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Make in India Initiative: Benefits and Challenges
Sangeeta
Abstract:
Make in India is an ambitious initiative launched by the Government of India in September 2014 to transform the country into a global manufacturing hub. The program aims to attract foreign investment and facilitate domestic manufacturing, thereby boosting economic growth, creating jobs, and enhancing India\'s position in the global economy. This initiative developed by government specially tothe economy and boost up the employment and production in India. The growth of the production sector also enhances other sectors and demeans the import and heavy expenditure that gone on other basic technological pieces of equipment. In reference, it also opens the horizons for other sectors and precise their development. In comparison to the developed economies, India is still lagging behind but after the “Make in India” initiative India has been successful in creating the optimism in the market\r\n