Make in India turns 12: PM Modi hails growth

On the 12th anniversary of the 'Make in India' campaign, Prime Minister Narendra Modi celebrated the significant progress achieved across various sectors of the economy. He highlighted increased manufacturing, heightened foreign investment, and elevated exports in a post on X, stating, "More made in India. More investment in India. More exports from India. A transformation visible across sectors! #12YearsOfMakeInIndia."

The program, initiated on September 25, 2014, aimed to revitalize India's industrial sector by promoting a robust manufacturing ecosystem and positioning the nation as a global hub for manufacturing, design, and innovation. Union Commerce and Industry Minister Piyush Goyal emphasized that the success story extends beyond mere statistics; it represents the confidence in India's ability to manufacture, innovate, and compete on the global stage.

Government records reveal robust growth in the manufacturing sector, primarily propelled by Production-Linked Incentive (PLI) schemes. These initiatives, as of March 31, 2026, attracted approximately Rs 2.40 lakh crore in actual investments, leading to Rs 23.8 lakh crore in production and sales, Rs 15.2 lakh crore in exports, and over 14.6 lakh direct and indirect job opportunities.

The electronics industry has shown remarkable expansion over the past twelve years. Production surged from around Rs 1.9 lakh crore in FY 2014-15 to an estimated Rs 13.11 lakh crore in FY 2025-26. Similarly, mobile phone manufacturing surged from about Rs 18,000 crore to Rs 6.27 lakh crore during the same period. The government remains committed to strengthening domestic industrial capabilities, fostering innovation, attracting global investments, and enhancing India's integration into international supply chains.