Section 1209 Totem
May 26, 2014, Modi was sworn in as the new Prime Minister of India; November 26, 2014, just over six months in office french car manufacturer Modi cabinet. Looking back over more than 180 days and nights, Modi to the international community was impressed by the domestic economy under the rule of construction which is also beginning to bear results.
"Made in India" is the slogan of the most influential Modi came to power proposed. Modi "Made in India (Make In India)" vision, which aims to attract automobile manufacturing presence in India as the representative. In mid-November, the Korean steel company POSCO announced that it will build automotive steel processing plant, amounted french car manufacturer to $ 20 million investment in the western Indian state of Gujarat. The state is longtime Chief Minister Modi's "home" while the automotive industry is constantly gathering, so it is a symbol of India's economic reform and industrial revitalization areas. french car manufacturer With Posco represented overseas companies have given up on the idea to respond, clearly showing a positive investment stance. The relaxation french car manufacturer of restrictions on foreign french car manufacturer investment in real estate field, Japan Tama Home company in September also decided stationed in India.
In addition, for the whole territory french car manufacturer of India to improve the Internet and other IT infrastructure, "Digital India" concept, the global IT companies to give attention. US IT company Cisco Systems announced a year in November to invest $ 1.7 billion in India plan. In addition, Softbank also plans in the next 10 years, India's Internet industry to invest 1 trillion yen. Data show that from May 2014 to September, foreign direct investment in India reached $ 12.7 billion, an increase of 24% over the same period last year. Because of the "Modi economics" expect, the Indian stock market continued to rise. Representative stock index, the Bombay SENSEX index in late May after rising by about 15 percent, hovering near record highs.
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