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Entrepreneurial development and make in India

Author: 
Ku. Payal Sharma and Dr. Tapesh Chandra Gupta
Subject Area: 
Social Sciences and Humanities
Abstract: 

India is a country rich in natural resources. Labour is aplenty and skilled Labour is easily available given the high rates of unemployment among the educated class of the country. With Asia developing as the outsourcing hub of the world, India is soon becoming the preferred manufacturing destination of most investors’ across, make in India is the Indian government’s efforts to harness this demand and boost the Indian economy. The Indian economy has been witnessing positive sentiments during the past few months. The macroeconomic indicators have also displayed an encouraging trend in the recent times. However, the situation of the manufacturing sector in India is a cause of concern. At 16% value added to GDP, the sector does not seem representative of its potential which should have been 25%. Make in India will affect the young entrepreneurs in a very positive way, if this program delivers than it will bring an attitudinal change the perception of the world towards India and at the same time encourage and empower entrepreneurs to make in India.

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