Make for India (or) Make in India!
Grammatically it is just a preposition that is the difference - 'For' or 'In'. Would it make a difference? Lets understand it from economic stand point of view. Way back in 2014 when Raghuram Rajan was Indian RBI governor, he suggested that ' Make For India ' would be a better strategy for India rather than the PM Narendra Modi's 'Make In India'. Primarily this was because India has a high domestic consumption and demand driven due to its demographic advantage (average age of Indian population being around 28 years). It is obvious that India does not want to become another China whose economy is driven by huge exports and investments. The proportion at which Chinese companies production to consumption is way too much and this leads to export driven economy. On a contrast, Indian economy is driven by its domestic consumption. 'Make In India' approach might lead India to follow the foot steps of China by exporting the surplus...