Make in India: List of sectors, Objectives and Budget Allocation

Make in India Programme was launched by PM Modi on 25 September 2014 to encourage companies to manufacture their products in India. The basic objective of this plan was to increase the share of the manufacturing sector in the Indian GDP.
Make in India
Make in India

Make in India is a “Be Indian and Made Indian” type of Swadeshi movement; covering 25 sectors of the economy. This plan was launched by the Government of India on 25 September 2014 to encourage companies to manufacture their products in India.

The sole motive of this plan is to convert India into a Global Manufacturing Hub.

In order to invite foreign manufacturers in the country, the Government of India has allowed 100% Foreign Direct Investment (F.D.I.) in key sectors of the economy.

As per the current policy, 100% FDI permitted in all the 25 sectors covered in the "Make in India" plan, except for media (26%), defence (49%) and space (74%)).

List of sectors covered under the “Make in India” is as follows;






 Auto components










 Defense manufacturing


 Electrical machinery


 Electronic system design and manufacturing


 Food processing


 IT and BPM




 Media and entertainment




 Oil and gas








 Renewable energy


 Roads and highways






 Thermal power


 Tourism & Hospitality



Currently, manufacturing sector is contributing around 16% in the Indian GDP but the government of India wants to make it 25% by 2022. It is worth mentioning here that the manufacturing sector is contributing around 34% share in the Chinese GDP

Another objective of Make in India is to create 100 million additional manufacturing jobs in the economy by 2022.

The launch of “Make in India” is showing some positive results because, after the launch of the plan, India received investment commitments worth US$250 billion and investment inquiries worth US$23 billion between September 2014 to February 2016.

Budget Allocation for Make in India in Union Budget 2020-21

The total allocation for the Make in India programme was Rs 651.58 crore in 2019-20. In the Union Budget 2020-21, total allocation for the same increased to Rs 1,281.97 crore.

 In conclusion, it can be said that make in India is a good initiative by the government of India and it can convert India from an importing economy into an exporting economy.

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