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Imagine a world where every country is looking towards one nation as its most trusted partner. That nation is India! Prime Minister Narendra Modi has urged Indian industries to seize this golden opportunity to shine on the global stage. The world is currently experiencing economic and geopolitical uncertainties, and India is being viewed as a “growth center.”
India has shown resilience even during challenging times. As supply chains are disrupted worldwide, countries are searching for a reliable partner to produce high-quality goods. The question is—are Indian industries ready to take up the challenge?
Modi’s message to industries is simple: Don’t just watch; step up and take action!
To help industries take big strides, the government has introduced multiple reforms:
With these initiatives, India is creating a friendly and stable environment for businesses to grow.
Micro, Small, and Medium Enterprises (MSMEs) are the backbone of India’s economy. But what’s the biggest challenge they face? Access to loans! Ten years ago, MSMEs received loans worth Rs 12 lakh crore. Today, that amount has surged to Rs 30 lakh crore.
With these steps, small businesses will not just survive but thrive!
Do you know that India is already famous for its expertise in toy manufacturing, footwear, and labor-intensive industries? But to truly become a global leader, innovation, and research are crucial.
PM Modi has encouraged industries to focus on:
With the right mix of tradition and technology, India can emerge as a global champion in manufacturing.
India is a vast country, and states play a crucial role in attracting investments. The Prime Minister urged states to improve their business policies and compete among themselves. Why? Because companies always prefer states with progressive policies and better ease of doing business.
The world is looking at India as a trusted partner in global supply chains. Every country wants to strengthen its economic ties with us. But will Indian industries take this opportunity seriously? PM Modi believes they should not be passive spectators but active players in this transformation.
India’s economy is on the rise, and the world is watching. The government has laid the foundation with supportive policies, easier regulations, and financial support. Now, it’s time for businesses to step up, innovate, and take India’s manufacturing and exports to the next level.
Authored by, Amay Mathur | Senior Editor
Amay Mathur is a business news reporter at Chegg.com. He previously worked for PCMag, Business Insider, The Messenger, and ZDNET as a reporter and copyeditor. His areas of coverage encompass tech, business, strategy, finance, and even space. He is a Columbia University graduate.
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