Investment and The Make in India Initiative: A Pathway to Becoming a Global Superpower
Piyush Goyal, Union Minister, articulated that investment is imperative to make India a global superpower during his discussion on the Make in India initiative. He highlighted how this program has transformed India's manufacturing sector, nearly doubling its size in a decade and contributing significantly to the GDP. Key reforms such as the GST and the focus on ease of doing business have further enhanced the investment climate. Goyal pointed out the '4D advantage'—Decisive Leadership, Demographic Dividend, Demand, and Democracy—that positions India as an attractive destination for manufacturers. As India capitalizes on these strengths, the future of Make in India looks bright, evolving into specialized manufacturing to meet global demands.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.