Manufacture in India, sell anywhere says PM Modi

Industry associations have welcomed the prime minister, Narendra Modi's call to foreign investors for setting up their manufacturing bases in India


Prime Minister, Mr Narendra Modi addressing the nation on eve of independence day.

During his address to nation from the ramparts of the Red Fort on the 68th independence day, the prime minister, Mr Narendra Modi announced a vision of "Come and Make in India" inviting manufacturers from across the world to invest in India, and help boost India`s industrial growth.

PM called upon the youth of India to unleash their entrepreneurial spirit and work towards manufacturing in India, the various items that add to our import bill. Let "Made in India" become a synonym of excellence, he added.

Also emphasizing that digital infrastructure is a priority to empower the citizens, Mr Narendra Modi announced his government`s resolve to work towards Digital India, which would provide information and services to the people in a timely and effective manner.

The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has welcomed PM Modi's speech. Its president, Mr Rana Kapoor termed it as commitment to see that the country becomes not only self-sufficient in manufacturing but also becomes a global supplier of industrial products.

There is a clarity when it comes to specifics since the areas for manufacturing focus have been well identified and were narrated by the prime minister himself - like electronic hardware, agricultural value additions. Mr Rana said the announcement to completely revamp the Planning Commission and make it relevant to the present day challenges of governance, direction, and thinking is a refreshing idea. The role of private sector in nation building through the Public-Private-Partnership (PPP) has been well recognized.

The mention of manufacturing and PPP in PM's speech is being taken on a positive note by industry due to the fact that investors have been focusing mainly on marketing. 


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