Make in India and Made in China 2025: Vital for both India and China


Make in India' - a signature campaign of Prime Minister Narendra Modi - was launched in late 2014. The objective of the initiative is to transform India into a dynamic global manufacturing hub, and thus radically enhance the prosperity of the Indian people.

 

Just a few months later came an announcement from China's State Council about 'Made in China 2025'- a set of eight policy measures. The objective of this initiative is to re-orient the Chinese manufacturing sector in line with China’s economic structural adjustment program.