VOL NO REGD NO DA 1589

Sunday, March 12, 2006

HEADLINE

POLITICS & POLICIES

METRO & COUNTRY

MISCELLANY

EDITORIAL

LETTER TO EDITOR

COMPANY & FINANCE

BUSINESS & FINANCE

TRADE/ECONOMY

LEISURE & ENTERTAINMENT

MARKET & COMMODITIES

SPORTS

WORLD

 

FE Specials

FE Education

Urban Property

Monthly Roundup

Saturday Feature

Asia/South Asia

 

Feature

13th SAARC SUMMIT DHAKA-2005

WOMEN & ECONOMY

57th Republic Day of India

US TRADE SHOW

 

 

 

Archive

Site Search

 

HOME

BUSINESS & FINANCE
 
India to be made global manufacturing hub in textiles, leather
3/12/2006
 

          NEW DELHI, Mar 11 (PTI): Replicating the revolution in auto industry, the Indian Government Friday said it will make India a global manufacturing hub in other sectors like textiles, leather, petroleum, food processing and handicraft.
"We will become a global manufacturing hub for small cars in the next 3-5 years," Finance Minister P Chidambaram said adding "we would emulate this success story in other sectors to become top global three manufacturing centres."
Winding up the discussion in the Lower House on the general budget, Chidambaram said one talks of Industrial and French revolutions but the auto revolution that is unfolding in the country has gone unnoticed for many.
"If every second toy and third shoe in the world are made in China, why can't we emulate these examples," he said asking people to throw away "ideological and political blinkers" while promising all help in this endeavour.
Asserting that growth alone was the best antidote to poverty, Chidambaram said the Government has been able to allocate more resources for its flagship programmes and infrastructure due to over Rs 500 billion additional revenue mobilisation annually without coercive tax measures.

 

 
  More Headline
Kalam favours Indo-Myanmar trade volume at $2.0 billion
US budget deficit hits monthly record of $119.2b
US, UAE postpone trade talks after DP World furore
Japan to reopen free trade talks with ASEAN in April
Microsoft warned of still not complying with anti-trust ruling
India to be made global manufacturing hub in textiles, leather
Russia, Algeria sign debt, warplanes deals on Putin visit
IT expo to be held in Nepal
Temasek to complete takeover of Shin Corp by March 14
India's rich richer than China: Forbes
 

Print this page | Mail this page | Save this page | Make this page my home page

About us  |  Contact us  |  Editor's panel  |  Career opportunity | Web Mail

 

 

 

 

Copy right @ financialexpress.com