We want manufacturing to be 25% of our GDP: PM Modi at Make in India

Prime Minister Narendra Modi on Saturday launched the largest-ever manufacturing summit Make in India (MII) Week here in the presence of heads of state, a battery of business leaders and foreign delegates. Here are the highlights:

65 per cent of Indian population is under the age of 35, they are our greatest strength We are committed to 'Make in India' a easy place to do business I encourage all of you to see for yourself the direction India is taking This reflects global needs, of producing at lower cost, it is forcing to make corrections and increase efficiency Our FDI inflow has gone by 48% since the day my govt came into office We have given all round emphasis on ease of doing business, in manufacturing sector we have taken decisive steps to ease business This year we will record highest ever coal production The production of natural resources have gone up and transparency provides level field for everyone I believe in minimum govt and maximum governance The formation of Company law tribunal is at the final stage, soon we shall be put in place an effective IPR policy and patent regime We will end this fiscal year with well over 7 % growth in GDP We have made our systems cleaner, simpler, proactive and business friendly Momentum of 'Make in India'campaign has given us confidence, this motivates us to make our policy & process easier India is a land of immense opportunity India is blessed with 3 'Ds', Democracy, Demography and demand, to this we have added another D "Deregulation" Our judicial systems' are independent and time tested In the current quarter our manufacturing sector is expected to be 12.6% We have recorded the highest level of production of motor vehicles in 2015

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