Why it is in the news
25 September 2026 marks 12 years since the Make in India campaign was launched. An analysis of 12 metrics covering growth, investment, employment and exports finds that manufacturing has not materially raised its share of India’s growth, jobs or global exports. Gains from the Production Linked Incentive (PLI) schemes are real but concentrated in a handful of sectors.
The exam angle
Thesis: Make in India improved the investment climate and built pockets of scale, but after 12 years manufacturing’s share of output, exports and jobs is roughly unchanged.