Prime Minister Narendra Modi today launched one of his government’s most ambitious project ‘make in India’ in the capital. Through ‘Make in India’ project, Modi invited industry leaders across the globe to come to India and make India a manufacturing hub in the world.
While promising an effective and easy governance to help business set-up in India, the Prime Minister also said the government will create infrastructure and digital network to facilitate manufacturing hubs.
“We want highways. We also want i-ways – information ways for a Digital India,” Modi said, adding “Make in India is not a slogan, not an invitation”.
Calling the campaign “the step of a lion” Modi said, the aim of this mission is to turn India into a global manufacturing hub to creating jobs and helping the “poor reach the middle class faster”
“I do not only talk about good governance. I talk about effective governance and easy governance,” he said adding, “Government is committed to development. This is not a political agenda, but an article of faith.”
Narendra Modi also asked India Inc to set up their companies in India rather than sifting foreign soils. He advised business heads to ‘Look East’ but also to ‘Link West’.
“I want to see Indian companies shine like the MNCs,” said Modi. “We do not want any industrialist being forced to leave India. I can say that we have been able to bring about a change in last few months,” he added.
The prime minister pressed the needs of generating more employment in the country and asked businessmen to explore country’s immense potential.
“Our government’s mantra is that we want to trust each and every India. The atmosphere of trust can change a lot of things,” Modi said.
Referring to India’s successful Mars Orbiter Mission, Modi said, “No one can question an Indian’s talent, especially after what happened yesterday.”
Modi said the world is ready to invest in India for its vibrant democracy with demographic dividend and huge demand.
“There is a new era of economic growth that is in Asia and we have to see how to make it India’s,” the PM said.
Redefining the FDI, Narendra Modi said, “For Indians FDI is First Develop India…for foreigners, it is an opportunity.”
Commerce Minister Nirmala Sitharaman said , “Make in India is not a slogan but a mission to be accomplished with a single-minded commitment.”
“The processes of applying for licences has been made online, it is 24/7. The validity of such licences has also been extended to three years,” she added.
Earlier in the day, India Inc endorsed Modi’s ‘Make in India’ mission and hailed his leadership.
In his speech Reliance Industries Chairman, Mukesh Ambani, said, “PM Modi dreams and does, working 14 hours a day and motivates a billion Indians to dream and do.” Ambani promised to create 1.25 lakh new jobs in India over the next 12-15 months.
“This programme offers a unique and timely opportunity to make India truly global,” Tata group chairman Cyrus Mistry said, adding, “Key challenges like building critical infrastructure and putting in place transparent tax and Duty structures have to be met…Make in India is a unique opportunity for government and business to work together.”
ICICI bank chief Chanda Kocchar, Wipro Chairman Azim Premji, Aditya Birla Group chief Kumar Mangalam Birla, Lockheed Martin’s CEO Phil Shaw, MD of Maruti Suzuki India, Kenichi Ayukawa and ITC’s Y.C. Deveshwar were among the business leaders who spoke and laud PM’s initiative.
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