Make in India vs Make for India

Good evening everyone.

So now you all are aware of Make in India and Make for India.

We are living in a globalized era. so in my opinion, Make for India will not give India any constructive results its shows that somewhere we are inward-looking further we can make for our country and also for other weaker and under developing countries through which it will also help India to boost its diplomatic relation with those countries.

As India is an aspiring power in the world many countries feel attracted to invest in India and thus it leads to Make in India, which in turn helped Indians to gain knowledge, skills and techniques of various other countries and the major problems of India "unemployment" can be solved to some extent.

So, in my view, Make for India is a SUBSET of Make in India and both are interlinked as we can learn skills which can be in future implemented for ours need also.

Thank you.

Hello guys!

In make in India, the product is manufactured inside the country's border. There is a huge gain from it like an increase in export and fulfilling the requirements of the country's people. It increases the skill and develops the brain of the people in the country. It leads to an increase in employment in the country and helps the country's people earn money. Make for India helps manufacture products for India but the manufacturer can be any country. It may lead to an increase in import which is a harm to the country's currency. These days many countries like China, Vietnam, Germany, etc manufacture products for India which has a large sale in today's Indian market. These sales increase imports and harms India's currency. Make for India should be linked with Make in India so that there would be more exports than imports and the country's currency would become fine.

The choice between "Make in India" and "Make for India" is not mutually exclusive. An integrated approach can be more beneficial. Encouraging manufacturing within India while focusing on products tailored for the Indian market can harness the advantages of both strategies.

Skill Development: Invest in education and vocational training to equip the workforce with the necessary skills.

Ease of Doing Business: Simplify regulations and reduce bureaucratic hurdles to attract investment.

Infrastructure Investment: Improve infrastructure to support manufacturing and distribution.

Innovation and R&D: Encourage research and development to foster innovation in product design and manufacturing processes tailored to Indian needs.
Balancing these strategies can help India achieve sustainable economic growth and improve the quality of life for its citizens.

Make in India is the initiative started by the government on 25th September 2014 to encourage the companies to manufacture their products in India. In simple way, it aims to make India a "MANUFACTURER HUB" at the global level.

And make for India is not so good as you are looking for India as a market. Thats is not good for the Indian economy as well as the goods which are provided by Indian people, which is used as a raw material in the industries.

Consider the scenario if all the countries will start to place their market in India for selling their products than what will be the situation of Indian products? All our home made small businesses will be dead and the other Indian companies will get so much loss.

And as the result of this 5 years period MAKE IN INDIA is a great initiative and helps a lot to boost up the Indian economy and GDP too.

Make in India and Make for India both are different from each other. My point of view is this if any Indian develop own industry or any trade in India then we have only two way first we can use the product in India and also export the gradients. Then GDP of nation will be grow. If nation extent the business then GDP will be grow that is important for India and also those countries who are in developing situation. So another aspect of this if any country extends their business in India then they don't think about Indian GDP they will be growing their GDP. It is important for any country import and export because these two factors play very important role in growing GDP. Make for Indian increases relation between both countries and also introduce new technology between each other. It's also important but it don't play a major role.

Make in India, make for India, the proposition of in means Indian product for means foreign product respectively.

Consideration on this we have to analyze market need, and market needs variety and option, fortunately, India is a big market it needs self-assistance, self-reliance, on macro and micro level. For the equivalent competition in the global village, India should be in share with an international market with balancing international relation. It's up to us we have to give conscience on motherland product since making in India is not the solution we have to encourage and its needs participation in actual we lack in some aspect these can be fixed by connecting of our home product.

Overall, make in India needs behavioural modification that Indian has the capability of behaviour, mastership, science and quality.

MY NAME IS SARWAR KHAN.

This is very important topic "make in India " program was launched in Sep 2014 to transfer India into a manufacturing Hub. With the launch of this program rules and policies are simplified, now it is much easier to start a company in India. That means Red Tapisim is reduced.

It attracted FDI (FOREIGN DIRECT INVESTMENT).

It created New Employment opportunities.

There is a boom of startups in India after launching this program.

DRAWBACKS:

There is a shortage of skilled manpower.

Workers in India's manufacturing companies are getting very low wages.

CONCLUSION.

MII is a success in creating a favourable environment for manufacturing companies. Its effect on Indian economy is clearing visible but there are some drawbacks that need to be taken care of.

Thank you.

Well, I support the Make in India campaign because as we all know that GDP hasn't done very well in recent quarters and there are many possible reasons behind it. It could be the pandemic or other preexisting reasons like unemployment, illiteracy and poverty (which are yet to be curbed).

Our country is depending on other countries for basic amenities like oil and other Chinese products which in sorta way promise to make our lives easier, those products are obviously attractive and they have demand in the Indian market, so why not try and make the same or more preferably new products which are better than them. This will boost the Indian economy in terms of GDP and many other aspects. Innovation creates employment which will eventually reduce poverty, hence its a win-win game for India.

Hello everyone.

First of all, what is the difference between making in India and make for India.

So make in India is the initiative taken by the government in which it encourages to other countries to come in India and make their products in India.

And make for India is we are depending on other countries to make a product for our India.

So these are the basic difference between these. The make in India is a good initiative taken by the government because now we can compare our India with other countries.

Earlier doing business in India was quite difficult but after the launched of made in India, it becomes easier to start a business in India. So according to make in India is much good as compare to make for India.

Thank you.

In my view, both are important. Make in India is an initiative by our PM in 2014. It aims at making the India as a manufacturing hub. It has many benefits as the industries are set up at India and all the employees are Indians and no one else. It gradually increases employment and enhances the skills and knowledge of Indian people. Many Indian people flee to foreign countries to set up a business. Through this initiative, people set up their industries in India itself making India an independent country. Make for India means foreign countries set up their industries in India and make India as a market to sell their products. As our needs are wide we need to depend on those products too.

But making the balance of payments.