We will push for greater momentum to domestic companies in India."The event would be inaugurated on February 13 by the Prime Minister. We have opened up everything except multi-brand"."Since the announcement of Make in India we have been able to get significant investments. The theme of the event will be innovation, design and sustainability," he added. These are all things calibrated at the political level.The "key challenge", he said, is to make India the easiest and simplest place to do business, a goal which the government is determined to achieve.The main aim of the event is to attract more FDI into the country, said the secretary, Department of Industrial Policy and Promotion (DIPP).
We have taken a very major initiative to launch the Make in India Week which will be held in February from the 13-18 February 2016," DIPP Secretary Amitabh Kant told reporters."We have been able to get substantial investments in areas which include electronics, automotive, food processing, textiles and garments, renewable energy and construction. After the launch of Make in India, FDI in the last 17 months as compared to the previous 17 months has grown by about 35 per cent," he said. New Delhi: Prime Minister Narendra Modi will inaugurate the Make in India Week in Mumbai on February 13, a mega event in which the government expects participation of over a 1,000 companies and delegates from over 60 countries. In the next one month DIPP officials will be going across India holding a series of roadshows to provide impetus and momentum to domestic companies, push their investments.Several companies like Foxconn, Zenith, IKEA, Wanda group of China are investing in India.
Many of the investments have fructified, many are in the process of fructification.Aim of the event is to attract more FDI into the country, says secretary of DIPP. India is today the most open economy in the world. Prime Minister Narendra Modi (Photo: PTI) Aim of the event is to attract more FDI into the country, says secretary of DIPP. We are handholding for many investments. We will also provide a push to startups," Kant said.Asked whether political China famous aluminum Roof system compulsions should keep India away from opening up multi-brand retail for FDI, Kant said: "Government has done a lot of liberalisation across sectors..Kant said the global investor community has responded to growing confidence. All the investments are in the process of happening," the DIPP Secretary said
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