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What are the challenges of Make in India?

By IndianMoney , 11 months ago

1. India has about 60% of cultivable land. It can even cause a permanent disruption of arable land and the thrust on manufacturing is said to affect agriculture in a negative manner. 2. It is also believed that the rapid industrialisation can lead to a depletion of natural resources. 3. A fallout of inviting large-scale FDI is that local farmers and small entrepreneurs may not be able to face the competition from international players. 4. The campaign, with all its focus on manufacturing, can cause pollution and environmental side-effects. 5. There are serious lacunae in the physical infrastructure facilities in the country and for the campaign to be successful. It is necessary to build up the infrastructure available in the country and reduce problems like corruption at the lowest levels. 6. India can take lessons from China, which has dramatically improved its share of global manufacturing from 2.6% in the 1990s to 24.9% in 2013. China rapidly developed its physical infrastructure like railways, roadways, airports, power etc.

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