Make in India vs Make for India

Thanks for giving the opportunity.


I think the words if re-arranged, will complement each other - (Make in India) for India!

Here Make in India will be an input (in present) for a stronger and self-reliant India as an Output.

Make in India will generate employment, enhance skills, build process, accelerate the economy and India can emerge stronger. There is a need to join different dots by the government, Institutions, Industries. For participation of all in the economy where the profits are shared by all, which is a shift from the prevailing scene where only the losses are shared by all in terms of defaults and NPA.

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.

Make in India is a great initiative Indian government but as far as I am concerned we need to focus for make for India more than make in India because even now there are hundreds of things for which we are dependent on other countries and we are importing then right from the day of our independence where as we can easily make them here for India exactly this is the reason that somewhere it affects of economy as our import rate is more than export and this thing makes India the biggest market in world and let me tell you that it is not a thing to proud at all.

Hello guys,

In my opinion "make in India" is a very great initiative for the economic growth of our country. The most important reason behind this initiative is that our economy will be a business hub in the future. It will raise the export, maintain the inflation, increase the saving and investment rate etc. The most important thing reduced the capital deficit of the country and maintain the balance of payments by lowering the import. On the other side "make for India" means more domestic consumption of products manufactured in India. In India, oil is one of the products for which we depend on another country. So according to me, our industry leader should concentrate on other business verticals also such as oil, so that the maximum demand of our country will be satisfied by our own which also helps to our balance of payment.

On conclusion, I would say that both the parameters are important to us to achieve future economic growth.

Make I India Vs make for India means will end foreign manufacture to get financial themselves India banks which will work in India's favour.

Hello everyone,

First of all, we have to know what is make in India and make in India policy, and why this policy is made by the government.

The "made in India" Means the products are manufactured in India and they assembled in India only.

The "make in India " means the product is manufactured in other countries but assembly is done in India.

>>The "make in India" is announced in the month of September 2014 by prime minister Modi.

Ambition of make in India policy is:-

1. To increase GDP of India 15% to 25% by the year 2022.
2. To create 100M jobs in India.

Target:-

1. Foreign investors (through FDI policy).
2. To cut down imports.
3. To encourage production.

The "made in India" In India is similar to make in India, main ambition is to increase the GDP of India and to reduce the imports of Non oil imports from other countries and also to improve the employment problem of India which is major factor affected on GDP growth of India.

Thank you.

Hello,

In my opinion, make in India is comparatively better than Made for India. India is a developing country and its population is also increasing. The jobs in India are much lesser than their population. This causes unemployment. So if the products are made in India then of will lead to more jobs. It will also increase the country's GDP and increase its economy. We can also export the product. Make for India shows that our country is not that developed and it need help in every sector whether it is an industry, science, IT or anything. It shows that our country cannot produce its own product.

THANK YOU.

Firstly, I want to say it is wrong to say make for India, it is not good for our country. Yes, make in India is very helpful for our country but make for India is also very important. In some cases, international products are more helpful than the local products and this is the truth, especially in medical field.

Good morning everyone.

First of all, I would like to clarify what is make in India and what is make for India.

At my point of view, make in India means that which products are manufacturing in our country by Indian companies and make for means which products are manufactured by other companies by other countries and seld into India.

And in my opinion, make un India is much better than make for India because in make in India it provides more employment and creating development in our country and our gdp rate is also increased by them.

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.