| Dimensions |
Made in India
|
Make in India
|
| Focus |
- Developing domestic manufacturing capabilities and promoting locally made products.
|
- Encourage both domestic and foreign companies to manufacture their products in India.
|
| End Goal |
- Make India self-reliant.
- Reduce import dependency.
- Create more jobs.
|
- More foreign investment.
- Create more jobs.
- Boost India’s exports.
|
| Government Policies |
- Zero Defect, Zero Effect
- Quality Control Orders
|
- Relaxing FDI norms
- Simplifying regulatory procedures.
- Offering incentives. (Production Linked Incentive (PLI) Scheme).
|
| Risks involved |
- A more sustainable approach by building local capabilities, promoting local products.
|
- over-reliance on foreign technology and expertise.
- Domination by foreign companies.
|