What are the key features of India emerging as a global manufacturing hub as highlighted by PM Modi
Exploring the factors and implications of India's growing stature as a global manufacturing hub according to PM Modi's statements.
- Infrastructure Development: PM Modi emphasized on the significant improvement in infrastructure to attract manufacturing companies.
- Making in India Initiative: A key focus on promoting domestic manufacturing through initiatives like 'Make in India' to boost exports.
- Skill Development: Prioritizing skill development programs to meet the demand for skilled labor in manufacturing industries.
- Technological Advancements: Encouraging adoption of advanced technologies to enhance productivity and global competitiveness.
- FDI Incentives: Offering attractive incentives and ease of doing business to attract foreign direct investments in the manufacturing sector.
Answered
8 months ago