Page 39 - NIS English 16-30 September, 2025
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ET World Leaders Forum | ECONOMY






           India Meeting Global                              reached an all-time high. India’s solar PV module
                                                             manufacturing capacity was around 2.5 GW in the
           Needs With Self-Reliance…                         year  2014,  while  at  present  it  has  reached  1000
                                                             GW. Delhi airport has also entered the elite Hun-
                                                             dred-Million-Plus  Club  of  global  airports.  Today,
                        India’s electronics exports
                                                             the annual passenger handling capacity of this
                          Around                             airport is over 100 million. Only six airports in the
                        ₹35,000          It has now          world are part of this exclusive group.
                         crore was      increased to           Referring to a common phrase, ‘missing the bus’,
                       recorded in the    ₹3.25              PM  Modi  said  that  if  opportunities  are  not  taken
                        65 years after   lakh crore          advantage of, they slip away. India’s previous govern-
                       Independence.                         ments  missed  many  such  opportunities  in  the  field
                                                             of technology and industry. He said that this is not a
                     India’s automobile exports              criticism of anyone, but in a democracy, comparative
                                                             analysis often helps to clarify the situation more ef-
                         Now it has                          fectively. After 2014, India changed its approach and
          Earlier Around   increased to                      now resolved not to miss any opportunity. India not
          ₹50,000          ₹1.5                              only built Made-in-India 5G but also deployed it across
           crore a year.  lakh crore                         the country at the fastest pace. Now India is working
                          in a year                          rapidly on Made-in-India 6G technology. Semiconduc-
                                                             tor-related factories are being set up in India. India’s
           n India is set to achieve another milestone by    goal  is  to  move  forward  with  a  long  leap.  PM  Modi
              exporting electric vehicles to 100 countries   said that reforms in India are neither driven by any
                                                             compulsion nor by any crisis. Reforms are a reflection
           n Expenditure on research and development has     of  India’s  commitment  and  conviction.  Referring  to
              more than doubled compared to 2014, while the
              number of patents filed has increased 17 times  major steps such as repealing unnecessary laws and
                                                             simplifying rules and procedures, he said that pro-
           n India meeting global needs with self-reliance…  cesses and approvals are being digitised. Many provi-
           n A research development and innovation scheme    sions are being decriminalised. Work is being done to
              worth Rs 1 lakh crore has been approved.       simplify the GST system, which will also reduce prices.
           n Last year, India exported agricultural products   India is fully committed to becoming a devel-
              worth Rs 4 lakh crore.                         oped nation by 2047. The foundation of developed
                                                             India is self-reliant India, and it should be evaluat-
           n Out of 800 crore vaccine doses globally last    ed on three criteria…speed, scale and scope. India
              year, 400 crore were manufactured in India.
                                                             performed  well  in  all  these  three  areas  during
                                                             the  global  pandemic.  During  this  time,  when  the
                          India’s Space Missions
                                                             demand for essential commodities suddenly
                       Conducted         Completed           increased and global supply came to a halt, India
                      42 missions      more than 60          took many decisive steps to manufacture essential
                          from          missions in the      goods  domestically.  The  world  is  also  looking  at
                      1979 to 2014.     past 11 years.       India’s speed, scale and scope in the energy sector.

                                                             India set a target of generating 50 per cent of its
                          India had only one
                          space startup in                   total power capacity from non-fossil fuel by 2030,
                          2014, while today   300            which was achieved five years ahead of schedule.n
                          there are more than                                   Scan the QR code to see the complete
                                                                                program of  the Prime Minister

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