Releasing the manifesto on the first phase of the Lok Sabha election, party leader Murli Manohar Joshi said.

"We have chalked out a plan to improve the economic situation in the country in the manifesto. As far as infrastructure is concerned, improving manufacturing is important and it needs to be export oriented. We need to build a Brand India," said Joshi.

"The sooner we do it the better it would be to generate more jobs," he added.

On Foreign Direct Investment (FDI), the Bharatiya Janata Party (BJP) leader said barring FDI in multi-brand retail, the party was not opposed to the FDI as it will create employment.

The party's manifesto also said that freight and industrial corridors would be developed and the coastal areas network development will be done through 'sagar mala' project. The party also promised to set up small, medium enterprises for women in each district.

Oil and gas explorations also would be expedited in the country, which will help reduce import bill, the manifesto promised. Markets which were trading slightly higher ahead of the BJP releasing its manifesto dropped in trade, following the end of Rajanath Singh, the BJP President's speech.

With inputs from IANS