World Economy

‘Make in India’ Campaign

‘Make in India’ Campaign‘Make in India’ Campaign

Given the need to create a million non-farm jobs every month, India manufacturing would have to grow at 12-14 percent annually, industry body FICCI said in a document on ‘Make in India’ unveiled to coincide with the official launch of the campaign. The ‘Make in India’ campaign launched by the Prime Minister Narendra Modi can become the trigger in transforming Indian manufacturing, with its share in GDP languishing at 15-16 percent for several years, FICCI said. The FICCI document states that India is unarguably an attractive investment destination given its rich demographics that feed into the intrinsic demand and supply elements of businesses.