📰 News ⏱ 2 min

Why Is India Building More Factories and Gadgets? 🏭

Make in India started in 2014 to help the country make more things at home.

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Key Points

5 points

Make in India aims to make India stronger by building more factories.

It supports designing, developing, and producing advanced products.

Growth is seen in electronics, automobiles, pharmaceuticals, steel, defence, and renewable energy.

Indian Space Research Organisation built its own microprocessor for rockets.

A single online system now helps companies get many approvals quickly.

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The plan now includes 27 different areas such as electronics, cars, medicines, steel, and space technology.

Phone factories grew a lot – production is about 32 times higher than before.

India is now the world's second biggest maker of mobile phones by number.

Solar panel factories grew from 2.3 gigawatts to 192 gigawatts, helping clean energy.

The government created special money programs called Production Linked Incentive to attract big investments and create jobs.

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4 words

production linked incentive

a government plan that gives money to companies that make more things

industrial ecosystem

all the parts that help factories work together, like roads, power, and skilled workers

microprocessor

a tiny chip that controls electronic devices

gigawatt

a very large amount of electricity

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