PM Modi Outlines India's Economic Trajectory and Commitment to Innovation
Key Ideas
- PM Modi emphasizes India's progress towards a USD 5 trillion economy and commitment to domestic value addition.
- The Prime Minister highlights the importance of innovation in services, quality products, and green technology sectors like green hydrogen for India's economic advancement.
- Modi addresses infrastructure development, connected infrastructure, and plans for expanded petrochemical sector development and industrial parks in Odisha.
- The conclave focuses on economic opportunities, including strengthening trade relations with ASEAN countries and upcoming events to boost India's global influence in the creative industry.
During the 'Utkarsh Odisha, Make in Odisha Conclave' in Bhubaneswar, Prime Minister Narendra Modi outlined India's economic trajectory, stressing the country's proximity to achieving a USD 5 trillion economy goal. Modi condemned the practice of exporting raw materials and importing finished products, advocating for robust domestic value chains. He highlighted the significance of innovation in services and product quality, pointing to green technology sectors like green hydrogen as essential for India's economic growth. The Prime Minister also discussed infrastructure development and announced plans for expanded petrochemical sector development and industrial parks in Paradip and Gopalpur. Additionally, Modi focused on strengthening trade relations with ASEAN countries, identifying potential in concert economy and conference tourism. The conclave, attended by key industrialists, emphasized emerging economic opportunities and India's increasing influence in the global creative industry, with upcoming events like the World Audio Visual and Entertainment Summit showcasing the nation's creative prowess.
Topics
India
Innovation
Green Technology
Infrastructure Development
Economic Growth
Investment Destination
Trade Relations
Industrial Ecosystem
Creative Industry
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