Atmanirbhar Bharat was introduced in May 2020 and seeks to make India a self-reliant, resilient economy, by focusing on domestic manufacturing, innovation and job creation and inclusive growth. In a time-series analysis, the proposed study examines the actual development of India towards self-reliance between 20142015 and 202526 (projection) on the basis of secondary time-series data on FDI inflows, startup growth, employment trends, sector performance, export, import, and trade balance, and reliance on imports. The effects of investment, sectoral growth and trade performance were tested using quantitative techniques like trend analysis, regression, and One-Way ANOVA. The results show that FDI has significantly increased, employment has steadily increased, and the average growth has increased in the Services sector, but there are no significant differences between sectors. Regression analysis indicates that exports have a strong effect in mitigating the import dependency, whereas direct investment has no much impact to startups. The paper identifies the significance of women-led MSMEs, adoption of Information and Technology, and skill development towards inclusive growth. The policy recommendations include support of entrepreneurs, export promotion, skill development, integration of sustainability and technological investments in India in order to reinforce the self-reliant economic journey of India.
Venkateshwarlu et al. (Sun,) studied this question.