Jaitley launches ‘Make in India’ conference in Sydney

Finance Minister Arun Jaitley launched ‘Make in India’ conference in Sydney and asked Australian businesses to be the part of India’s growth story.

  • The Minister pinpointed that with People in agri sector moving out, there was a need to achieve the target of manufacturing sector to occupy the 25 per cent of India’s GDP.
  • India has to invest in its infrastructure in a bid to prepare a base for an economy of this huge size, he said.
  • The conference was launched in the presence of Australia’s Special Envoy for trade Andrew Robb, Indian High Commissioner Navdeep Suri, CII Director-General Chandrajit Banerjee, CII President Sumit Mazumder and NEW Parliament Secretary for Major Events and Tourism Jonathan O’Dea.
  • The Minister further assured the investors that tax system in India was also being gradually brought to global standards.
  • Speaking on the occasion, Australia’s former trade minister Andrew Robb said Australia had lots to offer to India in terms of expertise.

“As a country, we are 80 per cent services. We can offer environment, power, design, energy, transport and other services,”

Mr. Robb.

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