Part 7/9:
While it's tempting to blame the failures of "Make in India" solely on the current government’s administration, the reality is more complex. The campaign's poor outcomes are indicative of systemic issues that have plagued India for decades. The labyrinthine bureaucratic processes make establishing a business in India a daunting task, with inefficiencies contributing further to the manufacturing slowdown.
Furthermore, stringent environmental regulations that are meant to protect natural resources often evolve into bottlenecks, delaying critical infrastructure projects—exemplified by the drawn-out timeline of the Delhi Metro project. Similarly, acquiring land for industrial projects can take years, effectively crippling initiatives before they can take off.