Prime Minister Narender Modi rolled out the red carpet for industrialists, both domestic and international on last Thursday, inviting them to make India a manufacturing hub that will help boost jobs and growth of India. Modi named this invitation as ‘MAKE IN INDIA’. 500 CEO’s of over 3000 companies from 30 different countries across the world attended the programme; Mukesh Ambani, Cyrus Mistry, Azim Premji, Kumar Mangalam Birla, Kenichin Ayukawa of Maruti Suzuki, Y.C. Deveshwar-chairman of ITC and various prominent national and international industry leaders, ministers, senior officials, ambassadors and opinion leaders were present during launch of the programme. Modi said that investors need not to worry about their investments in India as their money is safe here and also the government will support them in every area. Moreover, Modi said that current government is altering their policies regarding FDI. Modi said that Indian government is not only developing the infrastructure but in fact a digital network is being setup across the country. According to Modi ‘Make In India’ is not only a political agenda it’s a symbol of promises. Modi promised industrialists that Indian government is ready to help them in all sectors and will provide them with everything that they will require to setup their companies here. Modi said “without regional development India cannot develop” and also its individuals responsibility to help in the development of his country. Modi urged the state governments to take the essential steps to attract more and more foreign investments in their states. India is seen as a huge market by thousands of MNC’s across the world and they want to sell their products here but due to low capita income of people of India, people are not able to buy good quality of products and hence companies step back. Modi said the foreign investments will not only bring money to India but it will also generate new job opportunities for people of India and will help in raising the per capita income of the people of India and when people will have more income than they will spend more money to buy superior quality of products and as a result India will slowly become a huge market for the renowned companies of the world and they will start selling the international quality of products here. Modi not only talked about the international or foreign companies but he also motivated the domestic industries to produce goods of international standards for their country first and after that they should think of exporting their products or setting up their industries in other parts of the world. According to PM, FDI not only means ‘Foreign Direct Investment’ but it also stands for ‘First Develop India’; a message given to local industrialists. He promised local industrialists that government will modify their policies and infrastructures for them also and will not intercept in their working until or unless it is required. The symbol of make in India has been taken as a ‘Lion’ from the Ashoka Pillar, which represents that India has taken its first step towards its development and soon it will be ranked in the list of developed countries and will become a manufacturing hub and will export various products to all parts of the world.
By:- Varun Kumar Singla(A2325012004)
