M. Singh
D. Garg
S. Luthra
Abstract
The purpose of this paper is to identify, categorize and rank the various Challenges to Make in India campaign and identify the need of Industry 4.0 for Make in India campaign. Political, Economic, Social, Technological, Legal and Environmental (PESTLE) analysis for categorization and Analytical Hierarchy process (AHP) for ranking of the challenges is used in this paper. Twenty two challenges are identified for Make in India campaign and there ranking is done to prioritize these challenges. To help in removing the challenges ahead of Make in India campaign and how the advancement can be done in the manufacturing sector with the help of Industry 4.0.Objectives of the Make in India campaign can be achieved like to have Best in Class manufacturing infrastructure, GDP growth of manufacturing sector up to 25% by 2022 and making India again World fastest growing economy.
Keywords- Political, Economic, Social, Technological, Legal and Environmental (PESTLE), Analytical Hierarchy Process (AHP), Gross Domestic Production (GDP), Brazil, Russia, India, China and South Africa (BRICS).