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2014-09-26

Indian corporates, investors in UAE laud Make in India campaign

The launch was held at both national and international levels through live webcast at various Indian embassies and consulates around the world.

Indian businessmen, investors and expatriate community have lauded the 'Make in India' campaign launched by Prime Minister Narendra Modi saying it will give a boost to India's manufacturing sector, as mentioned in a PTI report.

 

Over 200 business leaders from expatriate Indian community, investors, bankers, academicians and experts said the move will build confidence of Indians staying abroad to invest in high growth sectors like manufacturing, biotechnology and construction in India.

 

The report further stated that the launch was held at both national and international levels through live webcast at various Indian embassies and consulates around the world, including Indian Consulate in Dubai.

 

"The demand for skilled manpower is widespread in the international labour market and the Prime Minister has emphasised on skill development in his Make in India' and 'Deen Dayal Upadhyay-Grameen Kaushalya Yojana (DDU-GKY)' campaigns," Sudhesh Giriyan, VP and Business Head, Xpress Money told PTI.

 

Giriyan said his company will look to explore opportunities to participate in programmes which will facilitate skill development and thereby empower the aspiring NRIs to differentiate themselves through their efficiency.

 

Consul General of India in Dubai, Anurag Bhushan highlighted the policy measures towards achieving this goal.

 

"India has the advantage of democracy, demographic dividend and demand as enunciated by the Prime Minister," Bhushan told PTI.

 

"The focus of the new initiatives is to achieve a growth rate of 25 per cent in the manufacturing sector as against 13 per cent at present and to create 100 million more jobs by 2025," he added.

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