🇮🇳 How India Is Becoming Global Manufacturing Hub ?

Описание: #infratalks #makeinindia #madeinindia #manufacturing #manufacturinghub #indiadevelopment

"Through 'Make in India' and 'Made in India,' the country will not only progress economically but also provide employment opportunities, which can help control unemployment in India.

As a result, where in 2014 India's foreign direct investment (FDI) was only US $45.15 billion,

It has now increased to $83.6 billion in 2021-22.

According to data predictions, India is soon set to attract $100 billion in foreign investments.

Seeing the demand for semiconductors and displays worldwide, India has launched a $10 billion incentive plan to manufacture semiconductors in India.

In 2017, the World Bank ranked India 100th in 'Ease of Doing Business.'

Now, in 2023, India ranks 10th in 'Ease of Doing Business.'

This, in itself, is a significant achievement for India,

And behind the success of 'Make in India' lies the government's major initiatives like 'Bharatmala,' 'Sagarmala,' 'Dedicated Freight Corridors,' and 'Industrial Corridors.'

Whereas in 2014-15, the manufacturing growth rate in India was 6.9%,

It had increased to 11.4% in 2022.

A significant example of the success of 'Make in India' is seen in KIA cars,

When in April 2017, KIA announced that the company would invest $1.1 billion in 'Make in India' to manufacture its cars in the Indian market.

The plant was ready in March 2019 in Anantapur, Andhra Pradesh,

And KIA had employed approximately 3,000 employees to work in this plant.

After the success of KIA in the Indian market, KIA has invested an additional $2 billion and created 10,000 jobs.

Friends, the glimpse of 'Make in India' and 'Made in India' is not limited to just the automobile sector,

It is also visible in the defense manufacturing sector."

India, which used to depend on other countries for its defense equipment in the past,

Today, India is exporting defense missiles and helicopters to other countries.

Under the 'Make in India' initiative, Russia has partnered with India to produce several defense missiles and helicopters.

Additionally, DRDO has developed various defense missiles, including Nag Missile, Brahmos Cruise Missile, ASAT Missile, Shakti Electronic Warfare Systems, INS Vikrant aircraft carrier,

And many more defense guns and bombs, and this list is quite long and can be the subject of a separate video.

Today, India is supplying a substantial amount of defense equipment to other countries,

Including India's famous 'Brahmos Cruise Missile,' which is a 50.5% Indian and 49.5% Russian joint venture.

In 2022-2023, India has exported defense equipment worth Rs. 16,000 crore,

Which was only Rs. 686 crore in 2013-14.

Friends, when we talk about 'Made in India,'

The 'Vande Bharat Train' is entirely 'Made in India.'

Furthermore, India is building metro systems on a large scale under 'Made in India,'

Which are operational in Mumbai and Pune.

Additionally, India's 'Prachand Helicopter' is also entirely 'Made in India.'

Under 'Made in India,' India has carved a special place for itself in space.

Today, who doesn't know about ISRO's space missions,

Including Mangalyaan, Chandrayaan-3, and Aditya L1, among other major 'Made in India' missions.

India's 'Made in India' UPI system has also successfully carved its niche in the world,

Which countries like France, Singapore, and Saudi Arabia have adopted.

Today, 'Made in India' TVS bikes have shown the way to Chinese companies in Africa.

Today, in India, 'Made in India' alternatives are present in almost all our daily use products.

'Make in India' and 'Made in India' are not only ways to boost the Indian economy,

But also a way for developing nations to progress towards becoming developed nations.




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