Make in India
India has very cheap labor so you might save some costs on that front. However there are many deep-rooted infrastructure issues that need to be overcome:Industries need un-innterupted power. There are massive power shortages already.Mass production requires good road & rail connectivity - the state of roadways in India is patheticFreedom to hire (and fire) people - 1950s era socialist labor laws are abundant in IndiaPervasive cancerous corruption at every conceivable levelWhile a laudable concept & initiative by the Modi govt. - first he needs to fix a few things in the country