Make in India vs Make for India

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91 comments Page 5 of 10.

Divyasree said:   5 years ago
Make in India is not a new concept for us it is initiated in 2014. But due to the current situation of pandemic and the consequences we face today gave boost to this concept, now we are thinking about our strengths. Our manufacturing capability is not up to the mark we require, we totally depending on our neighbouring country for manufacturing and importing products because they are available in cheap and also we became more relay on these products even though they have low quality. From children toys to smartphones everything we buy it's not benefiting our nation or us, this has to be changed and this can be achieved by creating our new opportunities and products, we have to make products in India, manufacturing units must be improved. On the other hand government should encourage and give incentives to those who start manufacturing units and startups. In turn they provide wide range of employment. Make in India and Make for India may lead to carry research and development in various fields as we create our own products and opportunities, we can have sufficient jobs for our young population which make us strong and can thrive in this competitive world.

This can assure our future generations the best quality of products and life.
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Riya said:   5 years ago
According to me, make in India and make for India both are important for our country growth.

Firstly, I explain make in India it is initiated by our prime minister PM Modi in 27 September 2014. Make in India means we make the product in our country and it will be useful for Indian. It increases our economic growth and unemployment. India is a developing country lots of people don't have a job because of it the people from poor family easily get the job. Lots of manufacturing company provide job it also helps to increase our GDP. If we export our product to a foreign country it helps to increase economical growth of our country.

Now, I am talking about making for India it's simply means other countries make their product and selling in our country. It good for us because of it we learn lots of technology and designs they used for that product, but it's not helpful for us. Because we pay more price for purchasing that product, so according to me we learn the different technique we learn from them and implement in our own country it will help to India to make self-dependent.
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Vaishali Sharma said:   6 years ago
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.
(18)

Shailesh Thakur said:   6 years ago
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.
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Niharika.p said:   6 years ago
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.
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Abhirajput said:   6 years ago
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.
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Mangesh said:   6 years ago
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.
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Sopeti ganesh said:   6 years ago
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.
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Vikas said:   6 years ago
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.
(58)

Prakhar said:   6 years ago
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.
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