Below:
Isro's GSLV successfully places
NVS-03 satellite into 'designated' orbit
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Made in India – Facts and Figures
In 2014, India heard a new slogan, Made in India. A major national initiative launched by the government of India on 25 September 2014, led by the Prime Minister and managed by the Department for Promotion of Industry and Internal Trade (DPIIT).
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Make in India is a major government initiative launched in 2014 to transform India into a global manufacturing, design, and innovation hub. It aims to boost the economy by encouraging both domestic and foreign companies to manufacture their products within the country. The initiative focuses on 25 core sectors, creating millions of jobs, and upgrading the nation’s infrastructure and skill base. The main push being creating new jobs and becoming a global manufacturing hub.
India set an ambitious goal, with promises to become a global manufacturing hub, attract investment, boost exports and create jobs. 12 years later, what has changed? Has the promise been fulfilled? 12 years later, the facts and figures tell a different story. The data paints a mixed picture. Manufacturing, exports, private investment, FDI, PLI and jobs, see what has actually changed.
Has private investment increased since - Make in India? Privat-sector Gross Fixed Capital Formation (GFCF) will open your eyes. 2014-15 – 23.1%, 2022-23 – 24.6% and 2023-24 – 22.8% (Source: Economic Survey 2025-26, Statistical Appendix, Table1.9, NSO). (NB: Private sector includes household sector).
Make in India – A bigger player in Global Supply Chains? Merchandise Exports have increased since 2014, $253 billion in 2014 to $388 billion in 2025-26. India’s share in Global Merchandise Exports – Despite higher exports, India’s share in global goods exports has increased only marginally. +0.11 percentage point. 1.70% in 2014 to 1.81% in 2024. Exports have grown, but India’s share in global merchandise exports has not seen a dramatic expansion. (Source: Ministry of Commerce and Industry, Govt of India. Annual Report 2025-26 (Merchandise exports; India’s share in global merchandise exports).
Did it create 10 crore jobs? 5.1 crore Manufacturing employment in 2016-17. Government target was 10 crore, additional manufacturing jobs by 2022. And 5.3 crore manufacturing employment in 2025-26. Net increase: +0.2 crore.
Source: CMIE. Directorate
General of Employment and Training, Ministry of Labour and Employment. Note:
Figures are for total persons employed in the manufacturing sector.
Did Make in India achieve its 25% target? 18.1% Manufacturing share of GDP in 2011-12, Target by 2022, 25% of GDP. And in 2024-25, 17.2% Manufacturing share of GDP. (Source: MoSPL, National Accounts Statistics (2011-12 base year series)
12 years of Make in India: PLI drives ₹2.58 lakh crore investment, ₹15.53 lakh crore exports; CII calls for deeper manufacturing
The evolution marks a shift in how India is positioning itself in the global economy. While the size of the domestic market remains a major attraction for companies, CII said manufacturing competitiveness will increasingly depend on India’s ability to combine market scale with technology, talent, infrastructure and capital.
“A large market attracts businesses. A competitive production base creates businesses. A country that can combine both, while developing technology, talent, infrastructure and capital, can shape global value chains,” said R Mukundan, president, CII and managing director & CEO, Tata Chemicals.
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MyPost
Isro's GSLV successfully places NVS-03
satellite into 'designated' orbit
On Friday, the 50-metre-tall GSLV
rocket carrying NVS-03 lifted off at the scheduled time of 11.51 pm from the
second launch pad at Satish Dhawan Space Centre, following a 24-hour countdown.
After a flight of about 18 minutes, which saw the successful performance of all
three stages including the complex cryogenic upper stage, the primary payload
got separated from the launch vehicle and was injected into a Geosynchronous
Transfer Orbit (GTO).
In his address following the success
of the crucial mission, Narayanan said already three satellites, including
NVS-01 are successfully working and now, NVS-03 has restored Position,
Navigation and Timing (PNT) services.
The GSLV mission placed the
second-generation navigation satellite into its designated orbit, restoring
NavIC to 4 operational satellites and strengthening India's indigenous
navigation
India's independent regional
navigation satellite system NavIC was restored to its minimum operational
configuration of four satellites on Friday as Isro successfully launched its
navigation satellite NVS-03, which was placed into the designated injection
orbit by a GSLV rocket.
The second-generation navigation
satellite NVS-03 with indigenous and procured atomic clocks has a wide array of
applications including civilian use like real time tracking of trains,
vehicles, and shipping vessels. Further, the NavIC constellation is an
important component of the 'one nation, one time' project, Isro chief V
Narayanan said after the successful mission launch.
The NVS-03 satellite is all set to
complement three other navigational satellites in operation including the
NVS-01 and it will strengthen infrastructure for a robust IST with the
government recently notifying the Legal Metrology (Indian Standard Time) Rules,
2026. The nation's own satellite navigation system 'NaVIC,' is the Indian
version of GPS, albeit confined to the country and 1,500 km beyond.
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