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Make in India a manufacturing hub campaign: Perception of budding entrepreneurs
Published in Research India Publications
Volume: 10
Issue: 13
Pages: 33881 - 33887
The creation of job in the manufacturing sector will have multiplier effect in creating jobs in medium and small-scale industries downstream, logistics, transportation, customer service and technical support. It has been projected that the make in India campaign could add up to 90 million jobs in next decade. According to a Mckinsey analysis, rising demand in India, with the MNCs' desire to diversify their production to include low-cost plants in countries other than China, could help India's manufacturing sector to grow six-fold by 2025, creating up to 90 million jobs. Over the next decade, the banking sector is projected to create up to two million new jobs, driven by the efforts of the RBI and the government of India to integrate financial services into rural areas. The aim of present government is to improve the standard of living of economically weaker section and eradicate poverty through various new programmes like Make in India a manufacturing hub campaign so that people may have real shift from being economically poor into middle class which will lead to good business opportunities and get more employment opportunities in India. So, the present study examines the perception of budding entrepreneurs towards make in India a manufacturing hub campaign it will really help the people to transform India into a global manufacturing hub and there by generate more employment opportunities for educated youth in India. This study was conducted in Vellore district, Tamil Nadu. © Research India Publications.
About the journal
JournalInternational Journal of Applied Engineering Research
PublisherResearch India Publications