Journal Press India^®

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Today Rapidly increasing global competition has provided the manufacturers from across the globe major opportunities of cheap labor, availability of raw material, potential high profit making markets. Focusing and concentrating on the employment generation, safe guarding and sustaining the overall development of India and its citizen, boosting trade and economic growth, 15th Prime minister of India Narendra Modi on September 25, 2014 launched the ambitious “Make in India” campaign which is a new national program designed to facilitate investment (both domestic and foreign) in India, to intensify skill development, fostering innovation, preventing brain drain, generating employment opportunities and making the use of internationally standardized technology which is affordable for Indian citizens. In order to make India a manufacturing and production hub its human resources and financial assistance will play a major role in days to come. Certainly men and money being the two most vital organs of any business demands continous innovation and careful capitalization. An efficient and effectively competitive and motivated human resource and availability of finance in hand for the manufacturing firm determines the survival of a company. The main concern behind this paper is to highlight the importance of the role of HR and financial services in making “Make in India” campaign a huge success and also making India as a manufacturing hub as well as benchmark of prosperity and development. Also the 'Digital India' programme will emerge new progressions in every sector and also generates innovative endeavors for geNext.

Keywords

Financial Services; Employment Generation; Fostering Innovation; Digital India; Benchmark; Markets

List of Websites referred:
1.http://zeenews.india.com/business/news/economy/narendramodis-make-in-india-campaign-five-challenges_109098.html
2.http://firstbiz.firstpost.com/economy/make-in-india-live-fdimeans-first-develop-india-says-pm-modi-101584.html
3. http://timesofindia.indiatimes.com/newsliveblog/43390722.cms
4. http://www.makeinindia.com
5. http://en.wikipedia.org/wiki/Make_In_India
6. https://twitter.com/makeinindia
7. https://www.facebook.com/makeinindiaofficial
8.http://www.livemint.com/Opinion/F5QqV0GErpseshTfKQqd8J/Make-in-India-a-distant-dream.html
9. http://indiatoday.intoday.in/gallery/pm-modi-launches-ambitiousmake-in-india-project/1/12900.htmls
10.http://www.hindustantimes.com/india-news/all-about-modi-smake-in-india-campaign/article1-1268103.aspx
11. http://businesstoday.intoday.in/story/narendra-modi-make-inindia-campaign-september-25-global-business-community/1/210482.htmls
12. http://layamgroup.com/the-make-in-india-campaign-should-bemore-than-just-a-slogan
13.http://www.hks.harvard.edu/mrcbg/CSRI/publications/report_19_EO%20Finance%20Final.pdf
14.http://en.wikipedia.org/wiki/Economic_development_in_India
15.https://www.wiziq.com/tutorial/35535-methods-of-raisingfinance
16.https://www.imf.org/external/pubs/ft/fandd/2011/03/pdf/basics.pdf

Journals/Articles
1. Dr. M. Kabir Hassan, The impact of globalization on the developing countries, Journal of Economic Cooperation Among Islamic Countries, 19, 1-2 (1998) 71-135
2. Indian Entrepreneurs in Import Substitution – Need of the Hour for Indian Economy, Mrs. Kamna Dhawan, AISECT University Journal Vol. II/Issue IV Sep. 2013. ISSN: 2278-4187.
3. R. Bhattacharyya, (2012). The Opportunities and Challenges of FDI in Retail in India, IOSR Journal of Humanities and Social Science, 5(5), pp. 99 – 109
4. Skill development for the youth-A Global Quest, Siddharth Chatturvedhi, AISECT University Journal Vol. II/Issue IV Sep. 2013. ISSN: 2278-4187.