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economyGovernment of India, at the Make in India launch · 2014-09-25
Redefined (goalposts moved)

Manufacturing 25% Wala Target Kahan Hai?

Make in India would raise manufacturing's share of GDP from about 16% to 25% by 2022, creating 10 crore new manufacturing jobs along the way.

Manufacturing's share of GDP has stayed roughly flat since 2014: around 17–18%, peaking near 18.5% in 2021–22 and dipping to 16.9% the following year. That's nowhere close to 25%. In the decade since launch, the share rose by only about 2.7 percentage points total, and the government's own target date was pushed from 2022 to 2025.

A decade of “Make in India” moved the manufacturing share of GDP by less than 3 points. At that pace, 25% arrives sometime after most of us retire.

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