India Celebrates 10 Years of 'Make in India' Initiative
PM Modi highlights significant achievements in manufacturing and global economic role.
- Prime Minister Narendra Modi praised the 'Make in India' initiative for transforming India into a major manufacturing hub over the past decade.
- India has become the world's second-largest mobile manufacturer and the fourth-largest producer of renewable energy.
- The Production Linked Incentive (PLI) scheme has generated ₹1.32 lakh crore in investments and created over 8.5 lakh jobs.
- India's defence exports have grown from ₹1,000 crore in 2014 to ₹21,000 crore, reaching more than 85 countries.
- The initiative has significantly boosted the MSME sector, empowering citizens to become wealth creators and entrepreneurs.