Make in India campaign misses its targets

Challenges in entrenched bureaucratic behaviour and the remnants of an old economic system are among the things that are getting in the way.

A defence ministry presentation has identified long delays in procurement, blaming it on a disjointed approach and lack of planning. Acquisitions under the Buy and Make in India category still take the longest to become productive.

PHOTO: AFP

THE "Make in India" campaign aims to sharply boost the share of manufacturing in India's gross domestic product (GDP), and to simultaneously generate mass scale employment for a booming young population. The goals, however, appear to be over-ambitious.

The campaign is nowhere near target