Blitz Bureau
NEW DELHI: Prime Minister Narendra Modi on March 3 said the world is actively seeking reliable and resilient manufacturing partners and India can play this role strongly amid shifting global dynamics. Addressing a post-Budget Webinar, focusing on the theme of “Sustaining and Strengthening Economic Growth”, PM Modi urged stakeholders to invest with confidence, adopt cutting-edge technology, make significant investments in research, and maintain global quality standards.
PM Modi observed that as global supply chains are getting re-shaped, India’s robust economy has become a beacon of hope for the world. “The rapid progress of the economy is a massive foundation for a Viksit Bharat,” he remarked.
Touching on Free Trade Agreements (FTAs), the Prime Minister stated that these agreements have opened doors of opportunity, placing a renewed responsibility on the Indian industry to emphasise quality. He stressed the need to research the preferences and comfort of international consumers to create user-friendly products. “Only then will we be able to take advantage of the opportunities that are being created by Free Trade Agreements”, the Prime Minister remarked.
Reaffirming the government’s clear vision and clear resolution, the Prime Minister reiterated the core mantras of “Build more, produce more, connect more, and export more.”
Regarding the MSME sector, PM Modi noted that recent classification reforms have removed the fear of expansion among small enterprises. While the government continues to facilitate credit access and technology upgrades, he stressed that the real impact depends on MSMEs entering global competition. “Now is the time for MSMEs to further increase their productivity, raise their quality standards, and connect with digital processes and strong value chains,” PM Modi emphasised.
