1、Government of IndiaMinistry of Commerce and IndustryDepartment of CommerceJANUARY 2021Trade is a vital aspect of Indias development strategy and an enabler of the countrys economic competitiveness. The Government has accordingly taken several measures to promote its cause and ease the trading enviro
2、nment by facilitating various infrastructural and functional simplifications for businesses. “Make in India” initiative was launched on September 25, 2014, to facilitate investment, foster innovation, building best in class infrastructure, and makingIndia a hub for manufacturing, design, and innovat
3、ion. The development of a robust manufacturing sector continues to be a key priority of the Indian Government.It was one of the first Vocal for Local initiatives that exposed Indias manufacturing domain to the world. It has the potential to not only take economic growth to a higher trajectory but al
4、so to provide employment to a large pool of Indias young labour force. Since its launch, “Make in India” has made significant achievements.“The objective is making India a bigger and more important part of the global economy, pursuing policies that are effi-cient, competitive and resilient, and bein
5、g self-sustaining and self-generating”. India first in Trade Policy doesnt mean “self-containment”, “isolating away from the world” or being “protectionist”. “When India speaks of becoming self-reliant, it doesnt advocate a self-centred system. In Indias self-reliance; there is a concern for the who
6、le worlds happiness, cooperation and peace”. The exemplary role played by India in the global fight against COVID-19 has been recognized and appreciated widely. India has faced the COVID-19 situation with fortitude and a spirit of self-reliance. It enhanced production capacities of essential drugs a