Discuss the significance of India emerging as a global manufacturing hub according to PM Modi.
PM Modi highlighting India's role as a global manufacturing hub.
- Boost to economy: India's emergence as a global manufacturing hub would provide a significant boost to the country's economy by creating job opportunities, attracting investments, and increasing exports.
- Enhanced global presence: Being a manufacturing hub would enhance India's global standing and strengthen its position in international trade.
- Technological advancements: Increasing manufacturing activities would drive technological advancements and innovation in various sectors, contributing to overall progress and development.
- Supply chain resilience: A robust manufacturing sector in India would enhance supply chain resilience, making the country less dependent on imports and more self-reliant.
- Strategic advantage: Building a strong manufacturing base would provide India with a strategic advantage in various industries, shaping its future growth and development.
Answered
8 months ago