Leveraging 'Make in India' to Eliminate Regional Disparity: Need and Opportunity Based Framework for Industrial Development

Make in India is certainly a great initiative by newly formed Government in India and the looking at the momentum it has gathered, it seems that it will surely have strong positive impact on Indian economy and overall socio-economic development in India. The aim of the this study is to pin-point regional disparity and other development issues with reference to industrial development and propose a comprehensive framework with positive direction to 'Make in India' mission.The primary focus of the study is signifying 'need and opportunity' based industrial development for 'make in India' mission which aims at balanced economic growth in India. Funnel approach (India>Maharashtra>Dhule District in Maharashtra > Nardana Village in Dhule) is followed to identify issues and challenges with regard to industrial development. The study scans the present status of industrial development, infrastructure development, and regional disparities in different regions in India. Furtheras a part of narrowing down focus, study focuses at in-depth analysis of regional disparity in the state of Maharashtra and also attempts to find out the reasons for it.In continuation with 'Funnel approach' in-depth analysis for a'Dhule' (an underdeveloped District) and One) small area' Nardana' (where an Industrial growth centre is declared) in that district is carried out and findings are noted using SAP-LAP framework. As such, the study intends to propose a strategic development path to actualize 'make in India' built on 'Need and Opportunity Model' applied for one small district and a village in it having potential for industrial growth.