PM Modi answers whether 'Make in India' will be successful

Advertisement

At his debut Townhall interaction at the Facebook Headquarters, Mark Zuckerberg asks PM Narendra Modi if ‘Make in India’ will be successful, given the slow rate of reform.

"When you want to turn on a scooter, it takes half a second. But when you want to turn around a train it is much more difficult," PM Modi says.

He further elaborates, "So how do you keep track of what is happening? In 40 years we have had 180 million people who didn't have a bank account. After my government came to power, in 100 days 180 million bank accounts were opened. That is the speed of change."

Modi then goes on to reveal why he thinks India is the paradise for investors, "What is the secret to make in India?" asks Modi and says,"The low cost manufacturing, skill, man power, raw materials -- these are what we have. I don't think this is something that someone can ignore. Infact, it is a paradise for investors."

Image credit: Twitter @MEAIndia