With an aim to enhance India’s reputation as a manufacturing hub and a business-friendly country, India’s Prime Minister Narendra Modi is expected to launch the ‘Make in India’ campaign ahead of his maiden trip to the US.
This initiative, set for launch in New Delhi on September 25, seeks to showcase India as a global hub for a wide range of products and services. On this score, the Indian government has identified 25 priory sectors that it will focus on and these include ‘Make in India-Pharma’, ‘Make in India-Auto Component’ and ‘Make in India-Bio-Tech’ among others.
The campaign will also push for policy reforms that will make it easier for prospective investors from across the world to explore, start and conduct business in India. The World Bank in its report ‘Doing Business 2014’ has ranked India 134 among the 189 economies.Read More