• The ‘Make in India’ initiative was launched on September 25, 2014, to facilitate investment, foster innovation, building best in class infrastructure, and make India a hub for manufacturing, design, and innovation. 

• Since its launch, Make in India has made significant achievements and is now focusing on 27 sectors under Make in India 2.0. 

The 27 sectors under the initiative are:

Manufacturing Sectors

• Aerospace and Defence

• Automotive and Auto Components

• Pharmaceuticals and Medical Devices

• Bio-Technology

• Capital Goods

• Textile and Apparels

• Chemicals and Petrochemicals

• Electronics System Design and Manufacturing (ESDM)

• Leather & Footwear

• Food Processing

• Gems and Jewellery

• Shipping

• Railways

• Construction

• New and Renewable Energy

Service Sectors

• Information Technology & Information Technology enabled Services (IT & ITeS)

• Tourism and Hospitality Services

• Medical Value Travel

• Transport and Logistics Services

• Accounting and Finance Services

• Audio Visual Services

• Legal Services

• Communication Services

• Construction and Related Engineering Services

• Environmental Services

• Financial Services

• Education Services

• The Department for Promotion of Industry and Internal Trade (DPIIT) is coordinating action plans for 15 manufacturing sectors, while the department of commerce is coordinating for 12 service sectors.

• Now, DPIIT is working closely with 24 sub-sectors which have been chosen keeping in mind the Indian industries strengths and competitive edge, need for import substitution, potential for export and increased employability. 

These 24 sub-sectors are:

Furniture, air-conditioners, leather and footwear, ready to eat, fisheries, agri-produce, auto components, aluminium, electronics, agrochemicals, steel, textiles, EV components and integrated circuits, ethanol, ceramics, set top boxes, robotics, televisions, close circuit cameras, toys, drones, medical devices, sporting goods, gym equipment.

• The government is making efforts under investment facilitation, including financial assistance to Invest India, for implementation of Make in India action plans to identify potential investors. 

• Support is being provided to Indian missions abroad and state governments for organising events, summits, road-shows and other promotional activities to attract investment in the country under the Make in India banner.

• Investment outreach activities are being carried out for enhancing international cooperation for promoting foreign direct investment (FDI) and to improve Ease of Doing Business (EoDB) in the country. 

• Steps taken to improve Ease of Doing Business include simplification and rationalization of existing processes.

• DPIIT, in consultation with the state governments, has also started a comprehensive reform exercise in states and UTs. 

• Under Business Reforms Action Plan (BRAP), all states/UTs in the country are ranked on the basis of reforms implemented by them on designated parameters. This exercise has helped in improving business environment across states.

• Measures taken by the government on FDI Policy reforms have resulted in increased FDI inflows in the country year after year. India registered its highest ever annual FDI inflow of $81.97 billion (provisional figures) in the financial year 2020-21 despite the COVID-19 pandemic related disruptions. 

• In the last seven financial years (2014-21), India has received FDI inflow worth $440.27 billion which is nearly 58 percent of the FDI reported in the last 21 years ($763.83 billion).

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