‘Make in India’ gains remain concentrated, analysis says
An analysis published by The Hindu says recent government incentive schemes have produced some successes during 12 years of ‘Make in India’, but that the gains remain limited to a small number of sectors. The supplied material says the programme’s impact on growth, jobs and global share has been uneven.
The impact of 12 years of the ‘Make in India’ initiative has been described as limited and uneven in an analysis published by The Hindu. The analysis says recent incentive schemes introduced by the government have achieved some success. However, it adds that those gains are concentrated in a handful of sectors rather than being broad-based across the economy.
The supplied material characterises the results as low and patchy in relation to economic growth, employment and India’s share of global markets. It does not provide the metrics behind those assessments or identify the sectors that have benefited most. The material also does not state whether the analysis compares the programme with specific targets, periods or other countries.
No government response, industry reaction or independent assessment is included in the information provided. The report’s central conclusion is that the manufacturing initiative has delivered some gains through incentive programmes, but that those gains have not yet translated into a widespread improvement across the areas examined. Further details are not available in the supplied summary.
This independently written report is based on information supplied by the named publisher. Vertrix News has not independently verified the source report.