What are the four pillars of Make in India?

By Ritesh|Updated : September 6th, 2022

The 4 pillars of the Make in India initiative are new thinking, new sectors, new infrastructure, and new processes. Therefore, the Make in India initiative aims to support the manufacturing industry and other sectors, and make in India has 25 sector focus.

Four Pillars of Make in India

New Processes:

  • According to "Make in India," the most crucial element for encouraging entrepreneurship is "ease of doing business."
  • Numerous things have already been done to enhance the business climate.
  • The goal is to eliminate licenses and deregulate the sector throughout a company's life cycle.

New Infrastructure:

  • Access to contemporary, helpful infrastructure must be available for the industry to expand. The government plans to create smart cities and industrial corridors to provide cutting-edge infrastructure with recent high-speed connectivity and integrated logistics systems.
  • Existing infrastructure will be strengthened through infrastructure modernization in industrial clusters.

New Sectors:

  • An interactive web platform and professionally made pamphlets disseminate thorough information about the 25 manufacturing, infrastructure, and service sectors that our initiative, "Make in India," has identified.
  • The construction, Railway transportation infrastructure, and defense manufacturing industries all saw significant increases in foreign direct investment.

New thinking:

  • The industry is used to seeing the government as a regulator. "Make in India" wants to change that by bringing about a paradigm shift in how the government interacts with industry.
  • The government will partner with the industry in economic development.
  • It will be an intermediary approach, not a regulator approach.

Summary:

What are the four pillars of Make in India?

The 4 pillars of the Make in India initiative are new thinking, new sectors, new infrastructure, and new processes. It encourages entrepreneurship and modern infrastructure, and more than 25 sectors have been identified, leading to new thinking about bringing change to the country.

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