Major achievements under Make in India initiative
Wednesday - December 19, 2018 2:08 pm ,
Category : INDIA
The ‘Make in India’ initiative was launched in 2014 with the objective of promoting India as an important investment destination and a global hub in manufacturing, design and innovation. This initiative aims to create a conducive environment for investment, development of modern and efficient infrastructure, opening up new sectors for foreign investment and forging a partnership between Government and industry through a positive mind set. Some of the major achievements under Make in India initiative are:
• Six industrial corridors are being developed across various regions of the country. Industrial cities will also come up along these corridors.
• India has become a net exporter of electricity - 7203 MU exported to Nepal, Bangladesh and Myanmar during 2017-18.
• One of the world’s largest 648-MW solar power plant in Tamil Nadu was commissioned on September 21, 2016.
• Two path breaking prototype locomotives of WAGC3 & WAG11 class of 10,000 and 12,000 hp respectively were developed indigenously by converting existing diesel locomotive to upgraded electric locomotive.
• Asia’s largest MedTech Zone (AMTZ) has been set up in Andhra Pradesh.
• 88 cold chain projects were commissioned during June 2014 to August 2018, thereby, creating additional food processing capacity of 3.9 lakh tones.
• Three textile mega clusters in Bareilly, Lucknow and Kutch are being set up, thereby benefitting 14505 artisans.
• Major ports in India have added capacity of 92.19 MTPA during FY 2017-18. Total turnaround time at these ports has reduced by 33% from 96 hrs in FY 2014-15 to 64.32 hrs in FY 2017-18.
Initially under Make in India initiative action plans for 25 sectors had been prepared and which after review is now focused on 27 sectors. Department of Industrial Policy & Promotion coordinates action plans for 15 manufacturing sectors while Department of Commerce coordinates 12 service sectors.-Window To News
• Six industrial corridors are being developed across various regions of the country. Industrial cities will also come up along these corridors.
• India has become a net exporter of electricity - 7203 MU exported to Nepal, Bangladesh and Myanmar during 2017-18.
• One of the world’s largest 648-MW solar power plant in Tamil Nadu was commissioned on September 21, 2016.
• Two path breaking prototype locomotives of WAGC3 & WAG11 class of 10,000 and 12,000 hp respectively were developed indigenously by converting existing diesel locomotive to upgraded electric locomotive.
• Asia’s largest MedTech Zone (AMTZ) has been set up in Andhra Pradesh.
• 88 cold chain projects were commissioned during June 2014 to August 2018, thereby, creating additional food processing capacity of 3.9 lakh tones.
• Three textile mega clusters in Bareilly, Lucknow and Kutch are being set up, thereby benefitting 14505 artisans.
• Major ports in India have added capacity of 92.19 MTPA during FY 2017-18. Total turnaround time at these ports has reduced by 33% from 96 hrs in FY 2014-15 to 64.32 hrs in FY 2017-18.
Initially under Make in India initiative action plans for 25 sectors had been prepared and which after review is now focused on 27 sectors. Department of Industrial Policy & Promotion coordinates action plans for 15 manufacturing sectors while Department of Commerce coordinates 12 service sectors.-Window To News