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. These factors will include the buildup 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 egovernance, 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. Ambani, who announced that Reliance Industries would create 1.25 lakh jobs in the next 12-15 months, further said it was also important for villages to stay connected to be a part of growth story.
ICICI Bank Managing Director and CEO Chanda Kochhar said the ‘Make in India’ programme would become the next growth driver for the country. “Quite clearly in manufacturing we have lot of catching up to do. We need manufacturing to put the economy into a higher growth trajectory and to create millions of jobs,” Birla said “We need an educated workforce of thinkers to meet ‘Make in India’ vision. True success of manufacturing lies in being able to service global markets, said Azim Premji, Chairman, Wipro.