Open AccessMake in India and Sustainable Industrial Development
Author(s) -
Naib Singh
Publication year - 2016
Publication title -
journal of advance research in business, management and accounting
Language(s) - English
Resource type - Journals
ISSN - 2456-3544
DOI - 10.53555/nnbma.v2i2.103
Subject(s) - position (finance) , sustainable development , indigenous , developing country , gross domestic product , business , secondary sector of the economy , industrial policy , economic growth , economics , development economics , economy , international trade , political science , finance , ecology , law , biology
Indian economy is attaining the development at very rapid rate. India has the position as one of the fastest developing nation with higher Gross Domestic Products (GDP). Industries of India are contributing towards the GDP up to 28 percent. Industrial Policy is the main factor for the rapid development of the economy. Developing countries require any definite industrial supportive measure for combating many evils which are affecting the development adversely. For the sustainable development of the industrial sector we have to maintain as well as increase this share by adopting the supportive measures like ‘Make in India’. This Campaign will help the industrialists to think of ways by which indigenous products will not only fulfill the domestic demand but also give the boost to exports.