PM Modi Asserts India's 'Make In India, Make For the World' Vision at BRICS Retreat

As the BRICS Leaders Retreat unfolds, Prime Minister Narendra Modi underscores India's global aspirations and commitment to economic growth. The gathering of leaders from Brazil, Russia, China, South Africa, and India seeks to harness the BRICS platform for effective global problem-solving.

PM Modi's Vision: 

Make in India, Make for the World': Prime Minister Modi reiterates India's economic vision with the mantra 'Make in India, Make for the World'. He highlights India's remarkable progress in sectors like IT and semiconductors, aligning with a global outlook. This vision also encompasses women's empowerment as a pivotal component.

Unity at the Retreat:

Welcomed by South African President Cyril Ramaphosa, PM Modi joins leaders from Brazil, China, and Russia. This diverse gathering aims to address and find solutions to pressing global challenges through leveraging the BRICS platform.

Driving Impact through Trust and Transparency:

In a special message at the BRICS Business Forum, PM Modi emphasizes the transformative power of mutual trust and transparency, particularly within the Global South. He asserts India's role as a growth engine, propelled by embracing challenges as opportunities for economic reforms.

Technological Leaps and Economic Progress:

PM Modi highlights India's significant strides in financial inclusion through technology, with rural women being the primary beneficiaries. India's economy has grown steadily over the past nine years, and it remains the fastest-growing major economy, poised to reach the $5 trillion mark.

Digital Transformation:

UPI and Startup Ecosystem:

The Prime Minister underscores the digital transformation sweeping India, exemplified by the widespread adoption of Unified Payments Interface (UPI). With the third-largest startup ecosystem globally, India is attracting investments and fostering innovation across sectors.

Towards Sustainable Growth:

Infrastructure and Renewable Energy:

PM Modi envisions India as a hub for green hydrogen and renewable energy, with rapid highway construction and a thriving market for these sustainable initiatives. He extends an invitation to global leaders to join India's journey towards mutual trust and transparency.

Enhancing Public Sector and Ease of Doing Business:

The Prime Minister affirms India's focus on enhancing public sector performance and streamlining the ease of doing business. Mission-oriented efforts have led to significant improvements in the ease of conducting business in India.

BRICS and Global South:

Uniting for Change: PM Modi acknowledges BRICS as a platform for cooperation, spanning various sectors. The alliance's discussions encompass development priorities and the reformation of the multilateral system, reflecting its broader impact on the Global South.

Some relevant and latest facts about the news article you shared:

• India is the fastest-growing major economy in the world, with a growth rate of 8.7% in 2022-23. This is expected to continue in the coming years, making India a $5 trillion economy by 2024-25.
• India has a large and growing startup ecosystem, with over 60,000 startups in the country. This makes India the third largest startup ecosystem in the world, after the United States and China.
• India is a major investor in infrastructure, with plans to invest $1.4 trillion in infrastructure over the next five years. This will create new opportunities for businesses and investors in the infrastructure sector.
• India is a major producer of renewable energy, with plans to generate 175 GW of renewable energy by 2022. This makes India a major player in the global renewable energy market.

Conclusion:

Prime Minister Narendra Modi's presence at the BRICS Leaders Retreat underscores India's commitment to global collaboration and sustainable growth. His visionary outlook resonates as he articulates India's role as a catalyst for positive change within the BRICS community and the broader international arena.