Make in India turns 12: PM Modi highlights growth in manufacturing, investment and exports

Prime Minister Narendra Modi commemorated the 12th anniversary of the 'Make in India' initiative on Friday, emphasizing the strides made in manufacturing, investment, and exports. In a post on X, Modi stated, "More made in India. More investment in India. More exports from India. A transformation visible across sectors! #12YearsOfMakeInIndia."

The program, launched on September 25, 2014, aimed to bolster India's manufacturing sector and position the nation as a global hub for manufacturing, design, and innovation. Union Commerce and Industry Minister Piyush Goyal highlighted that India has evolved from manufacturing for domestic consumption to being capable of producing for global markets.

Goyal emphasized the confidence the initiative instilled in startups, entrepreneurs, manufacturers, innovators, exporters, and people, asserting that "India can make, India can innovate, and India can compete with the world." Government data indicated that the manufacturing sector experienced robust growth, and Production-linked incentive (PLI) schemes played a crucial role in drawing investment, boosting production and exports.

By March 31, 2026, PLI schemes had attracted approximately ₹2.40 lakh crore in actual investment, generating production and sales worth around ₹23.8 lakh crore, with exports valued at around ₹15.2 lakh crore and creating over 14.6 lakh direct and indirect jobs. The electronics manufacturing sector witnessed substantial growth, with production rising from about ₹1.9 lakh crore in 2014-15 to around ₹13.11 lakh crore in 2025-26, while mobile phone production expanded from about ₹18,000 crore to ₹6.27 lakh crore.

The government affirmed that 'Make in India' has bolstered domestic manufacturing capabilities and encouraged investment, innovation, and integration with global supply chains.