Prime Minister Mr. Narendra Modi launched the Make in India initiative on September 25, 2014, with the primary goal of making India a global manufacturing hub, by encouraging both multinational as well as domestic companies to manufacture their products within the country. A lion is shown as emblem of this programme which is not only a part of the India’s national emblem ‘ Ashoka Chakra’, but also the emblem of “Make in India” programme that depicts courage, intelligence and power.

Indian economy has been accorded the name ‘elephant’ by international economists and investors, which is very huge, but slow in movement, that indicates the limitless dynamism of the economy. With a view to shatter this view, the lion was adopted as emblem of the programme. Industrialists were of the view that ‘Make in India’ could become the main factor of lending speed to development of the country. If its policies are implemented properly, then 9 crore employment opportunities will be generated in the next 10 years.

Transformational sector could be the sector of registered manufacturing or services. It is as important to enhance the extensive skills of the economy as to improve conditions for increased population. Manufacturing and services sectors are such sectors, which, if focused upon, could bring about revolutionary changes in the economy. The principles of growth indicate that the evaluation of the transformational sector should be done on the basis of the qualities present in them, and not as a traditional manufacturing service. 

In this way, 5 qualities were identified :

1. High level productivity which could increase income. 

2. Rapid growth rate in productivity on both foreign and domestic fronts. 

3. Capability to attract resources, which could facilitate extension of benefits of economy. 

4. Increasing capacity of non-skill resources present in the country. 

5. Integrating skill-deficient resources with resources of the country.

However, these sectors have not been successful in attracting a large number of skilled workers, due to which the benefits of their dynamism have been limited. In other words, dynamic sectors should be skill-rich, in which India does not have any comparative benefit.