The World’s biggest democracy underwent its biggest elections in 2014 which resulted in Narendra Modi, now 9th most powerful man on earth being elected as the Representative of over 1.25 billion people. Make in India project is Modi’s baby and the Indian prime minister is going out of this way to nurture it into making India the biggest manufacturing force of the world. Modi has been termed as “Absentee PM” due to his frequent foreign trips. Modi has travelled to maximum number of countries by an Indian PM in one single year.
http://www.financialexpress.com/article/economy/narendra-modi-wants-china-like-hegemony-for-india-in-manufacturing-anant-geete/78152/
Down to business, the investment of whopping Three Billion Rupees spent on PM’s Travel are showing monetary results as Foreign Direct Investment (FDI) i.e. The Investment made by foreign investors which gives them direct control over an asset and control over it’s decision making was up by 700% to $40.2 billion in the fiscal year ended March 31, 2015. The Industrial Production rose by 2.1% from 0.6% to 2.7% from October 2014 to May 2015
The Multinational Companies like Foxconn and General Motors notified their billion dollar plans of further investment in India.
The Indian PM’s Second visit to the Silicon Valley, United States in less than a year and in return Google’s Announcement of Free Wi-Fi at 500 Indian Railway Stations and Successive visits by Facebook CEO Mark Zuckerberg indicates that there is a lot to come in years ahead in terms of India’s Impact on International Trade and its relations with foreign partners.
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