Page 76 - Mann Ki Baat - English
P. 76
Hon’ble Prime Minister himself, deeply integrate with GVCs, set
companies have built some of up large-scale manufacturing
the largest factories in India, units, and increase domestic
employing a large number of value addition with a key
workers. emphasis on exports. This
These achievements requires streamlining policies
stem from a conducive policy and initiatives across all levels
environment – enabled by to foster economic prosperity,
a ‘Whole of Government’ technological advancement,
and sustainable developments.
approach and close
To elevate our global
collaboration between industry
technological position, we must
and key government ministries.
enhance MII by integrating
The Prime Minister has
innovation and design –
laid out an ambitious vision
moving beyond assembly to
of Viksit Bharat– making India
become a hub for cutting-
into a ‘Developed Economy’ by
edge product development
2047 where the manufacturing
and intellectual property
industry holds strategic
creation. Manufacturing alone
importance – contributing over
is not sufficient; by fostering an
25% to GDP. India’s focus now is to
environment that encourages
R&D, we can enhance our value
proposition in the global market.
By nurturing 'Make and Design
in India', we aim to nurture
robust hardware and software
ecosystems, leveraging
advanced technologies like
AI, Machine Learning, and
Blockchain to revolutionise
product design and create
innovative business models.
Let the initiative of MII
and Aatmanirbhar Bharat be
our guiding light as we move
forward—to elevate India's
manufacturing prowess to such
heights that we shape not just
our own destiny but the future
of the global economy.
72
72
