The government is planning to organise ‘Make in India Week 2016’ from February 13 in Mumbai with an aim to promote India as an investment destination and increase its share in global FDI.
For this event, the Department of Industrial Policy and Promotion (DIPP) has invited application for selection of an agency for conceptualising, planning and executing the opening ceremony of the week.
“The objective of the Make in India Week is to showcase opportunities to promote India as a preferred investment destination in the source markets overseas and to increase India’s share of global FDIC besides highlighting India’s manufacturing capability,” the DIPP said.
The DIPP intends to organise the week in Mumbai from February 13-18 next year, it added.
The ‘Make in India’ initiative was launched on September 25 last year. It is aimed at making India an global manufacturing hub and create millions of jobs.
Under the programme, the government has identified 25 key sectors in which India has the potential of becoming a world leader.
Under the programme, the government has announced steps to improve ease of doing business in the country and relax FDI norms in several sectors.
Foreign direct investment (FDI) into the country has witnessed a 31 per cent increase during April-June period of this fiscal.