Which of the following state- ments with regard to the 'Make in India' initiative is/are correct ? I. It was launched in the year 2018. 2. Its objective is to foster innovation. Select the correct answer using the code given below :

The 'Make in India' initiative was launched by the Government of India on September 25, 2014, not in 2018. Therefore, Statement I is incorrect. However, Statement II is correct as the initiative was specifically designed to facilitate investment, foster innovation, enhance skill development, and build best-in-class manufacturing infrastructure in the country. Since only the second statement is true, the correct option is B.