New Delhi : Prime Minister Narendra Modi will be launching ‘Make in India’ initiative at the Vigyan Bhawan on Thursday to spread a red carpet welcome to the business leaders, both foreign and Indian.
Finance Minister Arun Jaitley, who has been in and out of a private city hospital for gastric bypass surgery, will be making first public appearance during the month as the guest of honour.
The programme is implementation of the PM’s Independence Day call for ‘Make in India’ and ‘Zero defect, Zero effect’ policy. The launch will be not only in Delhi but simultaneously in all state capitals and the Indian missions abroad, to be attended by prominent national and international industry leaders, chambers of commerce and opinion leaders, a Commerce Ministry official said.
The aim is to guide foreign investors on all aspects of regulatory and policy issues and assist them in obtaining regulatory clearances and at the same time identify domestic companies having leadership in innovation and new technology for turning them into global champions.
The focus will be on promoting green and advanced manufacturing and helping these companies to become an important part of the global value chain.
The official said the government is closely looking into all regulatory processes with a view to making them simple and reducing the burden of compliance on investors.
He said the government had identified 25 key sectors in which India has the potential to become a world leader.
These include automobiles, chemicals, IT, pharmaceuticals, textiles, ports, aviation, leather, tourism and hospitality, wellness, and railways.
Modi will be releasing brochures on these sectors. A dedicated cell has been created to answer queries from business entities through a newly created web portal (www.makeinindia.com).
While an exhaustive set of FAQs on this portal will help the investor find instant answers to their general queries, the back-end support team of the cell would be answering specific queries within 72 hours.
A pro-active approach will be deployed to track visitors for their geographical location, interest and real time user behaviour.
Subsequent visits will be customised for the visitor based on the information collected. Visitors registered on the website or raising queries will be followed up with relevant information and newsletter.
Investor facilitation cell will provide assistance to the foreign investors from the time of their arrival in the country to the time of their departure. The initiative will also target top companies across sectors in identified countries.