
Union Minister Piyush Goyal, reflecting on 10 years of the "Make in India" initiative, highlighted the transformation from the "lost decade" of 2004-2014, marked by economic stagnation and corruption, to the robust growth seen under PM Modi’s leadership since 2014. He emphasized strengthened macroeconomic fundamentals, initiatives like "Startup India" and "One District, One Product," the creation of industrial smart cities, and improved ease of doing business. Goyal credited these efforts for making India a global manufacturing hub, attracting international investment, and fostering innovation through private-sector partnerships.