The Make in India initiative was launched in:
Show answer & explanation
Correct answer: C
Explanation
Correct Answer:
2014
Explanation:
The Make in India initiative was launched by Prime Minister Narendra Modi on September 25, 2014. The primary objective of this nationwide campaign is to facilitate investment, foster innovation, enhance skill development, protect intellectual property, and build best-in-class manufacturing infrastructure within the country. It aims to transform India into a global design and manufacturing hub by inviting domestic and foreign companies to manufacture their products in India.
Key Points:
The Make in India initiative targets 25 key sectors of the economy, ranging from automobiles and biotechnology to defense manufacturing and renewable energy.
The campaign logo features a striking lion made of gears, symbolizing strength, power, enterprise, and manufacturing.
It represents a major strategic shift in India's economic policy to boost the share of the manufacturing sector in the Gross Domestic Product.
Important Questions and Answers:
Question: On which date was the Make in India initiative officially launched?
Answer: September 25, 2014.
Question: What is the main objective of the Make in India campaign?
Answer: To transform India into a global manufacturing and design hub.