Last Updated: 6 Oct 2023

September 2014: Prime Minister Modi launched Make in India initiative, devised to transform India into a global design and manufacturing hub^[1]

TARGET: raising the contribution of the manufacturing sector to 25% of the GDP by 2020^[1:1][2]

¶ Result^[3]

India dropped from 15% in 2014 to 13% in 2022
Bangladesh jumped from 17% in 2014 to 22% in 2022

References:

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1. https://www.makeinindia.com/about ↩︎ ↩︎

2. https://web.archive.org/web/20230716141419/https://www.niti.gov.in/sites/default/files/2019-01/Strategy_for_New_India_2.pdf (Chapter 4) ↩︎

3. https://data.worldbank.org/indicator/NV.IND.MANF.ZS?end=2022&locations=IN-BD&start=2010 ↩︎