Analysis Of Make In India

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Make in India is an initial of the Government of India, to encourage companies to manufacture their product in India. Make in India Scheme was launched by our Prime Minister Narendra Modi on Sep 25, 2014. The construction companies of India is a important sign of the development of India and it also creates investment opportunities across various fields. The concept of Make in India focuses on various fields in the country and construction is one of them. The following is the summary of the five year plan: SUMMARY OF THE MAKE IN INDIA INITIATIVE IN INFRASTRUCTURE SECTOR: As a part of 12th five year plan (2012-2017), expected investment of 1000 billion $ is to be occure in this field for the development of infrastructure in both urban and…show more content…
In the past 30 years the share of output and employment from manufacture in India had hardly changed. When comparing share of output with aggregate services it has rose dramatically over the last 30 years. From about 35% to more than 50% of the GDP. Nearly half of the indian labour force over the period of 2011-30 will be in the age group of 30-49. Around 50% of the demand comes from infrastructure sector for the construction activities in India and rest comes from the industrial activities, commercial development etc. Total valuation of construction industry is over USD 126 Billion. Indian cities mostly contributed to Indian GDP. As per the survey mid term appraisal in 2012 of the urban sector was 62% - 63% of the GDP in the year 2009 - 2010. Which was further projected to increase by 70% - 75% in the year 2030. In 2001, around 286 Million people were living in urban areas across whole India. It turned to be the second largest urban population country in the world. According to the Indian Census - 2011, the urban population had increased to 377 Million, therefore there is a growth of around 32%. As per our estimates, by the year 2030 around 590 Million people will live in Indian

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