EduInvesting.in | May 13, 2025 – 10-Year Anniversary Special
Back in 2014, the Indian government launched a campaign with the roar of a lion and the swagger of a TED Talk:
“Make in India” — an initiative to turn India into the world’s manufacturing factory (without becoming China 2.0).
Ten years later, it’s time to check:
Did we Make in India or just Market in India?
Spoiler: It’s a mixed bag of FDI, defence contracts, and dust-covered land acquisition files.
🎯 Original Mission (a.k.a. The Grand Pitch)
“Let’s create 100 million jobs, increase manufacturing’s share of GDP to 25%, and become a $5 trillion economy while we’re at it.”
Here’s what the lion promised:
- 🏭 Manufacturing GDP to grow to 25% of total GDP
- 👷 100 million jobs by 2022 (now 2025, then maybe 2030, eventually… never?)
- 🌏 Global manufacturing hub status
- 💼 Ease of Doing Business rankings boost
- 🌱 Eco-friendly & sustainable industrial growth
📉 The Reality Check – 10 Years On
| Goal | Status 🧾 | EduComment 💬 |
|---|---|---|
| 100M Manufacturing Jobs | ❌ Fell well short | “Even Flipkart delivery boys are unsure.” |
| 25% of GDP from Mfg | ❌ Still hovering ~16% | “It rose like PSU stocks. Briefly. Then fell.” |
| FDI Inflows | ✅ Strong in key sectors | “Koreans came. Foxconn came. Most stayed!” |
| Ease of Biz Rankings | ✅ Up massively since 2014 | “Form-filing now 4x faster, bribes 2x more digital.” |
🧠 Sectors That Actually Benefited
🔫 Defence
Thanks to import bans and local sourcing, firms like HAL and Bharat Dynamics got contracts thicker than DRDO manuals.
BrahMos plant in Lucknow? ✅
DRDO-to-stock market pipeline? Now real.
🚘 Automotive & EVs
Players like Tata Motors, Kia, and Mahindra have made India a serious auto exporter.
Even Tesla flirted — until bureaucracy flirted back.
🧩 Read: Tata Motors stock up 170% from lows – multibagger incoming?
🚀 Space & Electronics
India’s space startups now build satellites in Karnataka’s upcoming Space Tech Park.
Even your smartphone chip might soon read: “Designed in Hyderabad. Assembled in Tirupati.”
🧵 MSME + ODOP Scheme
Uttar Pradesh’s One District One Product (ODOP) gave a facelift to local artisans.
From Bhadohi carpets to Moradabad brass, rural India finally got QR codes.
🤦 The Misses – Where The Lion Slept
- Land acquisition = bureaucratic blackhole
- Skill development = too slow for automation
- Global competition = Vietnam said “Hold my pho.”
- Labour reforms = still stuck between Parliament and protest
📊 Graph We’d Show If We Were Fancy
But since we’re funny, here’s a visual recap:
makefileCopyEdit2014: 🦁 “India will be the next China.”
2016: 🏗️ “FDI is pouring in.”
2020: 🦠 “Pandemic ruined the party.”
2022: 🤖 “Automation took your job.”
2025: 🙃 “Jobless but make in India ke t-shirts still available.”
🔗 Interlink These to Existing Edu Posts
- Bharat Electronics FY25 results – Defence stocks firing up
- HAL stock rally explained – Why defence is the new FMCG
- Tata Motors stock up 170% from lows – Is it the next multibagger?
- India vs Vietnam: Why factories are still choosing Saigon over Surat
📦 EduInvestor Takeaway
“Make in India is like your New Year resolution: bold, ambitious, and only half-executed.”
Still, it did push India’s defence, EV, and electronics playbooks forward.
The challenge now? Turning hype into output — and lions into job creators.
