Wonderful! Modi’s ‘Make In India’ racks up $222 billion in investment pledges

Wonderful! Modi’s ‘Make In India’ racks up $222 billion in investment pledges

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A weeklong “Make in India” fair closed on Thursday with $222 billion in investment pledges, but thin presence by foreign companies in the occasion started by Prime Minister Narendra Modi means many are unlikely to really occur.

The Mumbai jamboree was the largest in India, but earlier occasions including the “Vibrant Gujarat” established by Modi when he headed the state have just found 13 percent of deals executed, according to independent research.

Amitabh Kant, Secretary of India’s Department of Industrial Policy and Promotion (DIPP), told reporters investment commitments had reached 15.2 trillion rupees ($222 billion).The obligations fell some way short of the 25 trillion rupees declared at the three-day Vibrant Gujarat occasion a year ago.

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  • I m possible

    Would like to bring respected PM and nation’s attention on this.

    Are we talking about only about handful few cities ? How India’s GDP can grow when Northeast cities like Agartala continues to remain economically backward ?

    It has been a long wait for Tripura and its youths who have been suffering everyday from chronic unemployment and concerned folks are just happy to mint Govt salary month after month with an excuse of unemployment is throughout country or no infrastructure. At whose cost please ?

    With a record (highest in India) 25.2% of unemployment Left ruled Tripura continues to bite dust of under-development and non-performance due to state’s outdated policies of being anti development and industry without realizing world and India’s economy driven by Business and technology.

    So far it has been about Govt job, salary, subsidy – on tax payers money and mediocre plastic industry for name sake being the focus – which still fails to show hope to lakhs of educated unemployed youths!

    Need is to bring high end industry and jobs at Agartala having follow up with Industry leaders and setting up required infrastructure on a war footing.

    With high speed internet and 24/7 power, Can capital Agartala look forward in 2016 to being an IT hub with high end IT jobs for 7 lakh educated unemployed youths of Trpiura ?.