12 Years of Make in India

India’s Journey towards a Manufacturing Nation

Evolution of Make in India

Launched in 2014, Make in India aimed to make India a global hub for manufacturing, design and innovation, guided by “Minimum Government, Maximum Governance.”

 Under Make in India 2.0, the initiative covers 27 sectors—15 manufacturing and 12 services.

Growth of Manufacturing

• Manufacturing GVA recorded a 10.88% CAGR between 2022-23 and 2025-26 at constant prices.
• Manufacturing IIP grew 7% during April-July 2026 over the corresponding period of 2025.
• Electronics production increased from about ₹1.9 lakh crore in 2014-15 to ₹13.11 lakh crore in 2025-26; mobile-phone production rose from ₹18,000 crore to ₹6.27 lakh crore.
• Vehicle production reached 31.03 million units in 2024-25, around 33% higher than in 2014-15.
• Pharmaceutical turnover reached ₹4.72 lakh crore in 2024-25, while domestic medical-device manufacturing increased to ₹41,500 crore.
• Crude steel production more than doubled from 81.7 MT in 2014-15 to 170 MT in 2025-26.
• Indigenous defence production rose from ₹46,429 crore to a record ₹1.78 lakh crore during the same period.

Deepening Domestic Manufacturing Capabilities

The focus has shifted from assembling final products to developing components, systems, machinery and strategic materials.

• India has developed advanced pharmaceutical products, including biosimilars and innovative drugs.
• A pilot plant for Nd-Fe-B rare-earth permanent magnets was established at ARCI, Hyderabad, supporting EVs, renewable energy and electronics.
• ISRO and SCL developed VIKRAM3201 and KALPANA3201 microprocessors for space applications.
• Solar module capacity increased from 2.3 GW in 2014 to 192 GW in June 2026, while solar-cell capacity reached about 30 GW.
• Indigenous 30 kW EV drive technology has been developed and validated.
• HAL’s third LCA Tejas Mk1A production line raised annual capacity to 24 aircraft.
• Rail Wheel Factory produced 2.10 lakh wheels, 1.22 lakh axles and 1.20 lakh wheelsets in 2025-26.
• Domestic production of capital goods and heavy engineering equipment nearly doubled from ₹2.87 lakh crore in 2019-20 to ₹5.70 lakh crore in 2024-25.

Major Enabling Reforms

FDI: India received USD 843 billion in cumulative FDI during 2014-15 to 2025-26.

National Single Window System (NSWS): Provides access to 327+ Central and 3,452 State approvals, simplifying business clearances.

India Industrial Land Bank: Mapped 4,220 industrial parks covering about 6.98 lakh hectares.

PM GatiShakti: Promotes integrated infrastructure planning and multimodal connectivity. By August 2026, the Network Planning Group had evaluated 396 projects worth ₹18.66 lakh crore.

PLI Schemes: Across 14 sectors, PLI attracted ₹2.40 lakh crore investment, generated over ₹22.66 lakh crore production and sales, and created more than 14 lakh jobs by June 2026.

New Manufacturing Push

Recent initiatives aim to strengthen strategic and high-value manufacturing:

• PLI for Specialty Steel: Supports advanced steel such as CRGO, super alloys and titanium alloys.
• Rare-Earth Magnets Scheme: ₹7,280 crore for 6,000 MTPA integrated NdFeB capacity.
• BHAVYA: ₹33,660 crore for 100 industrial parks.
• Mobile Phone Manufacturing Scheme: ₹62,500 crore to expand production and domestic value addition.
• Semicon 2.0: ₹1,27,500 crore for semiconductor design, manufacturing, packaging, materials, equipment, R&D and talent.
• BHAVYA Rasayan: ₹3,030 crore for three dedicated chemical parks.

Conclusion

• After 12 years, Make in India has evolved from increasing production to building deeper domestic value chains, technological capabilities and strategic manufacturing capacity.
• Its continuing focus on infrastructure, investment, innovation, components, skills and advanced technologies seeks to strengthen India’s role in global manufacturing and supply chains.

Reference

PIB