Prime Minister Narendra Modi has launched the ambitious 'Make in India' campaign. It is aimed at making India a manufacturing hub by attracting foreign companies to set up their manufacturing units.

Make in India will act as a first reference point for guiding foreign investors on all aspects of regulatory and policy issues and assist them in obtaining regulatory clearances. The move is aimed at generating huge employment opportunities in the country besides boosting trade and economic growth.Hundreds of global and domestic CEOs attended the function.

In his Independence Day speech, Mr Modi had appealed to people the world over to come and manufacture in India and sell in any country of the world. Mr Modi had asserted that India has the skill, talent, discipline and determination.

Earlier, Commerce and Industry Minister Nirmala Sitharaman has said government wants to make India a global destination for manufacturing and it has a huge potential to be so.

Speaking at a function to launch Make India Campaign in New Delhi today, she said government is determined to push the share of manufacturing in GDP to 25 per cent from the present 15 per cent.

She said government has identified 25 sectors in which India can become a global leader. Ms Sitharaman said a series of measures are being taken to ease doing business. She said the government is fully committed to de-licensing, deregulating and taking India to high growth trajectory. She said labour laws are also being amended.