The government has launched the 'Make in India' initiative which aims to promote India as an investment destination to make India a global hub for production, design and innovation. Under the initiative, the government intends to provide strong infrastructure to businesses through the development of various facilities and institutions. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get Original Essay Achievements of Make in India: Simplification of existing regulations through ease of doing business has reduced various licensing requirements and bureaucratic formalities, resulting in simplification of regulatory work. India has attracted investments worth $18 billion from companies that see the country as a potential manufacturing hub. Various tech giants such as LH Aviation and Hyundai Heavy Industries have collaborated with Indian partners to develop drones and naval vessels in the country. economic growth in the country through increasing levels of GDP. Shortcomings Although Brand India is the government's flagship project, it has not yielded the desired results as: The unemployment situation in the country still remains the same. Higher prices of products along with more profits to multinationals for setting up factories in India. The industrial production index has decreased steadily over the months. The national territory still remains untouched by critical sector development areas, as no Indian company is involved in nuclear power projects and aerospace development. The way forward :Team India, comprising the center and states, should break political barriers and advocate for a uniform development agenda across the country, a policy of favoritism should be ruled out. The focus should be on developing sectors that are seen as engines of growth in the country. the economy and then transfer the dividends to other sectors. India was ranked 132 in the World Bank's Doing business 2015 report and in 2017 it was ranked 130, which shows India's progress, though it may be at a snail's pace, but it has grasped the momentum needed to revive further the Indian growth story. Make in India was launched by the government to boost investment in the Indian manufacturing sector. The rating agency Moody's praised the success of the initiative. Its key findings are: Increase in FDI inflows Projection of India as an optimal investment destination - UNCTAD's World Investment Report (WIR) 2015 has ranked India as the third largest potential host economy for the period 2015-2017 Infrastructure development - Development of industrial zone, industrial corridors Increase in industrial production due to increased investments Acquisition of critical technologies especially in the defense sector Despite the success, there have been some obstacles to its actual implementation: Investments in the manufacturing sector are still low The Job creation has been slow as most investments are in the service sector which requires skilled professionals. Regulatory and labor reforms are yet to be undertaken which has narrowed the space for investment. Domestic potential in industrial technology sectors has not yet been realized. for example BrahMos, although labeled Make in India, is mainly based on Russian technology. The way forward Legislative and labor reforms Incentivize investments in currently ignored but important sectors such as food processing, etc. Encourage states to develop their own policies