Years Ahead of Schedule

    Advantages of Using an EMI Calculator Before Applying for a Personal Loan

    Advantages of Using an EMI Calculator Before Applying for a Personal Loan

    WiseProfitWay.com reviews – Trading Times

    WiseProfitWay.com reviews – Trading Times

    TheGenInfinity.com reviews – Account Types

    TheGenInfinity.com reviews – Account Types

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    India Set to Test ET-LDHCM: Hypersonic Missile

    India Tests Hypersonic Missile Aimed at Covering All of Pakistan and Key Chinese Military Zones

    India Conducts Successful Trial of Astra Missile

    India Conducts Successful Trial of Astra Missile BVRAAM Featuring Indigenous RF Seeker

    India Must Stay Vigilant as Turkey-Pakistan Axis Grows

    Pakistan and Turkey Deepen Anti-India Axis Through Defence, Radicalization Nexus

    14+ Nations Want BrahMos After Watching India’s Might in Operation Sindoor, Says Rajnath Singh

    BrahMos Missile Shines in Op Sindoor ;15 Countries Eye Deal, Reveals Rajnath Singh

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Non-veg milk a red line in India-US trade talks. Here's why

    No Dairy Deal with US if Cows Are Fed Meat: India Stands Firm

    Half of Bangladeshi Girls Forced Into Child Marriage, UN Report

    Half of Bangladeshi Girls Forced Into Child Marriage, UN Report

    Hindu Faith Targeted Again in Canada: Eggs Thrown at Lord Jagannath’s Rath Yatra

    Hindu Faith Targeted Again in Canada: Eggs Thrown at Lord Jagannath’s Rath Yatra

    Pahalgam Terror Attack Backed by Pakistan’s Political and Military Leadership, Comparable to 26/11, Says Report

    Pahalgam Terror Attack Backed by Pakistan’s Political, Military Leadership, Comparable to 26/11, Says Report

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Echoes of the Cholas in Today’s Bharat

    Conqueror of the Seas: Rajendra Chola and the Rise of Naval Bharat

    The Pride of Maratha Power Gets UNESCO Tag

    From Raigad to Suvarnadurg: The Pride of Maratha Power Gets UNESCO Tag

    Tirumala Tirupati Devasthanams Suspends Senior Official for Attending Church Services

    Tirumala Tirupati Devasthanams Suspends Senior Official for Attending Church Services

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    resh Nipah Death in Kerala’s Palakkad Raises Statewide Alarm

    Nipah Scare Returns to Kerala: Second Death Leads to High Alert in Six Districts

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    5 Places in India to Deepen Your Yoga Journey

    Discover Inner Peace: 5 Places in India to Deepen Your Yoga Journey

    Khalistani Terrorist Pannun Threatens Kapil Sharma

    Khalistani Terrorist Pannun Threatens Kapil Sharma: ‘Why Are You Investing In Canada?’

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
  • Economy
  • Defense
  • Geopolitics
  • Knowledge
  • Law
  • Lounge

7 Years of Make in India: What was dubbed as laughable back then is immensely successful today

Sanbeer Singh Ranhotra by Sanbeer Singh Ranhotra
26 September 2021
in Economy
PM Modi, Make In India, Hitachi, Global Business
Share on FacebookShare on X

On September 25, India marked the seventh year of the ‘Make in India’ initiative. By far Prime Minister Narendra Modi’s most important project, and a flagship one at that, ‘Make in India’ is transforming India and making it a business hub for global manufacturers across a variety of sectors. Manufacturers from sectors like automobiles, electronic consumer goods, pharmaceuticals, defense systems, aviation among others are just a few who have turned to India as their destination to disrupt the existing global supply chains. 

What Has India Gained with the ‘Make in India’ Initiative?

After the launch of the initiative, India gave investment commitments worth ₹16.40 lakh crore (US$230 billion) and investment inquiries worth ₹1.5 lakh crore (US$21 billion) between September 2014 to February 2016 alone. As a result, India emerged as the top destination globally in 2015 for foreign direct investment (FDI), surpassing the United States and China, with US$60.1 billion in FDI. India has attracted, FDI inflow of 27.37 billion dollars during the first four months of this financial year, which is 62 per cent higher as compared to the corresponding period last financial year. FDI equity inflow also grew by 112 per cent in the first four months of this financial year compared to the same period last year.

RelatedPosts

Namibia Bets on Indian Tech: How UPI Will Revolutionise Its Economy and Boost India’s Global Digital Clout

PM Modi Sets Record With 17th Parliament Speech Abroad, Applauded in Namibia

Opportunities for Youth in a Changing India: Global Investment Expert Manu Seth Shares Insights

Load More
Source: Business Today

In 2019, the World Bank ranked India 63rd among 190 countries in the ‘Ease of Doing Business’ index. This was a jump of 23 places from its rank of 100 in 2017. 

 Here’s a look at the manufacturers who are betting on India’s bullish growth and business environment:

  • In 2016, Hitachi had set-up an auto-component plant in Chennai which increased their employees count from 10,000 to 13,000. Last month, Hitachi Air Conditioning India, manufacturer of the largest selling air-conditioner brand ‘Hitachi Cooling and Heating’ announced its aggressive expansion plans to capture the promising residential and commercial air conditioning market in Gujarat.
  • A new study has shown that as much as 76% of the iPhones that have been sold in India have been made in India itself. The manufacturing partners of Apple – Foxconn, and Winston have ramped up their production in India to avail benefits under the PLI scheme.
  • In April 2017, Kia invested over $1.1 billion to build a car manufacturing plant in Anantapur, Andhra Pradesh. The facility is the company’s first manufacturing plant in India. 
  • In mid-2017, European automobile major PSA partnered with CK Birla Group, to build a car manufacturing plant in Tamil Nadu at the cost of ₹7,000 crore s($1.03 billion). Similarly, in July 2017, SAIC Motor invested ₹2,000 crores ($300 million) to build a car manufacturing plant in Halol, Gujarat.
  • French drone manufacturer LH Aviation has announced a manufacturing plant in India to produce drones. 
  • Boeing announced setting up a factory to assemble fighter planes, either the Apache or Chinook defence helicopter in India, as well as the manufacture of the F/A-18 Super Hornet.
  • Meanwhile, Samsung has completed the construction of the display manufacturing unit that has been shifted from China to Noida in Uttar Pradesh. Now the displays of Samsung, that are used in the company’s products as well as by other consumer electronics players, will be manufactured in Noida.
  • In 2019, Samsung, the largest smartphone manufacturer in the world, ended its phone production facility in China. The company then turned to India to expand its manufacturing base to compensate for the Chinese manufacturing unit’s shutdown.
  • In April 2018, Saudi Arabia’s oil giant, Aramco signed an initial deal with a consortium of Indian refiners to build a $44 billion refinery and petrochemical project on India’s west coast. The project entails a refinery with an output capacity pf 1.2 million barrels per day (BPD), integrated with petrochemical facilities having a total capacity of 18 million tonnes per year.
  • India’s arms imports fell by 33% over the last five years and the Make in India initiative has had a major role to play in this. 

These are just a few examples of what Make in India has been able to achieve in the past seven years. 

Modi Government’s PLI Push for Manufacturers

The production-linked incentive (PLI) scheme was launched in March 2020 to boost domestic manufacturing and cut down on import bills. The scheme will incentivise 13 sectors with a total outlay of 1.97 lakh crores. Recently, the Indian government approved the PLI scheme for the drone and automobile sectors. The incentive provided by the government to the drone sector is 120 crores, while to the auto sector, it is nearly 26,000 crores. 

Read more: How many Jobs has the PLI scheme generated, and how many will it generate in the future

As explained by TFI previously, the PLI schemes are about to make India a giant job market. The 6,238-crore incentive to the white goods sector will create four lakh direct and indirect jobs. In the manufacturing sector, incentives provided under the PLI scheme are expected to double the workforce in upcoming years. The 10,683 crore incentives provided to the textile sector are expected to usher more than 7.50 lakhs additional job creation in the sector. The 15,000-crore incentive given to pharmaceuticals will generate 20,000 direct and more than 80,000 indirect jobs. 

The Way Forward

Even during his recent visit to the United States, Prime Minister Narendra Modi made it a point to interact with the CEOs of various major global companies, and impressed upon them the benefits of setting up bases in India. The Modi government is focused on bringing in as many global manufacturers to India as possible. By highlighting the vast opportunities in India, PM Modi encouraged the CEOs of Qualcomm Ventures, Adobe, First Solar, General Atomics, and Blackstone to step up their investments in the country. India is set to gain big on the semiconductors, 5G, and solar energy fronts with these meetings. 

The Make in India initiative is here to stay. In the coming times, more and more manufacturers are expected to queue up to set up facilities in India. The business environment is increasingly being unshackled in India, and PM Modi is personally leading a wave of reforms that will modernise and open up India’s economy. Rest assured; India has no time to rest. It must constantly look to become the most-favoured destination for businesses from around the world. We have come a long way, but the journey is far from over.

Tags: FDIHitachiMake In IndiaPLI schemePM Modi
Share380TweetSend
Previous Post

Sanjeet Bedi: Early demise due to Brain ailment

Next Post

When Dev Anand openly questioned Nehru about his affair with Lady Mountbatten

Related Posts

India Achieves 50% Non-Fossil Fuel Power Capacity
Economy

India Achieves 50 pc Non-Fossil Fuel Power Capacity, Five Years Ahead of Schedule

15 July 2025

In a major milestone for sustainable energy and climate action, India has achieved 50% of its total installed electricity...

Advantages of Using an EMI Calculator Before Applying for a Personal Loan
Finance

Advantages of Using an EMI Calculator Before Applying for a Personal Loan

14 July 2025

Thinking about applying for a personal loan? Before you hit that ‘Apply Now’ button, it’s wise to know what...

WiseProfitWay.com reviews – Trading Times
Finance

WiseProfitWay.com reviews – Trading Times

11 July 2025

If you’ve ever searched for a forex broker, you know how overwhelming it can be. So many names, bold...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Currently Playing

Bhima Koregaon Won’t Be Repeated; Maharashtra’s Special Act to Wipe Out Urban Naxals.

Bhima Koregaon Won’t Be Repeated; Maharashtra’s Special Act to Wipe Out Urban Naxals.

00:06:06

Conqueror of the Seas: Rajendra Chola and the Rise of Naval Bharat

00:07:47

How UPI went global? Why Namibia Adopted It?

00:07:20

Stalin’s DMK Faces Heat Over Brutal Custodial Killings in Tamil Nadu

00:08:06

Hindu girl r@ped, burned with cigarettes and forced to convert to Islam

00:03:31
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap
MASHABLE IS A GLOBAL, MULTI-PLATFORM MEDIA AND ENTERTAINMENT COMPANY. FOR MORE QUERIES AND NEWS, CONTACT US AT info@mashablepartners.com


©2025 TFI Media Private Limited

No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFIPOST हिन्दी
TFIPOST Global

©2025 TFI Media Private Limited