Government to launch Make in India version 2.0

Make in India, Prime Minister Narendra Modi government's flagship programme, is going to have its sequel with version 2.0 to be launched soon to give a further impetus to the manufacturing sector in the country.

While the first phase of the Make in India programme intended to ease the processes for businesses, the second part will make it more of a people's movement, on the lines of Swadeshi movement, a report in The Economic Times said.

Make in India 2.0 will boost the manufacturing sector via the initiatives like Digital India, Skill India and soon to be launched Start-up India, the report said. Department of Industrial Policy and Promotion is said to be drawing up the action plan for Start-up India initiative.

On the lines of Japan and Germany, which are known for their top quality of manufacturing, the government will be starting an investor-outreach programme to upgrade the sector and bring the best global practices to India.

A government official said that for India's manufacturing story, it is now or never, as mentioned in the report.

Meanwhile, the government recently launched Make in India Mittelstand programme to boost investments by 30 German countries in India.

Giving the Make in India programme a further push, Modi will be holding a session with the top global CEOs of Ford Motor, IBM, PepsiCo, Du Pont, Merck & Co, Qualcomm and Abbott among others in New York on Thursday (September 24).