📷 Image: Wikimedia Commons / Prime Minister's Office
Business
PM Modi says India ready to meet new global manufacturing challenges
✍️ News On AIR
🗓 18 Sep 2026, 03:31 AM
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Prime Minister Narendra Modi declared that India is a reliable and prepared destination for manufacturers facing evolving global demands.
New Delhi, September 17 — Prime Minister Narendra Modi asserted that India is positioned as a dependable hub for manufacturers confronting the latest global challenges. In remarks delivered at a recent industry forum, Modi highlighted the country's robust infrastructure, skilled workforce, and policy reforms aimed at streamlining production.
He emphasized that recent initiatives, such as the Production Linked Incentive (PLI) schemes and improvements in logistics, have enhanced India's attractiveness for foreign and domestic investors alike. The prime minister also pointed to the nation's growing export share in sectors like electronics, automotive components, and pharmaceuticals.
Modi urged global firms to consider India not just as a low‑cost alternative, but as a strategic partner capable of delivering quality, innovation, and resilience in supply chains. The statement aligns with the government's broader "Make in India" agenda, which seeks to boost manufacturing output and job creation over the next decade.
Analysts noted that while the optimism is welcomed, sustained progress will depend on consistent policy implementation and addressing challenges such as land acquisition and skill gaps. Nonetheless, the prime minister's confidence signals a continued push to elevate India's role in the global manufacturing ecosystem.
He emphasized that recent initiatives, such as the Production Linked Incentive (PLI) schemes and improvements in logistics, have enhanced India's attractiveness for foreign and domestic investors alike. The prime minister also pointed to the nation's growing export share in sectors like electronics, automotive components, and pharmaceuticals.
Modi urged global firms to consider India not just as a low‑cost alternative, but as a strategic partner capable of delivering quality, innovation, and resilience in supply chains. The statement aligns with the government's broader "Make in India" agenda, which seeks to boost manufacturing output and job creation over the next decade.
Analysts noted that while the optimism is welcomed, sustained progress will depend on consistent policy implementation and addressing challenges such as land acquisition and skill gaps. Nonetheless, the prime minister's confidence signals a continued push to elevate India's role in the global manufacturing ecosystem.