PM lays foundation stone of C-295 Aircraft Manufacturing Facility in Vadodara, Gujarat

Prime 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.