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Investment starts under Make In India

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Image source: digitalindiainsight.com

The Make in India initiative launched by Prime Minister, Narendra Modi has started showing fruitful results.

Twinstar Display Technologies is set to invest USD 10 billion in India to open up the country’s first LCD manufacturing unit in Maharashtra. NRI Anil Agarwal announced about the huge Investment.

Bureaucracy Today reported, “Upon the commencement of the first week of Make In India week in Mumbai, the pact was inked as a part of the governments’ initiative on Saturday.”The firm will invest the amount in five phases to set the largest LCD fab units. Twinstar Display Technologies promoted by Volcan investment, Vedanta group and Sterlite Technologies will sign a MoU with Government of Maharashtra.

This investment will create more than 30000 job opportunities when the project will be succeeded completely. The production will start by 2018 and also adds up a growth of 7 to 10 per cent in GPD of Maharashtra.

Make In India has encouraged Indian diaspora living anywhere in the world to invest in their country of their own origin. This investment is the prime example of the trend. The Indian diaspora is contributing a lot to the economies the countries where they are living, for example, the USA. According to a report, Indian diaspora’s contribution to the US economy is largest among all the diasporas.

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PM Modi Advises Scientists To Use Science to Improve Lives

PM Narendra Modi tells Scientists to use science to improve the lives of citizens

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Modi advises Scientists
Prime Minister Modi tells scientists that science and technology should be used to bettering the lives of citizens. Wikimedia Commons

Prime Minister Narendra Modi on Tuesday called upon scientists to take up challenges in their research for bettering the daily lives of common citizens, especially farmers, help in reaching clean drinking water, solar power to the people, and solving problems such as pollution.

Highlighting the importance of ‘science for society’, Modi said when all “scientists, all citizens, will move forward with this understanding, both the country and mankind will be benefited”.

“To know the connection between science and society, we have to give answers to some questions. Everybody knows the pollution problem due to increased use of plastic. Can our scientists take up the challenge to come up with saleable and cost effective material which can take the place of plastic?” the Prime Minister asked while inaugurating the India International Science Festival through video conferencing from Delhi.

Indian PM Narendra Modi
PM Narendra Modi highlights the importance of ‘Science for Society’. Wikimedia Commons

Modi exhorted scientists assembled from India and abroad for the mega event whether they can take up the challenge to find a better way to store energy or electricity.

“Can we get a solution so that the use of solar power can go up, can we come up with an innovation related to battery and other infrastructure to reach electric mobility to the common man?

“Have we thought of doing something in our lab which can improve the lives of crores of people? Can we find a solution to local drinking water problems and reach clean drinking water to the people?” he asked.

Also Read-Vietnam and Australia to Start Collaborating on Science Initiatives

Modi also urged scientists to ponder over whether they can invent something which would cut down healthcare cost, and benefit peasants by increasing their income.

“We have to think how use of science can help in easing the lives of the people,” he said. (IANS)