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Make in India Is Extremely crucial: Prime Minister Narendra Modi

Prime Minister Narendra Modi stated today that ‘Make in India’ is the necessity of the hour, and he urged businesses to minimise reliance on imports and increase domestic production.

 

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He asked the sector to reduce imports of commodities that might have been made in India.

 

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Today, the world looks to India as a manufacturing powerhouse, Prime Minister Modi stated during a webinar on ‘Make in India for the World.’

 

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The initiatives in the Budget for ‘Aatmanirbhar Bharat’ and Make in India, according to the Prime Minister, are critical for the industry and the Indian economy.

 

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The Make in India initiative is a must for 21st-century India, and it provides a chance to demonstrate our potential, according to PM Modi, who added that we must strive tirelessly to establish a strong manufacturing base.

 

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Make in India is essential in industries such as electric cars, specialty steel, and medical equipment, according to the Prime Minister. He also stated that the openness of the coal, mining, and defence sectors has created enormous prospects for enterprises.

 

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In their product advertising, the industry should emphasise ‘vocal for local’ and ‘Make in India.’ PM Modi stated that India has a large pool of youthful talent and skilled labour that may be utilised to boost Make in India.

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