Role of Msmes in the 'Make in India' Campaign: Challenges and Opportunities: A Case Study of Bharat Electronics Limited
The 'Make in India' campaign, launched in 2014, aims to transform India into a prominent global manufacturing center by fostering local production and enticing foreign investments. The pivotal role played by micro, small, and medium enterprises (MSMEs) is instrumental in this vision, as they make substantial contributions to job creation, industrial output, and exports. This analysis delves into the obstacles encountered by MSMEs within the framework of the 'Make in India' initiative and delves into the potential opportunities it presents. By scrutinizing the current landscape, this paper aims to propose strategies for fortifying the MSME sector and amplifying its impact on India's manufacturing ambitions. This research focuses on Bharat Electronics Limited, a leading MSME in the defense electronics sector, to explore the role of MSMEs in the 'Make in India' campaign, the challenges they face, and the opportunities they can seize. . KEYWORDS :MSME, Make in India, Economy, Campaign, Challenges, Bharat Electronics Ltd.
Authors
- ARVIND KUMAR YADAV AND MANI ARORA
Publication Details
- Journal
- PRAJNANA
- Published
- 2024-12-01
- DOI
- https://doi.org/10.59467/pj.2024.15.123
- Primary Topic
- Innovation and Socioeconomic Development
- Type
- article
- Field-Weighted Citation Impact
- 0.00