Make In India At 12: What Worked, What Didn't, What Needs More Work

The 'Make in India' initiative has marked its 12th anniversary, showing significant growth in electronics manufacturing and foreign direct investment. While the government touts the scheme's success in job creation and industrial output, the report acknowledges the ongoing need for further development to meet long-term goals.
Why it matters
The initiative is a cornerstone of India's economic strategy to transition into a global manufacturing hub, making its performance a key indicator of the nation's economic health.
Make In India Completes 12 Years: Twelve years ago, the Modi government made a bold promise. India would become the world's factory. Manufacturing would power jobs, exports, and growth. The name of that promise was "Make in India".On September 25, 2026, the initiative turned twelve. Prime Minister Narendra Modi marked the day by pointing to growth in domestic manufacturing, investment and exports across sectors. Commerce Minister Piyush Goyal went further, framing the real win as confidence -- the belief among founders and manufacturers that India can make, innovate, and compete with the world.Make In India: What WorkedStart with electronics, the scheme's poster child. Electronics production jumped from around Rs 1.9 lakh crore in 2014-15 to nearly Rs 13.11 lakh crore in 2025-26. Mobile phone production alone rose from roughly Rs 18,000 crore to Rs 6.27 lakh crore in the same window.
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