Prime
Minister Narendra Modi today invited the global business community to
set up manufacturing facilities in India giving the slogan 'come,
make in India'. In his maiden independence day address, he exhorted
the youth to become entrepreneurs and manufacture 'zero-defect' goods
with a view to make the country a global export hub. "From
ramparts of the Red Fort, I would like to call people of the world to
'come, make in India'. Come here and manufacture in India. Sell the
products anywhere in the world but manufacture here...we have the
power, come I am inviting you," he said. He said global
businesses can invest in a wide range of areas including electrical,
electronics, chemicals, pharmaceuticals, satellite and submarine.
India's young population have skill and talent which will help India
in making the country a export hub of the world, he said, asserting
that focus on manufacturing sector would help in creating employment
for people besides maintaining balance in exports and imports. "I
would like to tell the youth that our dream should be taking the
'Made in India' brand at every nook and corner of the world,"
Modi said. He also asked the young people of the country to enter
manufacturing sector by setting up small units. "They should do
research to identify at least one product which they can manufacture
and help in reducing the country's import bill. Not only this, but
they should look at exporting those items as well. If every youth of
this country would start manufacturing at least one product, our
country will become an export hub," he added. However, he said
that people should not compromise on two main things - "zero
defect and zero effect". "Our manufacturing should have
zero defect so that our products should not be rejected in the global
market. Besides, we should also keep in mind that manufacturing
should not have any negative impact on our environment," he
said. Citing example of the IT
industry, the Prime Minister said Indians have placed the country on
the world map in this sector. "Just 25 years back, the world
used to say that India is the country of snake charmers and black
magicians, but our 22-23 year old young populations have given a new
identity to India in the world," he said. Further, he expressed
concerns over increasing electronic goods import and emphasised on
the need to walk on the path of "Digital India". Pointing
out that India's second largest import is of electronic items after
crude oil, Modi said: "With Digital India dream, we should focus
on electronic goods manufacturing. It will also result in gain to the
government's exchequer".
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