Overview
- Rahul Gandhi argued that the Make in India initiative has failed to spur true manufacturing growth, citing a drop to a 14% GDP share, a doubling of Chinese imports, and alleging the PLI scheme is being quietly rolled back.
- Maharashtra Chief Minister Devendra Fadnavis rebuked Gandhi as uninformed on economic policy and urged him to do research before commenting on manufacturing trends.
- Fadnavis highlighted that over 20% of parts in Apple products and up to 25% in Samsung and Dixon devices are now produced domestically, with plans to increase local content to 35-40%.
- The government’s Production Linked Incentive scheme was presented as the main force driving renewed industrial investment and job creation in vital sectors.
- BJP leaders contrasted these achievements with the Congress era, noting that India’s trade deficit with China had surged eightfold from 2004 to 2014 before stabilizing under the current administration.