12 Years of Make in India

Key Highlights:

• The Make in India initiative completed 12 years, transforming India's manufacturing landscape and positioning it as a global hub.
• Launched on September 25, 2014, the initiative focuses on facilitating investment, fostering innovation, and developing world-class infrastructure.
• Manufacturing Gross Value Added (GVA) recorded a compound annual growth rate of 10.88% between 2022-23 and 2025-26.
• Significant production growth was observed across key sectors including electronics, automobiles, pharmaceuticals, steel, railways, and defence.
• Key initiatives like Production Linked Incentive (PLI) schemes, PM GatiShakti, and National Single Window System (NSWS) have supported investment and production.
• India has deepened its domestic manufacturing capability in advanced products, strategic materials, components, and capital goods.
• The initiative now covers 27 sectors, including 15 in manufacturing and 12 in services, under Make in India 2.0.

Detailed Insights:

• Electronics production increased nearly sevenfold, with mobile phone production rising approximately 33-fold, making India the world’s second-largest mobile phone manufacturer.
• Vehicle production reached 31.03 million units in 2024-25, marking a 33% increase from 2014-15.
• India's pharmaceutical industry ranks 3rd globally by volume and 11th by value, with domestic medical device manufacturing also showing substantial growth.
• Crude steel production nearly doubled, and indigenous defence production increased by approximately 283% since 2014-15.
• Indian Railways significantly boosted coach and locomotive manufacturing, including advanced Linke Hofmann Busch (LHB) coaches.
• Advanced pharmaceutical products like biosimilar antibody-drug conjugates for breast cancer and anti-rabies monoclonal antibodies are now manufactured domestically.
• A pilot plant for Nd-Fe-B rare-earth permanent magnets was established in Hyderabad, crucial for electric vehicles and renewable energy systems.
• ISRO and SCL developed VIKRAM3201 and KALPANA3201 microprocessors for space applications, fabricated in India.
• Solar module manufacturing capacity rose from 2.3 GW in 2014 to 192 GW as of June 2026.
• Hindustan Aeronautics Limited (HAL) expanded its Light Combat Aircraft (LCA) Tejas Mk1A and HTT-40 trainer-aircraft production lines.
• Cumulative Foreign Direct Investment (FDI) reached USD 843 billion during 2014-15 to 2025-26, a 169% rise over the preceding twelve years.
• National Single Window System (NSWS) provides access to over 327 Central and 3452 State approvals, streamlining business processes.
• India Industrial Land Bank (IILB) maps 4,220 industrial parks, covering approximately 6.98 lakh hectares, aiding industrial location decisions.
• PM GatiShakti National Master Plan coordinates infrastructure development, with its Network Planning Group (NPG) evaluating projects worth approximately ₹18.66 lakh crore.
• Production Linked Incentive (PLI) schemes attracted ₹2.40 lakh crore investment, generated ₹22.66 lakh crore in production, and created over 14 lakh jobs.
• Startup India initiative has recognized approximately 2.54 lakh entities as startups, fostering innovation and entrepreneurship.
• New schemes like Semicon 2.0 (₹1,27,500 crore) and Mobile Phone Manufacturing Scheme (MPMS) (₹62,500 crore) aim to boost specific high-tech manufacturing.
• Bharat Audyogik Vikas Yojana (BHAVYA) and BHAVYA Rasayan focus on developing world-class industrial parks and chemical parks.

Key Concepts Involved:

• Make in India: A government initiative launched in 2014 to encourage companies to manufacture their products in India and incentivize investment.
• Production Linked Incentive (PLI) Scheme: A scheme offering incentives on incremental sales from products manufactured in India across various sectors.
• PM GatiShakti National Master Plan: A digital platform for integrated planning and coordinated implementation of infrastructure connectivity projects.
• National Single Window System (NSWS): A digital platform providing a single point of contact for businesses to obtain required government approvals and clearances.