Question : Which government initiative aims to transform India into a global manufacturing hub?
Option 1: Stand Up India
Option 2: Make in India
Option 3: Atal Innovation Mission
Option 4: Digital India
Correct Answer:
Make in India
Solution : The correct answer is (b) Make in India.
Make in India is a government initiative launched in 2014 with the goal of transforming India into a global manufacturing hub. The initiative aims to promote India as an attractive investment destination for domestic and foreign companies in the manufacturing sector. Make in India encourages both domestic and international companies to set up manufacturing units in India, contributing to the growth of various industries such as automobiles, electronics, textiles, pharmaceuticals, and more. The initiative aims to boost manufacturing capabilities, increase productivity, and enhance the overall competitiveness of Indian industries.
By positioning India as a global manufacturing hub, Make in India aims to drive economic growth, create employment opportunities, and contribute to the development of the Indian economy.