India is a country which is growing on a fast pace. It focuses on making India a global manufacturing hub. This programme targets the reduction in delays of manufacturing projects clearance, development of adequate infrastructure, and business for the companies of different scale becomes easy in the country. Under this programme, there are certain key points which have been identified by the government of India like auto-components, bio-technology, automobiles, chemicals and defense technology, food processing, electronic systems, mining, railways, ports and textiles.
By using single online portals, this nationally performed programme aims at time-bound project clearance by getting support from the team of eight members. They are dedicated to address various issues related to skill development, labor laws and infrastructure. Through the agenda of Indian campaign known as ‘Make in India’, foreign players are collaborating with the team of India to laid emphasis on Foreign Direct Investment to develop India as a first priority.
This policy helps in the generation of self-reliance in the above sectors by increasing the focus on more jobs creation, indigenization, and increase in purchasing power which enhance and grow the Indian economy. This programme determines the contribution of 15% of GDP (Gross Domestic Product) in the manufacturing sector and is increased to 25% in the next few years.
This initiative is based on lion step which guides the increase in manufacturing industry in our country. This phase helps in the generation of more employment opportunities for the poor people and increase purchasing power of the employers and the youth. This event or programme becomes live in several cities in India and abroad by using different mediums of video conferencing.
It approves the investors present at global and domestic look present in the market instead of making use of opportunities to the students from different areas. It helps in providing huge market for your product rather than giving them an opportunity to survive in the competition situations. The increase in cost-effective manufacturing leads to increase in number of potential buyers in the market.
This campaign has followed a step for making the India country, a hub of the investment which requires primary function to be performed i.e. creation of efficient administrative machinery with regulatory clearances. This regulatory authority should create a conducive environment for the bussing engineers for their business. It is identified that the production cost in India is increasing due to the implementation of various regulations, procedures and policies. For the setting up of these facilities in the country, it is important to address these challenges quickly for manufacturing industry.