Jignesh Shah to work for PM Modi's 'Start up India'

Prime Minister  Narendra Modi launched the Make in India initiative, with the primary goal of making India a global manufacturing hub, by encouraging both multinational as well as domestic companies to manufacture their products within the country. 

 

Led by the Department of Industrial Policy and Promotion, the initiative aims to raise the contribution of the manufacturing sector to 25% of the Gross Domestic Product (GDP) by the year 2025 from its current 16%. Make in India has introduced multiple new initiatives, promoting foreign direct investment, implementing intellectual property rights and developing the manufacturing sector. It targets 25 sectors of the economy which range from automobile to Information Technology (IT) & Business Process Management (BPM).

 

PM Modi had said that the government will focus on building physical infrastructure as well as creating a digital network to make India a global hub for manufacturing of goods ranging from cars to softwares, satellites to submarines, pharmaceuticals to ports and paper to power. The government is introducing several reforms to create possibilities for getting Foreign Direct Investment (FDI) and foster business partnerships. Some initiatives have already been undertaken to alleviate the business environment from outdated policies and regulations.

Interestingly enough, Chairman Emeritus of 63 moons technologies Ltd supports PM Modi fully in this venture. His contributions had an immense impact on the growth and development of the financial sector and unveiled a different side of India in front of the world. Make in India initiative has a lot of potential, but it will be able to see long term success, if the first-generation entrepreneurs like, Jignesh Shah is able to provide the desired impetus and momentum to this industry with his robust leadership. According to him the idea is to make India a powerhouse in financial technology and exchanges and related ecosystem development. His focus on development of “Social Business Enterprises” generated over a million jobs that blended social interest with inclusive growth.