{"id":2257,"date":"2026-08-16T20:24:10","date_gmt":"2026-08-16T14:54:10","guid":{"rendered":"https:\/\/breakingbharat24.com\/world-shunning-globalisation-need-strong-manufacturing-base-pm-modi\/"},"modified":"2026-08-16T20:24:10","modified_gmt":"2026-08-16T14:54:10","slug":"world-shunning-globalisation-need-strong-manufacturing-base-pm-modi","status":"publish","type":"post","link":"https:\/\/breakingbharat24.com\/hi\/world-shunning-globalisation-need-strong-manufacturing-base-pm-modi\/","title":{"rendered":"World shunning globalisation, need strong manufacturing base: PM Modi"},"content":{"rendered":"<p><strong>Globalisation in Flux: PM Modi Calls for Strong Manufacturing Base<\/strong><\/p>\n<p>In a recent address, Prime Minister Narendra Modi emphasized the need for a robust manufacturing base in India amidst a shifting global landscape. The statement comes at a time when many countries are re-evaluating their stance on globalisation, and India is seeking to position itself as a leader in the global economy.<\/p>\n<p><strong>A Shift in Globalisation<\/strong><\/p>\n<p>The world is witnessing a significant shift in globalisation, with many countries reassessing their trade policies and economic strategies. The COVID-19 pandemic has exposed vulnerabilities in global supply chains, leading to a renewed focus on self-sufficiency and localised production. This trend is evident in the United States, where President Joe Biden has introduced policies aimed at strengthening domestic manufacturing and reducing reliance on foreign imports.<\/p>\n<p><strong>India&#8217;s Open Economy<\/strong><\/p>\n<p>Prime Minister Modi has long sought to position India as an open economy, with a strong emphasis on trade and foreign investment. The government&#8217;s &#8220;Make in India&#8221; initiative, launched in 2014, aimed to attract foreign investment and promote domestic manufacturing. While the initiative has shown promise, India still lags behind other major economies in terms of manufacturing output.<\/p>\n<p><strong>The Need for a Strong Manufacturing Base<\/strong><\/p>\n<p>In light of the shifting global landscape, Prime Minister Modi has argued that India needs a strong manufacturing base to drive economic growth and reduce dependence on imports. This is particularly important in the context of the ongoing Russia-Ukraine conflict, which has disrupted global supply chains and driven up prices for essential commodities.<\/p>\n<p><strong>Investing in Infrastructure<\/strong><\/p>\n<p>To achieve its goal of a strong manufacturing base, the Indian government has been investing heavily in infrastructure development. The government has announced plans to invest over \u20b9100 lakh crore in infrastructure development over the next five years, with a focus on roads, railways, and ports. This investment is expected to improve the country&#8217;s logistics and transportation networks, making it easier for manufacturers to access raw materials and export their products.<\/p>\n<p><strong>Supporting Domestic Entrepreneurs<\/strong><\/p>\n<p>In addition to investing in infrastructure, the government has been working to support domestic entrepreneurs and small and medium-sized enterprises (SMEs). The government has introduced several initiatives aimed at promoting entrepreneurship, including the Startup India program and the Micro, Small and Medium Enterprises (MSME) Development Programme. These initiatives provide financial and non-financial support to entrepreneurs, helping them to access funding, talent, and markets.<\/p>\n<p><strong>A New Era for Indian Manufacturing<\/strong><\/p>\n<p>Prime Minister Modi&#8217;s call for a strong manufacturing base marks a new era for Indian manufacturing. With a focus on domestic production and self-sufficiency, India is poised to become a major player in the global economy. As the world continues to navigate the challenges of globalisation, India&#8217;s commitment to a strong manufacturing base is likely to pay dividends in the years to come.<\/p>\n<p><strong>Conclusion<\/strong><\/p>\n<p>In conclusion, Prime Minister Modi&#8217;s emphasis on a strong manufacturing base is a timely reminder of the need for India to diversify its economy and reduce dependence on imports. With a focus on infrastructure development, supporting domestic entrepreneurs, and promoting entrepreneurship, India is well-positioned to become a leader in the global economy. As the world continues to evolve, India&#8217;s commitment to a strong manufacturing base is likely to serve the country well in the years to come.<\/p>","protected":false},"excerpt":{"rendered":"<p>Prime Minister Modi sought to position India as an open 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