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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.

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...

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