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Industry captains pledge support to PM’s ‘Make in India’

Posted on 2014-09-26

Industry leaders of the country and across the globe on Thursday pledged their support to the Government’s ‘Make in India’ campaign and sought stable tax structure, labour law reforms and expeditious decision- making to make it a reality. At the star-studded launch

of Prime Minister Narendra  Modi’s ambitious programme, attended by the likes of  Reliance Industries Chairman Mukesh Ambani, Tata Group chief Cyrus Mistry and Aditya Birla Group’s Kumar Mangalam Birla, industry leaders said job creation and high growth would be possible only if the manufacturing sector gets into a high growth trajectory.

“Our aspirations on the global manufacturing arena will be fulfilled if we address

certain challenges on priority,” Mistry said while addressing the gathering. “These factors will include the build-up of critical infrastructure across the country supported by stable policies, transparent and competitive tax and duty structure, efficient and time-bound administration through the use of e-governance,  cost effective and reliable energy coupled with logistics,  critical for the competitiveness of industry,” Mistry added. Pledging his   support to the initiative, Ambani said in order to succeed in this campaign, it was important  to be open to capital and expertise from all over the globe, and implementation of GST will

make India one market and strengthen overall Make in India programme.