
12 years of ‘Make in India’ in 12 metrics — Low and patchy impact on growth, employment & global share
After a dozen years, India's 'Make in India' initiative shows modest and uneven effects on economic growth, job creation, and the country's share in global manufacturing. While recent government incentive programs have yielded some positive outcomes, benefits remain confined to a small number of industries, limiting the overall impact of the policy on broader development goals.