Excerpts from Make In India Policy Highlights and Provisions
The Make in India program was launched by Prime Minister Modi in the year 2014 to put India on the world map as a major hub for global design and manufacturing. Through this initiative it is expected that India would surpass China and US as a global entity for foreign direct investment particularly when the world economy is on the recovery mode. Through the Make in India (MII) initiative the Government of India aims to take the GDP to 25% by 2022. For the initiative to kick-off major new initiatives have been designed to facilitate investment, foster innovation, protect intellectual property, and build best-in-class manufacturing infrastructure.