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PM urges global investors to link their growth with Indias rapid rise

Prime Minister Narendra Modi on Friday urged international investors to link their growth with India's rapid rise, saying the country is becoming one of the most well-connected markets.Speaking after inaugurating Boeing’s new Global Engineering and Technology Centre in Bangaluru, Modi talked about the government’s focus on investments to overcome the previous handicap of poor connectivity that was preventing India's potential in performance.He said that India has become the world’s third largest aviation domestic market. In a decade, the number of domestic passengers has doubled, and schemes like UDAN have played a big role in this and Karnataka is emerging as a big aviation hub.

"India’s policy approach to encourage 'Make in India' is a win-win situation for every investor," he explained.As the crowd began chanting 'Modi-Modi', the Prime Minister turned towards the Congress leader and said “such things happen”.

The state-of-the-art Boeing India Engineering and Technology Centre (BIETC) campus, built at a cost of Rs 1,600 crore and located in a 43-acre campus, is the aircraft maker's largest such investment outside the US, the company said.The campus at Hightech Defence and Aerospace Park in Devanahalli on the city's outskirts will become a cornerstone for partnerships with the vibrant startups, private and government ecosystem in India, and will help develop next-generation products and services for the global aerospace and defence industry, Boeing said.
The Boeing Sukanya programme will provide opportunities for girls and women from across India to learn critical skills in the science, technology, engineering and math (STEM) fields and train for jobs in the aviation sector, a company statement said.
Karnataka Governor Thaawarchand Gehlot, Chief Minister Siddaramaiah, Leader of the Opposition in Legislative Assembly R Ashoka, and Boeing Chief Operating Officer Stephanie Pope were among those present on the occasion.

(Dr Mysi Patil, State Correspondent)


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