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Make in India, make for the world, says PM Modi to industry

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Google Oneindia News

New Delhi, Mar 05: Prime Minister Narendra Modi on Friday met heads of India Inc to deliberate on various production-linked incentive (PLI) schemes. These schemes were announced with the intention to minimize the effects of COVID-19 pandemic and draw investments from large companies and boost manufacturing.

 Make in India, make for the world, says PM Modi to industry

Addressing a webinar on the Production Linked Incentives scheme, PM said,''Union Budget & country's policy-making shouldn't just be restricted to a govt process. Every stakeholder associated with development of the country should have an effective engagement in it.''

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''We need to take big steps & increase our speed & scale (in manufacturing). After COVID's experience of past 1 year, I'm convinced that it's India's responsibility & not just an opportunity to move fast in this direction. Manufacturing transforms every segment of economy,'' PM Modi said.

''Our govt is bringing back-to-back reforms in this field. Our policy & strategy is clear. We believe in minimum govt, maximum governance. Our expectation is zero effect, zero defect. To make our companies & manufacturing globally competitive, we'd have to work day in, day out,'' he also said.

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    As many as 42 industry heads were invited for this webinar with the Prime Minister. This virtual meeting will be attended by N Chandrasekaran (Tata Sons), RC Bhargava (Maruti Suzuki India), Sajjan Jindal (JSW Steel), TV Narendran (Tata Steel), Gopal Vittal (Bharti Airtel), Pawan Goenka (M&M) and Sangita Reddy (Apollo Hospitals), Satish reddy (Dr Reddy's), Manish Sharma (Panasonic India), Manoj Kohli (SoftBank India), Hemant malik (ITC) and RS Sodhi (Amul).

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