PM Narendra Modi at ‘Make in India Week’: 10 takeaways from his speech

PM Narendra Modi spoke at the launch of 'Make in India Week' in Mumbai.

By: Express Web Desk | New Delhi | Updated: February 13, 2016 9:52 pm
Make in India, Make in India week, narendra modi, Modi make in india, make in india modi, Make In India news, Make in India week, Make in India mumbai, modi speech, modi make in india, india news, modi news, make in india week, mumbai news PM Narendra Modi during his speech at the ‘Make in India’ event. (Source: Twitter/@MEAIndia)

Kickstarting the ‘Make in India Week’ at MMRDA ground in Mumbai, PM Narendra Modi on Saturday spoke about how this was the best time to invest in India as the government carries out reforms, including setting up a company law tribunal and effective IPR regime.

Detailing the initiatives of the government to boost manufacturing, he said steps have been taken to simplify processes and rationalise provisions regarding licences, security and environment clearances.

HIGLIGHTS: Want our youth to become job creators instead of job seekers: PM Modi

Here are the top 10 takeaways from the Prime Minister’s speech:

1. We are working to make India a global manufacturing hub, and have launched ‘Make in India’ to create employment opportunities in India.

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

3. We are committed to make India an easy place to do business, want share of manufacturing in GDP to go up to 25%. In 2015, India contributed 12.5% to GDP.

4. We are also swiftly working towards making our tax regime transparent, stable and predictable.

5. Want investors to make India their workplace and home, says PM Modi.

6. Want to give our industry some friendly advice, “Do not wait, Do not relax” there are immense opportunity in India

7. Make In India is a drive to fulfill the unmet demand of common man.

8. We have already enacted a law for fast-tracking of arbitration proceedings. We are establishing dedicated commercial courts and commercial divisions in high courts. The formation of the Company Law Tribunal is at the final stage.

9. We are looking to make changes in a greener, cleaner way. The government will focus on renewable energy.

10. FDI inflows in India have gone up by 48% since the day BJP government came to office. At a time when global FDI has fallen substantially, FDI inflow in December 2015 was the highest ever in this country.

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  1. M
    MyTake
    Feb 13, 2016 at 10:25 pm
    Modi may not have millions Rupee in his bank account but he has billion minds who are ready to work for him and earn trillions to make Modi's India stronger...
    Reply
  2. S
    Saffron Voice
    Feb 15, 2016 at 1:46 pm
    Do you have a problem with efforts being made to create jobs ?
    Reply
  3. A
    amit
    Feb 13, 2016 at 5:34 pm
    Mr Pri Minister u don't have much options in next session. Either you go for joint session and prove you have guts otherwise we will loose faith in your Govt.
    Reply
  4. B
    Bibhuti bhusan
    Feb 16, 2016 at 8:21 am
    i am very happy because the rural poverty decrese in the socity.
    Reply
  5. L
    LOLINDIAN
    Feb 14, 2016 at 5:06 am
    What are you a subject of emperor Modi? Speak yourself and not for billion Indians Mr. Goswami
    Reply
  6. M
    madan gupta
    Feb 13, 2016 at 11:02 pm
    DO NOT INVEST IN INDIA. BEWARE YOU WILL HAVE TO HIRE 50% FOOLISH, DEAF AND DUMB SON-IN-LAWS AS PER RESERVATION POLICY AND CONSEQUENTLY GIVE THEM PROMOTION OUT OF THE WAY. OTHERWISE THEY WILL INVOLVE YOU IN FALSE CASES OF DISCRIMINATION. A LEARNED JUDGE WISELY REMARKED THAT THE RESERVATION HAS RUINED THE COUNTRY, HE WAS IN TROUBLE. DO NOT INVITE TROUBLE FOR YOURSELF BY PAYING TO 50% FOOLISH WHO GOT A BIG ZERO IN SCHOOL.
    Reply
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