Prime Minister Narendra Modi's 'Make in India' campaign found a big fan in General Electric chairman Jeffery Immelt, who said the government's flagship thrust was material to the US firm. Immelt was positive on the Modi government's efforts to create an environment in the ease of doing business.
Immelt termed India as Asia's growth driver, adding that the country offered a whole lot of room in manufacturing now compared to previous years.
The firm this year announced a $200 million investment in the multi-modal manufacturing facility in Pune. This facility delivers localised products and solutions to Indian customers while also feeding GE's global supply chain.
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