इंडियन आवाज़     25 Feb 2024 04:14:00      انڈین آواز
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PM inaugurates ‘Make in India’ Week in Mumbai

AMN /

 Prime Minister, Modi addressing at the inauguration of the Brahmaputra Cracker and Polymer Ltd., at Dibrugarh, Assam.
Prime Minister, Modi addressing at the inauguration of the Brahmaputra Cracker and Polymer Ltd., at Dibrugarh, Assam.

Prime Minister Narendra Modi today said that India was blessed with 3 Ds that is Democracy, Demography and Demand; and the Government is adding 4th D of Deregulation.

He was speaking after the formal inauguration of the Make in India Week in Mumbai.

He said that the government wants to make India a global manufacturing hub with the share of manufacturing in GDP to go up to 25%.

Mr. Modi said that the Make in India week Mumbai is the biggest multisectoral business event ever held in India.

In a year’s time Make in India has become the biggest brand India has ever created because of the collective desire of people to engage in productive activities at minimal cost.

Addressing the gathering of industry captains, Modi said that India is the most open country for FDI even in the time of global slowdown.

He reiterated India’s commitment not to resort to retrospective taxation.

The Prime Minister said that the government aims to create a cleaner, simpler, proactive and business friendly environment for investors.

Modi said the focus sectors for development are roads, ports, railways, airports, telecom, and digital network.

Also, addressing the gathering, Prime Minister of Sweden Kjell Löfven said that he is convinced that Make in India will be an enduring centerpiece of the Sweden India partnership.

He announced setting up of Sweden Indian business leader’s round table. Finland’s Prime Minister Juha Petri Sipilä said that India Finland cooperation on renewable energy.

Poland’s Deputy Prime Minister Janusz Piechociński, MoS Commerce and Industry Nirmala Sitharaman along with Maharashtra Governor Ch. V. Rao, Maharashtra Chief Minister Devendra Fadnavis and other high profile dignitaries were present at the event.

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