Stories
Make in India: 12 Years of Transforming Manufacturing, Investment, and Exports
N
News18•25-09-2026, 15:07
Make in India: 12 Years of Transforming Manufacturing, Investment, and Exports
- •Launched on September 25, 2014, Make in India aims to make the country a global hub for manufacturing, design, and innovation.
- •Prime Minister Narendra Modi highlighted its impact on domestic production, investment, and exports, noting a transformation across sectors.
- •Mobile phone production surged 32 times, making India the world's second-largest manufacturer by volume, with the wider electronics sector growing sevenfold.
- •Automobile production increased by 33% since 2014-15, and the pharmaceutical industry's annual turnover reached ’5.09 lakh crore.
- •Indigenous defence production rose by 283%, and solar module manufacturing capacity expanded from 2.3 GW to 192 GW.
Key Questions Answered
Mobile phone production in India has surged from approximately Rs 18,900 crore in 2014-15 to around Rs 6.3 lakh crore in 2025-26, marking a 32-fold increase.
Key measures include Semicon 2.0 with an allocation of Rs 1.27 lakh crore approved in July 2026, a Rs 62,500 crore Mobile Phone Manufacturing Scheme, and the BHAVYA scheme for industrial parks and chemical parks.
The value of indigenous defence production reached a record Rs 1.78 lakh crore in 2025-26, which represents an increase of around 283 percent compared to 2014-15 levels.
