What is likely the impact of make in india appeal to foreign investors...
Impact of 'Make in India' Appeal on India's PPC
The 'Make in India' initiative, launched by the Prime Minister of India to attract foreign investors to invest in manufacturing within the country, is likely to have a significant impact on India's PPC (Production Possibility Curve). Here are some key points to consider:
Increased Foreign Direct Investment (FDI)
- The appeal to foreign investors through the 'Make in India' campaign is likely to result in increased FDI in the manufacturing sector.
- This influx of foreign capital can lead to the expansion of production capacity, technological advancements, and overall economic growth.
Shift in PPC
- With higher levels of FDI and increased investment in manufacturing, the PPC of India is likely to shift outward.
- This means that the economy will be able to produce more goods and services with the same level of resources, leading to an increase in overall output.
Improved Efficiency and Productivity
- The 'Make in India' initiative aims to improve the ease of doing business in India, which can lead to increased efficiency and productivity in the manufacturing sector.
- This increase in efficiency can lead to a more optimal allocation of resources and a higher level of output on the PPC.
Job Creation and Economic Growth
- By attracting foreign investors and promoting domestic manufacturing, the 'Make in India' campaign can create job opportunities for the Indian population.
- This increase in employment can lead to higher levels of income, consumption, and overall economic growth, pushing the PPC outward.
Overall, the 'Make in India' appeal to foreign investors is likely to have a positive impact on India's PPC by attracting more investment, improving efficiency, creating jobs, and driving economic growth.
What is likely the impact of make in india appeal to foreign investors...
It will shift rightward