Indian Economy News

India now emerging as factory of world: Prime Minister Mr. Narendra Modi

  • IBEF
  • March 3, 2025

Prime Minister Mr. Narendra Modi stated on Saturday that his “Vocal for Local” campaign yielded results as Indian products expand globally and establish a strong presence. Speaking at the NXT Conclave during the launch of the 'NewsX World' channel, he highlighted how India, once seen as the world’s back office, is now emerging as a global manufacturing hub. He emphasised that India is not just a workforce but a "world force."   

He noted that India produces semiconductors and aircraft carriers while superfoods like makhana and millets, Ayush products, and yoga are gaining worldwide recognition. He highlighted India's growing role as a major automobile manufacturer and its rising defence exports. Stressing the importance of authentic storytelling, he said India should be presented as it is, without distortions. He asserted that the National Democratic Alliance’s (NDA) third-term victory reflects public trust and expressed confidence that India's new global news channel would showcase the nation’s achievements. He also underscored India’s leadership in global initiatives, citing the recent Artificial Intelligence (AI) summit and India’s G20 presidency. Referring to the Maha Kumbh, he praised India's organisational and innovative capabilities. He further pointed out that his government has repealed obsolete laws, including a British-era law criminalising group dancing, while criticising those who remained silent on such outdated regulations. 

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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