PM Modi Urges Investors and Innovators to Seize “Make in India” Opportunities at India Mobile Congress
Prime Minister Narendra Modi on Wednesday emphasized India’s potential as a global manufacturing and innovation hub, urging industries, startups, and innovators to invest across sectors...
Prime Minister Narendra Modi on Wednesday emphasized India’s potential as a global manufacturing and innovation hub, urging industries, startups, and innovators to invest across sectors ranging from mobiles and electronics to semiconductors.
Speaking at the India Mobile Congress in New Delhi, Modi highlighted the government’s ongoing reforms and investor-friendly policies that have bolstered India’s image as a destination for global investment.
“This is the best time to invest, innovate, and make in India,” the Prime Minister said, stressing that reforms announced earlier this year are being accelerated to create new opportunities.
Reforms and Market Opportunities
Modi pointed to recent policy measures, including the rationalization of GST rates, which have lowered prices for everyday products such as shampoos and television sets, as evidence of the government’s commitment to business facilitation.
He identified semiconductors, mobile devices, and electronics manufacturing as sectors ripe for growth and innovation, inviting the industry and startups to step up their participation.
India’s Digital Leap
Highlighting India’s digital transformation, Modi noted that 1 GB of wireless data now costs less than a cup of tea, making digital connectivity accessible to millions.
“Digital connectivity in India is no longer a privilege; it is an integral part of every Indian’s life,” he said, pointing out that India boasts the world’s fastest-growing developer population and the second-largest telecom and 5G markets.
The Prime Minister also showcased India’s Made in India 4G Stack, an indigenous technology achievement that positions the country among only five nations worldwide with this capability.
“The country that once struggled with 2G now has 5G connectivity reaching nearly every district,” Modi added, underscoring India’s rapid technological progress.
Implications for Investors and Startups
Analysts say Modi’s remarks reinforce India’s strategy to attract foreign and domestic investment in high-tech manufacturing and digital services. The push for indigenous technology development and ease-of-doing-business reforms could enhance India’s competitiveness in global supply chains, particularly in electronics and telecom sectors.