 |
| Details |
Case Code: CLECO003
|
| Case Length: 7 pages |
| Period: - |
| Pub Date: 2016 |
| Teaching Note: Not Available |
| Subject : Economics |
| Price:Rs.100 |
| Organization :Government of India |
| Industry : Manufacturing |
| Countries : - |
|
|
|
|
India of the Future: Global Manufacturing Hub or Global Innovation Hub? |
|
|
|
|
|
|
| This case discusses the ‘Make in India’ initiative announced by the Prime Minister of India, Narendra Modi (Modi), in September 2014. The initiative aimed to make India a global manufacturing hub encouraging domestic companies as well as Multinational Corporations (MNCs) to manufacture their products in India. While this initiative aimed to give India global recognition, it also sought to create employment opportunities for India’s youth. With the Make in India initiative, the government of India (GoI) aimed to transform India — a nation comprising farmers, IT professionals, and call center employees — into a manufacturing hub. The GoI pledged to train around 500 million people in manufacturing by 2022. In the past, several challenges had inhibited the GoI from growing India’s manufacturing sector. Some of these were lack of trained labor, stringent labor laws, and lack of infrastructure. Unlike China, which had flexible labor laws, India’s labor laws were restrictive, hurting investments in the manufacturing sector...
|
| Buy Now |
| To download this case click on the button below, and select the case from the list of available cases: |
OR
 |
|
|
| |
Issues: |
 |
- Analyze whether the ‘Make in India’ initiative would transform India into a global manufacturing hub
|
|
- Understand the issues and challenges faced by the government of India in transforming India into a global manufacturing powerhouse.
|
|
- Analyze how India should choose its policy options – to make the country a manufacturing hub or an innovation hub.
|
|
| Introduction |
In September 2014, the Prime Minister of India, Narendra Modi (Modi), announced the ‘Make in India’ initiative to make India a global manufacturing hub and encourage domestic companies as well as Multinational Corporations (MNCs) to manufacture their products in India. While this initiative aimed to give India global recognition, it also sought to create employment opportunities for India’s youth. With the Make in India initiative, the government of India (GoI) aimed to transform India – a nation comprising farmers, IT professionals, and call center employees – into a manufacturing hub. The GoI pledged to train around 500 million people in manufacturing by 2022.....
|
Keywords |
|
‘Make in India’,Narendra Modi,Global manufacturing hub,Knowledge-driven economy,Innovation ,Start-up culture ,Infrastructure ,Flexible labor laws ,Manufacturing vs Innovation,Policy Initiatives,Risk Taking Culture
* This caselet is intended for use only in class discussions.
** More comprehensive case studies are priced at Rs.200 to Rs.700 (US $5 to US
$16) per copy.
|
|
|
|
