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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:

Agencies | Updated on: 13 Feb 2016, 08:58:17 PM

New Delhi:

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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First Published : 13 Feb 2016, 06:59:00 PM