What is "Make in India?"
Published on: December 2016
Launched on September 25, 2014, “Make in India” is the major economic plan of Prime Minister Narendra Modi’s government. With the “Make in India” program, Modi hopes to make India one of the predominant manufacturing hubs of the world. In order to encourage development in India’s manufacturing sectors, the government has relaxed foreign direct investment policies on 25 focus sectors of the Indian economy. These include sectors such as renewable energy, automobiles, highways, textiles, and wellness.
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Taking Advantage of India's Improving Business Environment
In this issue of India Briefing Magazine, we look at the important regulatory reforms, policy initiatives, and increased incentives for investing in the Indian market that have emerged since Prime Minister Narendra Modi took office in 2014. Foreign companies should take note of the pro-business agenda of the current government and stay updated with the new reforms and sectoral policies that might ease their entry, investment, and expansion of business operations in India.