Indian Government led by Mr. Modi is very excited and enthusiastic about “Make in India”. It in a way means “Manufacture in India”. Government is promoting this across the globe. There are positive news about it but on ground nothing much has happened so far. It’s obvious that if this Project moves in a right direction, it will take few years to prove results. Today we are going to highlight 10 benefits, advantages which India can have if “Make in India” really becomes a reality. Let’s have a look at those 10 advantages.
1) Self dependency
India will become self dependent on those products which are being imported from other countries.
2) Reduction in imports
India’s import will go down which will improve India’s Forex reserves.
3) More employment
It will generate more employment especially for people at lower levels, working class.
4) Cost reduction
It will reduce cost of items when they will be manufactured in India. When we import items, they become costly.
5) Defense items self dependency
India can become self dependent on defense items. As of today India is one of the biggest arms importer.
6) Improve Indian Economy
It will improve Indian economy and will give small Indian companies a boost who are directly/indirectly part of manufacturing processes.
7) More jobs
It will provide more jobs to Indian youth which is mostly employed as of today.
8) More exports
India once is self dependent for their own needs, can think about exports.
9) Improved infrastructure
It will help improve Indian infrastructure.
10) Skill development
It will help in skill development and will create more skilled worker.
Team MotivateMe.in is quote positive on every Government move, no matter which party represents and we are sure with positive approach all across we can achieve good results.
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