“Make in India” Campaign, its relevance and revelations with special reference to Electronics Industry in India
Journal Title: International Journal of engineering Research and Applications - Year 2017, Vol 7, Issue 12
Abstract
On 15 th august 2014 New Prime Minister's First Independence Day speech gave a clarion call to 'Make In India' with an 'Zero Defect; Zero Effect' policy, aiming to make India a renowned manufacturing hub for key sectors such as electronics. Companies across the globe would be welcomed to make investment in India and set up their factories and expand their facilities in this country by using country‟s highly talented and skilled manpower to create world class zero defect products. The primary motive was to convert this country into a global manufacturing hub that helps create jobs and boost economic growth. While some major MNCs are assessing manufacturing ecosystem in India, large-scale component manufacturing still remain a long-term goal. The present “Make in India” campaign reminds us on 1983 NDDB issue on “Operation Flood” news article came in Illustrated Weekly. There are various inhibitors to the growth of electronic component manufacturing in India such as the absence of favorable ecosystem compared to other manufacturing hubs in countries such as Taiwan, China and South Korea. Electronic items require high capital investment and non-availability of raw material such as molding component, lead frames. Some critics feel that the country is moving away from a mixed to a capitalist economy with corporate honchos appearing set to get a "bonanza of sorts" and the poor a "pittance”. Whatever may be scenario, we can allow constructive criticisms rather than political gimmicks on this campaign like “Make in India”. In this study we honestly attempt to analyze the two sides of the programme in the light of its implication and relevance.
Authors and Affiliations
Dr. Susil Kumar Sarangi
Keywords
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- EP ID EP393262
- DOI 10.9790/9622-0712069199.
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