• Ekta
• Vijay Kumar

Make in India started by Prime Minister Narendra Modi on 24/09/2014. This is considered as a form of indigenous movement by the Government of India so that Indian companies can be encouraged to produce goods and services. In India, domestic and foreign investment can be encouraged to manufacture. In the current era, FDI’s can invest 74% in the space industry, 49% in defense industry, 26% in media and 100% allowed in all other sectors of India. According to 1991's reform, FDI’s could invest 0% in the Railways but after the implementation of Make in India, FDI’s were allowed 100% in the Railways. After the implementation of Make in India, Individual states of India have also started their local initiatives like Make in India. These states are Orissa, Vibrate Gujarat, Happening Haryana and Magnetic Maharashtra. Its main objective is to create jobs in the field of economic development and to make skilled labor. Due to rapidly growing global competition, the manufacturers of goods and services in the world have provided market opportunities for cheaper loans, labor, and good sources of raw materials. Focusing on unemployment and poverty, to promote trade and economy and to make the entire development of India and its citizens. FDI has been significantly focused on make in India. Economic development of the global economy, along with foreign investment, the country's growing skills, the main two factors of technological development are - (1) Export (2) FDI. Foreign investment can often be done in three ways – FDI, Disinvestment and Portfolio. The most important contribution of India's economic development is FDI which is used to help in the manufacturing sector of the country. The fast pace of foreign investors in India started primarily after the economic reforms of 1991. People of the world used all foreign countries to accelerate their economic growth. FDI (Foreign Direct Investment) have made investments in Indian companies' debt, equity and bonds. In India, there was a tremendous surge in FDI investments in the year of "Make in India". In year 2015, India's FDI investment was 4.06 lakh crores (US$ 63 billion) which was more than China.

FDI, Make in India, Technology Development, Foreign Exchange

"Foreign Investment Contribution in India and Role of Make in India", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 2, page no.208-213, February 2018, Available :http://www.jetir.org/papers/JETIR1701073.pdf

"Foreign Investment Contribution in India and Role of Make in India", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 2, page no. pp208-213, February 2018, Available at : http://www.jetir.org/papers/JETIR1701073.pdf