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Make in India, Modi to global investors
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SME Times Bureau | 15 Aug, 2014
Delivering his Independence Day speech, Prime Minister Narendra Modi
reached out to global investors Friday, asking them to come and
manufacture goods in India, while calling for zero-defect products with
with zero-effect on environment.
"I tell the world, 'Make in
India'," Modi said in his maiden address from the Red Fort. "Sell
anywhere but manufacture here. We have the skill and talent for it."
The
prime minister said Indian enterprise must come together to think of
ways by which the country does not have to import goods, but export to
the world.
In this regard, he laid emphasis on IT and related
industry, and said the country must come to be regarded as "Digital
India" and benefit from the manufacture of electronics instead of
imports.
He said information technology joins Indians today like
the railways had been in the past. "Digital India will also enable us to
compete with the world," he said.
"Our dreams should be that all over the world we can say 'Made in India'," he added.
At the same time, he said manufacturing industry must also be responsible.
"Let us think about zero defect -- our products are not defective and our products have zero effect on the environment."
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| Customs Exchange Rates |
| Currency |
Import |
Export |
US Dollar
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66.20
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64.50 |
UK Pound
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87.50
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84.65 |
Euro
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78.25
|
75.65 |
| Japanese
Yen |
58.85 |
56.85 |
| As on 13 Aug, 2022 |
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| Daily Poll |
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| PM Modi's recent US visit to redefine India-US bilateral relations |
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