DEVELOPMENT OF INDIGENOUS INDUSTRY THROUGH MAKE IN INDIA: A STUDY

The “Make in India” initiative, launched by the Government of India in 2014, is a transformative program aimed at revitalizing the manufacturing sector, encouraging indigenous production, and reducing dependency on imports. The policy seeks to convert India into a global design and manufacturing hub by improving the business ecosystem, attracting foreign direct investment (FDI), and fostering innovation-driven industrial growth. This paper studies the development of indigenous industries under the Make in India campaign, highlighting its strategic framework, sectoral performance, policy interventions, and challenges. Using descriptive and analytical methods, the paper examines how Make in India has strengthened domestic capabilities, encouraged start-up innovation, promoted technology transfer, and enhanced India’s global competitiveness. The study concludes that while significant progress has been made, continued policy consistency, infrastructural support, and skill development are essential for India’s sustained industrial transformation.