Rs 15 lakh crore investment commitment in 'Make in India' Week

| Thursday, February 18, 2016 - 16:32
First Published |
Make In India

The event concluded with investment commitments of over Rs 15 lakh crore

Mumbai: India's biggest manufacturing promotional till date at home - the Make in India Week - concluded here on Thursday with investment commitments of over Rs 15 lakh crore ($220 billion), the organisers said.

"The numbers are in INR 15,20,000 Cr investment already committed at #MakeInIndia Week," the event's main organiser, the union Department Of Industrial Policy and Promotion (DIPP) tweeted.

"INR 1,05,000 crore of business enquirers generated during #MakeInIndia Week," another tweet said.

Enumerating the scale of the event, a separate tweet said: "8,90,000 visitors, 8,245 B2B, B2G and G2G meetings 1,245 national and international speakers 215 exhibitors 102 nations.”

(Also Read: 'Make in India': Karnataka gets Rs.9,700 crore investments)

Addressing the event's closing ceremony, DIPP Secretary Amitabh Kant said: "Maharashtra will become gateway of India", testifying to the success of the event held in the state capital.

In order to help promote the country as a preferred destination for global investment and manufacturing, a 200-page ‘Make in India’ magazine narrating dynamic entrepreneurs stories has been released.

The magazine tells inspiring stories of some of India’s most dynamic entrepreneurs and companies, and showcases the energy sweeping across the nation in various sectors.

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15 Lakh crore commitment Make in India

Modi can create good investment oppurtunities in India by his vision,understanding of the nityy gritty of the industry and hard work. But the most disheartening thing about India is its ability for dispute resolution. Any court case takes years if not decades to see the end of the tunnel. Because of this delay those who violate the law get the benifit and those who are law abiding are at a disadvantage.Though Modi wanted to bring in speedy judicial process for dispute resolution till now nothing has moved in that direction. If his effots to make in India is to succeed he should remove all the bottleneck delaying justice.

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