Minister Shri Narendra Modi laid the foundation stone of the C-295 Aircraft
Manufacturing Facility in Vadodara, Gujarat 30 Oct. He also visited an
exhibition showcasing technological and manufacturing strides in the aerospace
industry under Aatmanirbhar Bharat.
Addressing the gathering, the
Prime Minister said that today we have taken a big step in the direction of
making India the manufacturing hub of the world. He said India is making
fighter jets, tanks, submarines, medicines, vaccines, electronic gadgets,
mobile phones and cars that are popular in many countries.
He said that the facility for which the foundation stone was laid, has the power to
transform the country’s defence and transport sector. He pointed out that
it is for the first time that this big investment is taking place in the Indian
Defence sector. Transport aircrafts, manufactured here will not only give strength
to the armed forces but it will help in developing a new ecosystem of aircraft
manufacturing “Vadodara which is famous as a cultural and education center,
will develop a new identity as an aviation sector hub”, he said. The Prime Minister expressed
happiness about the fact that more than 100 MEMEs are also associated with the
project. He said that the promise of ‘Make in India, Make for the Globe’
will gain new push from this land as the project will be able to take orders
for export to other countries in the future.
The Prime Minister credited a
change in mindset for the success. He said “Today,
India is working with a new mindset, a new work-culture”.
The Prime Minister also recalled a
time when dominant thought was to focus on the service sector as manufacturing
was considered to be beyond reach. “Today we are improving both services and
manufacturing sectors,” he said..
Highlighting the investment
friendly policies of the government, the Prime Minister remarked that its
benefits are clearly visible in FDI. “In the last eight years” he said,
“companies from more than 160 countries have invested in India.
In concluding the address, the
Prime Minister urged all those associated with the industry to make the most
out of the unprecedented investment confidence in the country at the moment.