India Marks 12 Years of Make in India
India marked 12 years of the Make in India initiative on 25 September 2026. The initiative was launched on 25 September 2014 to promote domestic manufacturing, investment, exports, and industrial competitiveness across sectors.
Make in India: Core Features
Make in India is a national initiative linked with manufacturing, services, and investment promotion. It covers 27 sectors, including 15 manufacturing sectors and 12 services sectors. The initiative also connects with the broader policy focus on domestic value addition and global market access.
Foreign Direct Investment and Industrial Output
India recorded its highest-ever annual foreign direct investment inflow of USD 94.53 billion in FY 2025-26. Cumulative FDI between FY 2014-15 and FY 2025-26 reached USD 843 billion. These figures place FDI as a major indicator used in industrial and economic current affairs.
Electronics production rose from about Rs 1.9 lakh crore in FY 2014-15 to an estimated Rs 13.11 lakh crore in FY 2025-26. Mobile phone manufacturing increased from Rs 18,000 crore to Rs 6.27 lakh crore in the same period, and India became the world’s second-largest mobile phone manufacturer by volume.
Production Linked Incentive and Sectoral Growth
The Production Linked Incentive scheme is a central government incentive framework for manufacturing-linked output. As of 31 March 2026, PLI schemes had resulted in actual investments of Rs 2.40 lakh crore, production and sales of Rs 23.8 lakh crore, exports of Rs 15.2 lakh crore, and more than 14.6 lakh direct and indirect jobs.
Another update for June 2026 placed PLI-linked investments at Rs 2.58 lakh crore, production and sales at Rs 23.79 lakh crore, and exports at Rs 15.53 lakh crore. Such figures are used in exam preparation for industrial policy, export promotion, and employment-linked manufacturing schemes.
Defence and Pharmaceuticals
Indigenous defence production increased from Rs 46,429 crore in 2014-15 to Rs 1.78 lakh crore in FY 2025-26. The pharmaceutical industry ranked third globally by volume and 11th by value in 2024-25, with an annual turnover of Rs 4,71,898 crore.
Important Facts for Exams
- Make in India was launched on 25 September 2014.
- The initiative covers 27 sectors, including 15 manufacturing sectors and 12 services sectors.
- Production Linked Incentive schemes are linked with investment, output, exports, and job creation.
- India became the world’s second-largest mobile phone manufacturer by volume.
Related Static GK Points
Foreign direct investment is commonly abbreviated as FDI in economics and international business. Production Linked Incentive is often abbreviated as PLI in Indian economic policy.