India launches campaign to boost manufacturing

Flanked by some of India’s wealthiest businessmen, Prime Minister Narendra Modi launched a campaign to entice investment and promote the country as the world’s next cheap labor economy, according to The Associated Press.

Dubbed the Make in India campaign, the project is one of Modi's largest goals. Since becoming prime minister in a landslide election victory four months ago, Modi has been doggedly promoting India as the world’s next manufacturing powerhouse. That’s a title long held by China, which is now growing wealthier and trying to become a consumer economy.

“The whole world is ready to come here,” Modi said.

Read more from The Associated Press.