Promising investors easier licensing and clearance processes, as well as transparent taxation, Prime Minister Narendra Modi said on Saturday that in the year since its launch, Make in India had become the biggest brand ever created in the country. “On the fronts of policy and procedure, we have made our systems cleaner, simpler, proactive and business-friendly,” he said. Modi was addressing heads of state, business leaders and foreign delegates, after inaugurating the Make in India week and a centre in Mumbai designed to boost India’s manufacturing sector, PTI reported.

At a time when global Foreign Direct Investment dropped considerably, FDI inflow in India rose 48% since his government came to power in May 2014, Modi said. He added that India contributed 12.5% to global growth in 2014-15, which is 68% higher than its share of the world economy. He also highlighted India’s improved global rankings in various indices to encourage investments, particularly in infrastructure.

Referring to the recent climate change talks in Paris, the prime minister said India had “made a commitment to the world community” to cut down its carbon footprint. He also mentioned the Digital India and Skill India campaigns and funding schemes dedicated to promoting entrepreneurship, saying that with 65% of the population under 35, the country’s “youthful energy” was its greatest strength.