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

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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