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Speed and scale have to be increased to boost manufacturing, says Prime Minister Narendra Modi

Speed and scale have to be increased to boost manufacturing, says Prime Minister Narendra Modi at a Budget webinar on PLI

Enhanced manufacturing capacity increases job openings; govt has taken reform measures to boost manufacturing, said PM Modi

India wants to work with the same approach. Thus, our govt has brought one reform after another in this sector. We expect ‘zero effect, zero defect’: PM Modi

While speaking at Budget Webinar, Modi said, “We need to work together to bring production cost, quality and efficiency at par with international benchmarks.”

Our production costs, quality and efficiency of products should leave a mark in the global market and we must work together to make this possible. Our products must be user-friendly, most modern, affordable and sustainable, said PM Modi.

Modi said, “In the past, industrial incentives was in the form of an open-ended input based subsidy. Now, it has been transformed to a targeted, performance-based competitive process.”

 

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