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US industry invited to ‘Make in India’
Washington: Opening up of FDI in key sectors, use of technology to leapfrog in terms of industrial growth and ease of business are the hallmarks of Modi government’s ‘Make in India’ initiative, according to Indian officials.
Enabling manufacturing through industrial corridors, infrastructure development and smart cities were its other key pillars, Amitabh Kant, Secretary, Department of Industrial Policy and Promotion (DIPP), said at an event here Tuesday.
Opening up of FDI in key sectors such as construction, defence, railways, medical devices etc, as well as genuine commitment from the government to usher in growth, were also cited at the event organised by Confederation of Indian Industry (CII)-Embassy of India.
Kant urged US industry to take advantage of the vast opportunities in the various sectors identified under ‘Make in India’ to enter India, make for the domestic market and also export.
In particular, he stressed that India and the United States “must
partner on merit and innovation”.
Kant pointed out that given the imperative to create millions of jobs for India’s aspirational youth, jump starting the manufacturing economy, which currently contributes only 16 percent to India’s GDP, is critical.
Indian ambassador to the US S. Jaishankar, in his keynote remarks applauded the “strength of purpose and seriousness of intent” of the new government in India and also highlighted the new positivity in the US-India bilateral relationship.
Arun Kumar, US Assistant Secretary of Commerce for Global Markets, spoke of the various initiatives already undertaken by the US Department of Commerce to collaborate with the Indian government with regard to the Make in India initiative and to support US companies.
In particular, he reiterated the US willingness to share best practices with India, through programmes like the Manufacturing Extension Partnership Network.
On behalf of CII, Kapil Sharma, Member, CII-India Business Forum, USA and Vice President, Government and Public Affairs, North America, Wipro, moderated the session.
Shifting the focus to the experience of corporate America in terms of manufacturing India, a second panel featured US industry representatives.
Participants included Ziad S. Ojakli, Group Vice President, Government and Community Relations, Ford Motor Company, Del Renigar, Senior Counsel for Global Government Affairs & Policy, General Electric Company and Stanley Roth, Vice President, International Government Relations, Boeing International.
The session was moderated by Richard Rossow, Wadhwani Chair in US-India Policy Studies, Center for Strategic and International Studies.
The event was attended by over 200 people from across the US and Indian private sectors, government agencies, academic institutions, think tanks and media.
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Dr. Abhishek Verma Dedicates a Shelter in Memory of His Mother, Veena Verma, at KGMU; Inaugurated by Daughter Nicolle Verma
World-renowned business tycoon Dr. Abhishek Verma has supported Foodman Vishal Singh’s Hunger-Free World mission. In memory of his mother, Late Veena Verma, who was a 3 term Rajya Sabha MP.
Dr. Verma dedicated a state-of-the-art free permanent shelter for the attendants of patients at KGMU Medical University, Lucknow, under the aegis of Vijay Shree Foundation. His daughter, Nicolle Verma, inaugurated the shelter.
During the event, Foodman Vishal Singh honored Nicolle Verma by presenting her with a memento. Mrs. Nidhi Sharma and Avantika Yadav, associated with the organization, welcomed her with garlands. Following this, Nicolle Verma distributed essential items to the attendants and also handed out fruits. She became emotional remembering her grandmother on her birth anniversary.
On this occasion, she also inaugurated the “Veena Verma Sevalaya” in memory of her grandmother, Veena Verma, to serve the attendants. She expressed, “I feel proud that my family is engaged in nation-building as well as social service. Today, in collaboration with Vijay Shree Foundation founder Foodman Vishal Singh Ji, I feel immensely proud to dedicate this shelter for the poor, helpless, and needy attendants of patients battling serious illnesses like cancer. I am honored to be associated with the Hunger-Free World Mission for humanity.”
Inspired by the continuous humanitarian service provided by Vijay Shree Foundation over the past 17 years, Nicolle Verma donated 10 lakh rupees to support the cause. The purpose of this donation is to ensure that services continue for the needy attendants of patients suffering from severe illnesses in hospitals, as facilitated by Foodman Vishal Singh.
It is noteworthy that Dr. Abhishek Verma’s family has a legacy of public and philanthropic service. They are helping millions to carry forward the values and service work of their parents. On the occasion of his mother’s birth anniversary, Dr. Abhishek Verma dedicated this state-of-the-art permanent shelter at Lucknow Medical College to serve the attendants of patients through the Vijay Shree Foundation.
Supporting Foodman Vishal Singh’s Hunger-Free World mission, Dr. Abhishek Verma assured that he would continually support keeping this flame of humanity alive. He also promised to assist in providing medicines to the helpless patients.
Continuing her grandmother’s legacy of service, Nicolle Verma personally served food to the needy patients and attendants. She said, “It is our good fortune to have received the joy of doing this noble work today through Foodman Vishal Singh. I have taken another step forward in carrying my family’s values and cooperation by joining hands with the Vijay Shree Foundation. My father taught me to serve and help the needy, and I feel happy when I bring a smile to someone’s face.”
On the birth anniversary of the late Veena Verma, the event organizer, Vijay Shree Foundation founder Foodman Vishal Singh, said, “We feel proud and happy that Dr. Abhishek Verma, a globally renowned business tycoon, has extended his support to uplift our country from the hunger index. Today, on his mother’s birth anniversary, he inaugurated a state-of-the-art permanent shelter at Lucknow Medical College, which will always be helpful for the needy attendants of patients. It is a pleasure for me and the organization to receive the affection of Mr. Verma.”
The event was attended by General Manager Verma Family Office Hemant Garg, Sonu Rajput, and the organization’s volunteers, including Sandeep Singh, Parmeshwar Ji, Prashant Rao Gautam, Balram Singh, Ramesh Chaudhary, Suman, Jeetu, Anil, Suraj, Vinay, Manish Bhadauria, Manas Mehrotra, Vivek, Apurv, Happy, and others.