The Make in India initiative which was put forward by PM Narendra Modi has now been showing huge positive upsides. This initiative has directly or indirectly helped India become a hub for manufacturing and has also given a global recognition to the Indian Economy. An aim of employing around 10 million people by 2025 has been taken up by the Government.
The global industry and well-known companies in the world have lately realized that the production sites which were earlier only set up in China have now taken a decision about having alternative production sites. And majority of them think that India is the best alternative and thus is fueling India to become a big manufacturing center.
On Sunday, Union Minister- Ravi Shankar Prasad said that, “India is emerging as a big manufacturing center and the global manufacturer ecosystem is realizing that they must have other places apart from China. I am glad to inform that Apple is shifting to India in a significant way, Samsung has already come and they further want to expand. I have been told that around eight factories of Apple have shifted to India from China.”
In 2014, there were only 2 mobile factories in India, and in today’s times the number of factories has crossed 250. Prasad added, “I announced this scheme in April, during the height of COVID and gave July 31 as the last date for filing applications. They have committed to make mobile phones and components worth Rs 12 lakh crores in 5 years of which Rs 7 lakh crores worth products will be exported. It will provide jobs to three lakhs in India directly and nine lakh Indians indirectly.”
The initiative of Aatmanirbhar India does not mean that India has to be isolated, it actually means India becoming a major economy of the world.
India has taken a bold step against China which has been recognized by the US, UK, Japan and Australia. “When something happened with China in Ladakh, our PM stood firmly and made it very clear that India shall not compromise on its sovereignty. This bold stand of India is being globally recognized from US, UK and Japan to Australia,” Prasad said.
NEWS REPORTED BY:
VRIDHI BHAGNARI.
