12 Years of Make in India Initiative
Why in News?
India marked 12 years of the Make in India initiative on 25 September 2026. Launched on 25 September 2014, the initiative aims to promote domestic manufacturing, attract foreign investment, increase exports and strengthen India’s industrial competitiveness. Over the years, it has become an important component of India’s economic development and manufacturing strategy.
Make in India: Core Features
Make in India is a national initiative focused on manufacturing, services and investment promotion. It covers 27 sectors, including 15 manufacturing sectors and 12 services sectors. The programme supports domestic value addition, employment generation, technology development and integration with global supply chains.
The initiative is linked with broader industrial policies designed to improve the business environment and encourage both domestic and international companies to establish production facilities in India.
Foreign Direct Investment and Industrial Growth
India recorded its highest-ever annual foreign direct investment (FDI) inflow of USD 94.53 billion in FY 2025–26. Cumulative FDI inflows between FY 2014–15 and FY 2025–26 reached approximately USD 843 billion.
India’s electronics sector has also witnessed significant growth. Electronics production increased from around ₹1.9 lakh crore in FY 2014–15 to an estimated ₹13.11 lakh crore in FY 2025–26. Mobile phone manufacturing increased from ₹18,000 crore to ₹6.27 lakh crore during the same period. India also became the world’s second-largest mobile phone manufacturer by production volume.
Production Linked Incentive Scheme
The Production Linked Incentive (PLI) scheme promotes manufacturing by providing incentives linked to incremental production and performance. As of 31 March 2026, PLI schemes had generated:
- Actual investments of ₹2.40 lakh crore.
- Production and sales of ₹23.8 lakh crore.
- Exports worth ₹15.2 lakh crore.
- More than 14.6 lakh direct and indirect jobs.
PLI schemes support sectors such as electronics, pharmaceuticals, automobiles, telecommunications and advanced manufacturing.
Defence and Pharmaceutical Sector
Indigenous defence production increased from ₹46,429 crore in 2014–15 to ₹1.78 lakh crore in FY 2025–26. This reflects the growing emphasis on defence manufacturing and domestic production capabilities.
India’s pharmaceutical industry ranked third globally by volume and eleventh by value in 2024–25, recording an annual turnover of ₹4,71,898 crore.
Make in India Initiative : Exam-Oriented Facts for Competitive Exams
- Launch Date: 25 September 2014.
- Coverage: 27 sectors, including 15 manufacturing and 12 services sectors.
- FDI Inflow in FY 2025–26: USD 94.53 billion.
- PLI Scheme: Incentive framework linked with manufacturing performance.
- Mobile Manufacturing: India became the world’s second-largest mobile phone manufacturer by volume.
- Key Objectives: Domestic manufacturing, investment promotion, exports and employment generation.
