make in india

Make in India

Author- Dharmesh Pardeshi

Make in India

1) Stakeholders’ Association Extension Memory Model.A way of thinking about brand building of Make in India

The purpose of the paper is to evaluate Make in India brand building by using the associative network memory model approach of stakeholders. It analyses 73 newspaper articles published in 2015-2016 to identify Make in India brand associations. The study found that Make in India has positive associations such as opportunity, growth, technology, future and two negative associations such as constraint, uncertainty and challenge. It concludes that there is a consistent and unambiguous message in the brand which has resulted in positive and negative brand associations. It recommends a holistic and integrated brand strategy to establish Make in India as a unique and quality brand.

                                                                                    

2) ‘Make in India’ policy: Strategy.War game scenarios to build India global manufacturing facility

This paper describes four possible options for India’s “Make in India” manufacturing program through the lens of war games. Scenario I (‘projection’) focuses on lower productivity and productivity to attract investment in developing countries. The second condition (‘mileage’) favours choice by recognizing that no state can do everything. The third issue (‘gearing’) focuses on basic performance efficiency without compromising its quality. The fourth scenario (‘priority’) refers to the selection of a specific manufacturing facility for new, next-generation products. The scenarios are aimed at different futures and positions for Make in India, without adopting any specific strategy.

 

3) Learning from China: Addressing Make in India Problems through Responsible Business Practices

The article discusses the “Make in India” initiative of the Government of India aimed at boosting manufacturing and turning India into an industrial hub. It compares India’s aspirations with China’s experience as a “world’s factory” but notes that China’s rapid growth has come at a high environmental cost. The paper analyses some of the environmental challenges resulting from increased manufacturing under “Make in India”, such as increased air and water pollution, based on lessons learned from China on. It proposes responsible business behaviour models for companies to mitigate these problems through compliance, corporate governance, ethics and stakeholder responsibility. The government also needs policies for sustainability, green technology and pollution prevention.

 

4)E-Commerce: Its Expansion, Marketing & PRODUCTS FROM MAKE-IN-INDIA

The book discusses the development of e-commerce in India and examines the financial performance of three Indian companies (A Ltd, B Ltd, C Ltd) operating online. It finds that e-commerce in India has grown significantly but still represents a fraction of the overall retail market. Factors such as increased internet penetration and smartphone penetration are driving growth. The statistical analysis shows a strong relationship between total revenue and profitability of A Ltd and B Ltd, indicating that revenue plays an important role in profitability. Meanwhile, C Ltd shows a weak relationship, indicating that non-core performance significantly affects profitability. All three sectors are forecast to grow in sales during 2016-2020. However, rising costs are a concern for A Ltd and B Ltd. Key challenges for the project have been identified as high cost of customer acquisition, underdeveloped export

 

5)The role of STI underpinning China’s manufacturing push Lessons learned from India’s Make in India initiative

This book discusses the role of Science, Technology and Innovation (STI) in supporting Chinese manufacturing and the lessons this has for India’s “Make in India” initiative. Examines how China transformed its STI system to facilitate production through policy, policy, and infrastructure improvements such as science and technology parks Measures such as R&D funding, reorganization of research institutes, research trade, human resource development, and reform universities contributed to China’s success. India is lagging behind in manufacturing and is looking at a “Make in India” strategy to boost the sector, but needs a strong innovation ecosystem for long-term sustainability. Strengthening users, support systems, and continued research-driven initiatives can help reveal aspects of the Chinese model.

 

6)Make in India, especially for India

The document discusses India’s economic outlook and policies in the context of slower global growth. It notes that export-led growth will be more difficult for India due to weak demand from industrialized nations. It advocates a “Make in India” policy focusing on improving domestic productivity and competitiveness rather than subsidies or tariffs. Domestically-led growth is challenging to manage without excesses, so economic institutions need strengthening. Financial stability is also important to ensure sustainable growth. India needs open global trade and a fair international system as it imports critical resources. Promoting regional demand and developing its own policy ideas can help maintain openness.

 

7)Innovation in education to promote entrepreneurship- Few casselets available

The document discusses innovations in the education sector that can foster entrepreneurship in India. It analyses case studies of innovations from two phases – phase 1 covers 1990-2020 from the CIPS website, and phase 2 covers 2017-2022 identified through Google search. The innovations are categorized under 5 categories (child education, technology in education, policy, innovation schools, space technology applications) and 21 sub-categories. 35 recent case studies from phase 2 corresponding to 14 sub-categories are recommended for validation and preparing business models to encourage entrepreneurship. The study aims to provide opportunities for students to develop entrepreneurial skills in line with goals of India’s National Education Policy 2020.

 

 

8)Digital Payments Threats and Risks Perception: Exploratory research IN The Northwest

The objective of the study is to investigate the risks and risks associated with digital payments in villages of Meerut district in western Uttar Pradesh, India. It identifies key threats such as lack of knowledge, procrastination, and smartphone unavailability through a literature review. Primary data was collected from 100 respondents through a questionnaire. Statistical analyses were conducted using correlation and regression through SPSS to examine the relationship between overall risk perception and personal threat. The results show that villagers rely on digital payments but lack complete knowledge. Youth and literacy use it the most. Ignorance was the most important risk factor while money preference had the most negative effect. The study provides valuable insights but has limitations in terms of small sample sizes and generalizability.

 

9)Business Development Campaigns & Their Impact on Indian Entrepreneurship: Discussion and Evidence

This study examines the impact of international trade and India’s “Make in India” campaign on firm performance and labour output in India. The authors use plant-level data and economic techniques such as panel statistics and difference-in-differences to analyse impacts. Exports, imports, and foreign investment are found to contribute to firm revenue and efficiency but have a mitigating effect on wages, even if they create jobs. The “Make in India” campaign is found to have a positive but negligible impact on productivity, wages and company revenue. International trade appears to result in a trade-off between increases in productivity and decreases in wages. This campaign helps to compensate for the negative impact of trade on wages, and shows that it is about workers

10)Nurturing creativity to build IndiaGlobal leader in knowledge creation

The book discusses ways to improve India’s performance in knowledge creation and become a global leader in science. It also proposes to improve the education system from primary level, to improve research facilities in university and national laboratories, and to create more mathematicians. It recommends redoubling efforts to promote science, expand jobs and invest more in research

Conclusion-

The collection provides a comprehensive overview of various issues related to India’s “Make in India” initiative, including brand building, strategic planning, environmental challenges, financing internal considerations, e-commerce, education, digital payments and the impact areas of Emphasis on the various aspects , ranging from promoting utility companies to environmental concerns a address and promote innovation. They emphasize the need for an integrated and integrated approach, including responsible business practices, sustainable development and strategic excellence, to move India’s manufacturing sector forward. Furthermore, the insights provided highlight the importance of using science, technology and innovation to ensure long-term growth and global leadership in various sectors, including science and knowledge creation, and for the country internal cooperation and competitiveness have been emphasized. Overall, the papers highlight the challenges and opportunities of the Make in India initiative, providing valuable insights for policy makers, entrepreneurs and stakeholders.

Reference-

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SHARMA S U and LOTWALA R (2024)Learning from China: Mitigating the Problems of Make in India Through Responsible Business Behavior. IUP Journal of Business Strategy, [s. l.], v. 14, n. 4, p. 55–71, 2017. Disponível em: https://research.ebsco.com/linkprocessor/plink?id=e122e6db-3019-36d7-9254-88b8576df22b. Acesso em: 25 fev. 2024.

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