The Make in India event was organized by the Indian Embassy in Tatmadaw hall in collaboration with FICCI during the India Trade and Investment Show. It presented a live webcast of the Make in India campaign launched by the Indian Prime Minister in Delhi to an audience of Officials, Businessmen and Exhibitors of India –Myanmar Trade and Investment Show, 2014.
The show was attended by H.E. Gautam Mukhopadhaya, Indian Ambassador to Myanmar, U MyintSwe – Yangon Regional Chief Minister, Dr. Pwint Hsan – Dy Minister for Commerce and U Win Aung – President, UMFCCI.
The Make in India initiative was launched with the idea of making India a global manufacturing hub, creating jobs and boosting economic growth. Mr Ranjit Barthakur in his introductory speech focused upon the North East India – Myanmar Industrial Corridor which would establish connectivity projects in Myanmar with India. He also emphasized the initiatives taken by the Government of India to enhance connectivity and development in North East India and the scope of cooperation in Health-Care facilities, Information Technology, Education Services between India and Myanmar.
H.E Gautam Mukhopadhaya gave an insight of the potential of Indian investment in Myanmar, with present participation being only about 1 % of the FDI in the country. He also mentioned that it is the right time for India investors to come to Myanmar as the Government of India has initiated projects such as Road Connectivity, Hydel Projects, SEZs, River Projects, etc focused on the development of connectivity with Myanmar which would enable Indian companies to put up labour – intensive projects, which would be encouraged by the Myanmar Government.