4o mini Introduction The Make in India initiative, launched in 2014 by Prime Minister Narendra Modi, aimed to transform India into a global manufacturing hub. With an emphasis on promoting domestic manufacturing and boosting employment, it sought to attract foreign investment, foster innovation, and build a self-reliant economy. The campaign encouraged global companies to set…
Introduction Micro, Small, and Medium Enterprises (MSMEs) play a pivotal role in shaping India’s economic landscape. Often referred to as the backbone of the Indian economy, MSMEs contribute significantly to employment generation, industrial output, exports, and inclusive growth. With more than 63 million enterprises spread across the country, MSMEs collectively employ over 110 million people…
Introduction India, a fast-growing economy, has set ambitious goals for transforming its industrial sector, which plays a crucial role in driving economic growth, employment, and development. To achieve these goals, India has introduced various initiatives and policies that aim to boost the manufacturing sector, promote entrepreneurship, and create a conducive environment for innovation. Two key…
Introduction Industrial policy plays a pivotal role in shaping a nation’s economic growth by promoting investment, boosting production, and generating employment. India, being one of the fastest-growing economies in the world, has adopted various industrial policies to accelerate its growth trajectory. The present industrial policy of the Government of India is focused on enhancing domestic…