India Emerging As New Factory of World as a Land of Infinite Innovations: Prime Minister Narendra Modi
India is emerging as the new factory of the world and as a land of infinite innovations, said Prime Minister Narendra Modi on Saturday. Speaking at a media event, the Prime Minister noted that the âworld is keenly watching 21st-century Indiaâ to learn and understand how the country is able to manufacture from semiconductors to aircraft carriers.
New Delhi, March 1: India is emerging as the new factory of the world and as a land of infinite innovations, said Prime Minister Narendra Modi on Saturday. Speaking at a media event, the Prime Minister noted that the âworld is keenly watching 21st-century Indiaâ to learn and understand how the country is able to manufacture from semiconductors to aircraft carriers.
From long being known as the back office, âIndia is now becoming the new factory of the worldâ, the PM said, adding that the country âis not just a workforce but a world-force". He highlighted that the country, which once imported many products, is now "emerging as a major export hub" -- from turmeric to coffee, to millets and makhana (fox nuts). PM Narendra Modi To Be on 3-Day Gujarat Tour From Today Following BJPâs Victory in Stateâs Local Body Elections; Hold Key Meetings.
PM Narendra Modi Addresses NXT Conclave in Delhi
Addressing the NXT Conclave in Delhi. @nxt_conclave https://t.co/kdcwYCuxYU
â Narendra Modi (@narendramodi) March 1, 2025
India's mobile phones, Defence, and electronic products, and medicines are also gaining global recognition, he said. PM Modi noted that farmers, who were once limited to local markets, are now reaching global markets with their produce. He said this citing the increasing global demand for Pulwama's snow peas, Maharashtra's Purandar figs, and Kashmir's cricket bats.
"India's Defence products showcase the strength of Indian engineering and technology to the world," the PM said. âFrom electronics to the automobile sector, the world has witnessed India's scale and capability.
âIndia is not only providing products to the world but is also becoming a trusted and reliable partner in the global supply chain,â he said. PM Modi further mentioned that due to âyears of hard work and systematic policy decisionsâ India is now leading several global initiatives.
This includes the recent AI Action Summit in France, where India was the co-host and will now take on the responsibility of hosting it; the successful G-20 summit during its presidency, where the India-Middle East-Europe Corridor was introduced as a new economic route.
The PM mentioned that India has given a âstrong voice to the Global South and prioritised the interests of island nationsâ. The country has also undertaken initiatives to address the global climate crisis, with the Mission LiFE vision; the International Solar Alliance, and the Coalition for Disaster Resilient Infrastructure.
âThe land that gave the world the concept of zero, is now becoming the land of infinite innovations,â said the Prime Minister, while highlighting how India is creating solutions that are affordable, accessible, and adaptable. This includes a secure and cost-effective digital payment system via the UPI (Unified Payments Interface) system, and vaccines during the deadly Covid-19 pandemic. PM Narendra Modi Says âToday, the World Trusts Indiaâs Governance Which Is Constantly Reformingâ.
He also highlighted Indiaâs prowess in sectors like automobile, space and emerging technologies such as AI. âIndia is moving forward with the resolve to become a developed nation in the next 25 years,â said PM Modi.
(The above story first appeared on LatestLY on Mar 01, 2025 02:37 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
