Make in India slowly making a mark

Make In India, India Investment Journal January Edition
by India Inc. Staff
The Narendra Modi government’s relentless efforts to boost domestic manufacturing and generate millions of new jobs in the country are slowly beginning to bear fruit.

The Narendra Modi government’s Make in India initiative seems to be paying dividends. For the first time ever, domestic production of electronics exceeded imports. The domestic output of electronics in 2016-17 was $49.5 billion compared to $43 billion of imports.