'India moved from manufacture for India to manufacture for the world': Piyush Goyal on 12 years of 'Make in India'

Economic Times - Sep 25, 2026

India has transitioned from manufacturing primarily for its domestic market to competing in global markets. The Make in India initiative, launched in 2014, aims to boost manufacturing capacity and attract foreign investments. Recent data reveals record foreign direct investment inflows and significant job creation through production incentives. Additionally, the focus will shift towards enhancing India's role in global production and supply chains.

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'India moved from manufacture for India to manufacture for the world': Piyush Goyal on 12 years of 'Make in India'
Sep 25, 2026
'India moved from manufacture for India to manufacture for the world': Piyush Goyal on 12 years of 'Make in India'

India has transitioned from manufacturing primarily for its domestic market to competing in global markets. The Make in India initiative, launched in 2014, aims to boost manufacturing capacity and attract foreign investments. Recent data reveals record foreign direct investment inflows and significant job creation through production incentives. Additionally, the focus will shift towards enhancing India's role in global production and supply chains.

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India records highest-ever FDI of $94.53 billion in FY26, inflows since 2014 reach $843 billion: Piyush Goyal
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