1. Make in India Week: FDI flows have gone up 48% since 2014, says PM Modi

Make in India Week: FDI flows have gone up 48% since 2014, says PM Modi

2015 was year of highest ever electricity generation: Narendra Modi at the launch of #MakeInIndia

By: | Mumbai | Updated: February 13, 2016 7:17 PM
narendra modi, make in india

2015 was year of highest ever electricity generation: Narendra Modi at the launch of #MakeInIndia.(Reuters)

Prime Minister Narendra Modi on Saturday launched the Make in India Week at NSCI, Worli, a flagship event designed to impart greater momentum to the initiative to boost the manufacturing sector in the country.

At the inaugural ceremony, Modi addressed a gathering comprising senior leaders and captains of industry from both India and abroad.

Here are highlights of PM Modi’s speech at the launched ceremony of Make in India Week

* This century is Asia’s century.My advice to you is “Make India your centre if you want this century to be your century”: Modi

* We have recorded the highest level of production of motor vehicles in 2015: Modi

* In the current quarter our manufacturing sector is expected to be 12.6%: Modi

* Our judicial systems’ are independent and time tested: Modi

* India is blessed with 3 ‘Ds’, Democracy, Demography and demand, to this we have added another D “Deregulation”: Modi

* India is a land of immense opportunity: Modi

* Momentum of ‘Make in India’campaign has given us confidence, this motivates us to make our policy & process easier: Modi

* We have made our systems cleaner, simpler, proactive and business friendly: Modi

* We will end this fiscal year with well over 7 % growth in GDP: Modi

* 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: Modi

* There is an all round emphasis on ‘Ease of doing business’: Modi

* India will record highest ever coal production this year; 2015 was year of highest ever electricity generation: Modi

* India is most open country to FDI; FDI flows have gone up by 48 pc since our govt took office: Modi

* Please see for yourself the direction India is taking. #makeinindia has become a big brand both within and outside India: Modi

* Want to make India a global manufacturing hub: Modi

* I recall the aspirations of the youth when I recall the launch of #MakeInIndia. Youthful energy is our greatest strength: Modi

* Am delighted to be a part of these celebrations. I welcome you all to Mumbai: Modi

On his arrival at the airport today, Prime Minister was received by Maharashtra Governor C V Rao and Chief Minister Devendra Fadnavis.

The Make in India Week is aimed at showcasing to the world the achievements of the nation in the manufacturing sector and promote India as a preferred manufacturing destination.

Over the course of the week, it will offer access, insights and opportunities to connect and collaborate with India and global industry leaders, academicians, central and state administrations, the release added.

Government delegations from 49 countries and business delegations from 68 countries are slated to attend the event.

Some of the key government delegations would include Prime Minister-led delegations from Finland, Sweden and Lithuania and Deputy Prime Minister-led delegation from Poland. High level government representatives are accompanied by large business delegations.

There will also be 17 state exhibitions and several country pavilions at the centre, which would cover an area of 2,20,000 sqm and accommodate 27 halls. The country pavilions will include exhibitions from Sweden, Germany and South Korea.

Over 190 exhibitors would showcase manufacturing prowess of the country across the focus sectors.

With agency inputs

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