International Journal of Financial Management and Economics
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E-ISSN: 2617-9229|P-ISSN: 2617-9210
International Journal of Financial Management and Economics
Printed Journal   |   Refereed Journal   |   Peer Reviewed Journal
Vol. 6, Issue 1 (2023)

Evaluating the level of knowledge and influence of the 'Make in India' campaign on the manufacturing industry in Uttar Pradesh


Neeraj Singh and Ram Milan

In 2014, the Make in India campaign was launched to showcase India as a worldwide manufacturing hub and to attract foreign investment. This study aimed to explore the perceptions of respondents from Uttar Pradesh towards the Make in India initiative. The results of the survey indicate that the initiative has positively impacted the Indian economy by boosting job creation and technology advancement. Most respondents believe that the Make in India initiative has created new job opportunities in the manufacturing sector. The major challenges faced by the manufacturing sector in Uttar Pradesh were identified as low labor productivity, high transportation costs, and inefficient inventory management. Respondents believed that the Make in India initiative was very important for the development of Uttar Pradesh and had the potential to make India a global manufacturing hub. Furthermore, most respondents recommended the Make in India initiative to anyone looking to start a business in the manufacturing sector. Suggestions for improving the initiative included increasing its reach in rural areas, providing proper guidance and training programs for units, regular monitoring of startups, and easing the availability of financial resources. Overall, the Make in India initiative has received positive responses from the respondents in Uttar Pradesh, and its potential for India's economic growth and development is significant.
Pages : 206-212 | 415 Views | 217 Downloads


International Journal of Financial Management and Economics
How to cite this article:
Neeraj Singh, Ram Milan. Evaluating the level of knowledge and influence of the 'Make in India' campaign on the manufacturing industry in Uttar Pradesh. Int J Finance Manage Econ 2023;6(1):206-212. DOI: 10.33545/26179210.2023.v6.i1.197
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