Getting error with the newly configured webpack 2 - reactjs

Question

I am trying to configure webpack 2 for my react development app. Seems like there is something I am missing below is my webpack.config.dev
import webpack from 'webpack';
import HtmlWebpackPlugin from 'html-webpack-plugin';
import path from 'path';
var ExtractTextPlugin = require('extract-text-webpack-plugin');
var loaders = [
{
loader: 'css-loader',
options: {
modules: true
}
},
{
loader: 'postcss-loader'
},
{
loader: 'sass-loader'
}
];
export default {
resolve: {
extensions: ['', '.js', '.jsx', '.json']
},
devtool: 'eval-source-map', // more info:https://webpack.github.io/docs/build-performance.html#sourcemaps and https://webpack.github.io/docs/configuration.html#devtool
entry: {
app: path.resolve(__dirname, 'src/index.js'),
vendor: ["react", "react-dom"]
},
target: 'web', // necessary per https://webpack.github.io/docs/testing.html#compile-and-test
output: {
path: path.resolve(__dirname, 'dist'), // Note: Physical src are only output by the production build task `npm run build`.
publicPath: '/',
filename: "[name].entry.chunk.js"
},
plugins: [
new webpack.optimize.CommonsChunkPlugin({ name: 'vendor', filename: '[name].[hash].js', }),
new ExtractTextPlugin("[name].css"),
new webpack.DefinePlugin({
'process.env.NODE_ENV': JSON.stringify('development'), // Tells React to build in either dev or prod modes. https://facebook.github.io/react/downloads.html (See bottom)
__DEV__: true
}),
new webpack.HotModuleReplacementPlugin(),
new webpack.NoErrorsPlugin(),
new HtmlWebpackPlugin({ // Create HTML file that includes references to bundled CSS and JS.
template: path.join(__dirname, './src/index.html'),
filename: 'index.html',
inject: 'body',
minify: {
removeComments: true,
collapseWhitespace: true
},
})
],
module: {
loaders: [
{test: /\.jsx?$/, exclude: /node_modules/, loaders: ['babel']},
{test: /\.eot(\?v=\d+.\d+.\d+)?$/, loader: 'file'},
{test: /\.woff(2)?(\?v=[0-9]\.[0-9]\.[0-9])?$/, loader: "url?limit=10000&mimetype=application/font-woff"},
{test: /\.ttf(\?v=\d+\.\d+\.\d+)?$/, loader: 'url?limit=10000&mimetype=application/octet-stream'},
{test: /\.svg(\?v=\d+\.\d+\.\d+)?$/, loader: 'url?limit=10000&mimetype=image/svg+xml'},
{test: /\.(jpe?g|png|gif)$/i, loader: 'file?name=[name].[ext]'},
{test: /\.ico$/, loader: 'file?name=[name].[ext]'},
{test: /(\.css|\.scss)$/, loader: ExtractTextPlugin.extract({
fallbackLoader: 'style-loader',
loader: loaders,
}) },
{test: /\.json$/, loader: "json"}
]
},
};
This is my github repo https://github.com/sourabh-garg/Webpack-2-starter-kit please clone it and and run npm install followed by npm start.
When I run it I get
ERROR in ./src/index.js
Module build failed: SyntaxError: Unexpected token (6:0)
render(
"<h1>Hello World!</h1>", document.getElementById('app')
);
Please let me know what I am missing.