The Make In India week, held in Mumbai, attracted several foreign and national investors alike. The country's biggest event saw a total of USD 227 billion in investment commitments.

Prime Minister Narendra Modi had on February 13 inaugurated the maiden Make in India Week at the MMRDA Grounds in Central Mumbai.

The government’s effort to create jobs by increasing the share of manufacturing to GDP to 25% over the next decade, from the 16-17% now, brought good news as the event was termed successful with several states procuring good investments.

Jharkhand signed MoUs for Rs 62,000 crore which includes setting up of two thermal plants, Gujarat bagged investments worth over Rs 700 crore, Karnataka got Rs 9700 crore for renewable energy, food processing, textile and electronic manufacturing sectors, among others.

Below are the highlights of the sectors which attracted investors:

Manufacturing: After Thailand and Vietnam being the popular destinations for manufacturing electronics, investors now have turned towards India where the market for electronics promises to be $400 billion by 2020.

Rs 1.15 lakh crore has been committed to electronics manufacturing. A Japanese and South Korean consortium will be setting up a microchip manufacturing plant in Madhya Pradesh at an investment of $1.2 billion. Foxconn, which manufactures Apple’s iPhones, plans to set up seven factories in India, two are ready at Sriperembadur near Chennai and Sri City in Andhra Pradesh.

Technology: Indian Space Research Organisation has invited private companies for manufacturing space and satellite components by assisting them with technology transfer and infrastructure to help incubate a space industry in India. Other than that, US fighter jet maker Lockheed Martin said it is ready to manufacture F-16 aircraft in India.

Employment: With the government’s push to manufacturing, job placement firms expect generation of new employment opportunities in the next few months. The government expects to create 100 million new jobs by 2022.

It has identified 25 sectors that would get incentives-support and has promised to align policies to boost investments in them. The sectors that would get a government push include those requiring moderate to low skills such as construction, textiles, food processing, and skill-intensive sectors such as aviation, defence equipment manufacturing and electronics.

Renewable Energy: Power and Renewable Energy Minister Piyush Goyal announced, “Twenty-five additional solar parks will be added in India.” The minister said India's ambitious target of generating 175 gigawatt power by 2022 from renewable sources, includes 100 GW from solar, 60 GW from wind, 10 GW from biomass and 5 GW from small hydroelectric projects.

As per the CII’s tweet, Rajesh Adani announced that Adani Group is planning to set up a 1600MW Greenfield Thermal Plant in Jharkhand at Rs 15000cr.

Infrastructure: Minister of Roads and Highways Nitin Gadkari has announced policies for developing logistics hubs using 350 ring roads; development of 2,000 ports along 14,000 km of coast and introduction of e-tolling across 360 toll plazas.

Gadkari said that the money was not a problem in rolling out the project but issues relating to the system needed to be speedily sorted. The minister also said he hoped the finance minister would allocate Rs 65,000 crore for roads, highways, ports and shipping in the coming Budget from the present Rs 45,000 crore.

Besides, Gadkari said his ministry had firmed up plan for developing of 2,000 ports in five years. “The tenders will be issued by the end of 2016 for the Wadhavan (Maharashtra), Colachel (Tamil Nadu) and Sagar (West Bengal) ports. This apart, the ministry will spend Rs 18,000 crore on the expansion of 12 ports.”

Apart from this, the Ministry of Shipping, Government of India, will provide a unique global platform for investors to explore business opportunities in the Indian Maritime Sector which will be held from April 14-16, 2016.