Previous Year Question
Which of the following statement(s) is/are correct about ‘Make in India’ Programme?
‘Make in India’ Programme was launched in the year 2014.
It aims at encouraging companies for manufacturing in India and facilitating investment.
Select the correct answer from the code given below:
Code:
Only 1
Both 1 and 2
Only 2
Neither 1 nor 2
Correct Answer: B
Detailed Solution
Statement 1 is correct. The ‘Make in India’ initiative was launched on 25 September 2014. It was intended to develop India into an important global hub for manufacturing, design and innovation.
Statement 2 is also correct. Major objectives of the initiative include facilitating investment, fostering innovation, developing better manufacturing infrastructure, improving ease of doing business and supporting skill development.
The initiative was designed not only to encourage Indian companies to manufacture in India but also to make the investment environment more conducive for both domestic and foreign investors. Measures such as FDI reforms, industrial infrastructure development and investment facilitation have formed part of this approach.
Current Status (2026): The Make in India initiative continues to operate. Make in India 2.0 currently focuses on 27 sectors—15 manufacturing sectors and 12 service sectors. As of March 2026, the broader framework continued to include investment facilitation, FDI policy reforms, the National Single Window System, PM Gati Shakti and various measures aimed at strengthening domestic manufacturing.