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Make In India: A Decade Of Transformative Growth
The Machinist
|January 2024
The article delves into how the Indian space and aviation industry is ushering India into a new era of self-reliance and global competitiveness by nurturing indigenous capabilities, fostering international collaborations, and achieving key technological advancements.
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In 2014, India embarked on a visionary journey with the launch of the ‘Make in India’ program, a transformative endeavour aimed at propelling the nation into a global manufacturing powerhouse. A decade later, as we reflect on the impact of this initiative, it is evident that ‘Make in India’ has not only reshaped the economic landscape but has also played a pivotal role in bolstering sectors crucial for national security and technological advancement.
The Government of India unveiled the ‘Make in India’ initiative, envisioning a future where India’s prowess in manufacturing would lead global economic dynamics. The overarching goal was to elevate the contribution of manufacturing to India’s GDP, foster job creation, and position the country as a formidable player on the global economic stage. The success of Make in India lies in its multifaceted approach, addressing regulatory complexities, promoting innovation, and attracting both domestic and foreign investments.
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