Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2014-09-26

Govt to create business-friendly environment: Nirmala Sitharaman

The Make In India campaign, aimed at exploiting untapped potential of the country in the manufacturing sector.

Commerce and Industry Minister Nirmala Sitharaman has said the government is fully committed to creating business- friendly environment to boost the manufacturing sector which will push India to a higher growth trajectory, says a PTI report.

 

"We want to chart out new path wherein business entities are extended proverbial red carpet welcome. We are fully committed to de-licensing, deregulation and radical changes as we go along. We have an open mind," she told PTI.

 

The Make In India campaign, aimed at exploiting untapped potential of the country in the manufacturing sector which now contributes only about 15 per cent to the GDP, is not a slogan, but a mission to be accomplished with a single commitment, she said.

 

"While this percentage is much higher in other Asian countries which are in similar stages of development, we are determined to push it up to 25 per cent," she added.

 

Government has identified 25 sectors including pharma, automobiles, textiles, aviation, mining, chemicals and others which have potential to make India a leader in these fields.

 

"In these sectors, substantial work has been done to identify growth drivers, investment opportunities, FDI policy, sectoral policies and specific reason to invest," Sitharaman said.

 

"We have created a dedicated team to invest in India which will respect to your (businesses) queries, assist you, facilitate you and hand hold investors across the world," she added.

Related opportunities
  • Furniture/Home Decor & Furnishing
    About Us : Bubblegum furniture, established in 2015, is a concept..
    Locations looking for expansion Maharashtra
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Bakery & Confectionary
    About Us: tylish & quaint, Sassy Teaspoon is the quintessential go-to..
    Locations looking for expansion Maharashtra
    Establishment year 2000
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Bakery & Confectionary
    About US:  Incorporated in 1991, Lucky’s Bakery & Patisserie, is a..
    Locations looking for expansion Delhi
    Establishment year 1991
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 125
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New delhi Delhi
  • Ice creams & Yogurt Parlors
    About Us: Bombay Kulfis set up their base in July 2016..
    Locations looking for expansion Andhra pradesh
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 50
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Hyderabad Andhra pradesh
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts