PM inaugurates GE’s multi-modal manufacturing facility at Pune’s Chakan area

By Accommodation Times News Services

The Prime Minister, Shri Narendra Modi being received at the inauguration ceremony of the Multimodal Manufacturing Project of GE, at Chakan, in Pune on February 14, 2015.The Prime Minister, Shri Narendra Modi, today said that the world is taking note of India`s GDP growth, which has risen to 7.4 percent – and added that experts are now describing India as the fastest growing economy in the world. He said that he expects this to rise even further, and that the 21st century would be Asia`s century, with India playing a key role in it.

Inaugurating GE’s multi-modal manufacturing facility at Chakan, Pune, the Prime Minister said there were immense possibilities for manufacturing in India. He said India`s demographic dividend was a magnet to attract investment. He said the Government was working towards creating a skilled talented workforce which would attract the world to India. He said global technology (Vishwa Dhan) and the talent of Indian youth (Yuva Dhan) could together result in a win-win situation for all.

The Prime Minister said the Government was working towards predictability in policies and laws, that would boost confidence of investors.

The Prime Minister said his Government is working towards improving “ease of doing business.” He complimented the Maharashtra Chief Minister Shri Devendra Fadnavis for doing a lot to improve ease of doing business, and reducing drastically the number of permissions required for setting up industry. He particularly praised the Chief Minister`s initiatives in the hospitality sector.

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