NEW DELHI, Sept 25 � In a bid to make the country a manufacturing hub, Prime Minister Narendra Modi today promised easy and effective governance to enable ease of doing business as he launched the �Make in India� campaign at an event where the government hinted at amending labour laws, reports PTI.
Following up on his Independence Day address call, he kicked off the ambitious project at a star-studded event where leading industrialists and business leaders from India and abroad pledged to support to the campaign.
At the event to showcase India�s potential as a location for factories to revive the flagging economy where Mukesh Ambani, Cyrus Mistry, Azim Premji, Kumar Mangalam Birla, Maruti Suzuki�s Kenichi Ayukawa and Lockheed Martin�s Phil Shaw were present, the Prime Minister said the gloom of the past two-three years when industry wanted to shift abroad has lifted.
He said the government will focus on building physical infrastructure as well as creating a digital network to make India a global hub for manufacturing of goods ranging from cars to softwares, satellites to submarines, pharmaceuticals to ports and paper to power.
While Modi himself did not announce any big-ticket measures, Commerce and Industry Nirmala Sitharaman said �With a view to providing flexibility in working hours, our Government is amending a number of labour laws,� she said.
�We are fully committed to delicensing, deregulation and radical changes as we go along. We have an open mind,� she said.
She noted that India has long been identified with red tapism, inspector raj and cumbersome rules and regulations that hinders smooth transaction of business.
�We want to change and chart up a new course, a new path wherein business entities are extended the proverbial red tap. Today�s event is being held after taking after taking serious of measures on ease of doing business,� she said.
