Prime Minister Narendra Modi on Tuesday asked the industry not to be a “mere spectator” and take advantage of the opportunities available in the global supply chain.Highlighting India’s role as a growth engine for the global economy, Modi urged industries to innovate and integrate into global supply chains.
“Today India provides stable policies and a better business environment. I urge you to take big steps to advance the country’s manufacturing and exports,” he said at a Post-Budget webinar on Regulatory, Investment and Ease of Doing Business Reforms.
Modi said industry should look for manufacturing innovative products using R&D which has demand overseas, and this will push exports.
“Today the world needs a trusted partner… Industry should not be a mere spectator, should seek opportunity in the global supply chain: Modi said, adding today India has become a growth engine for the global economy… The country has proved its resilience during hard times also.