'Make in India' initiative can add to engines of global growth: PM Modi at SCO Summit
Narendra Modi on Thursday said the 'Make in India' initiative can add to engines of global growth and help democratise the global economy, and highlighted the importance of creating multiple, reliable and resilient supply chains. External Affairs Minister S Jaishankar, who is in Astana to attend the SCO Summit, delivered Modi's remarks at the extended format meeting of the Shanghai Cooperation Organisation (SCO) Council of Heads of State here in the Kazakh capital.
Modi said that India has contributed significantly to enhancing the economic agenda of the SCO grouping with institutionalised mechanisms such as the SCO Startup Forum and Special Working Group on Startup and Innovation.
With 130,000 startups in India, including 100 unicorns, our experience can be useful to others, a Ministry of External Affairs statement cited the prime minister as saying in his remarks.
«When it comes to geo-economics, the need of the day is to create multiple, reliable and resilient supply chains. This is an important takeaway from the Covid experience. 'Make in India' can add to engines of global growth and help democratise the global economy. India is open to partnering with others in capacity building, especially nations of the Global South,» the statement said.
The prime minister said technology not only held great promise in his times but was increasingly a game changer in both development and security. «The digital era needs more trust and transparency. AI and Cyber security raise crucial issues of their own,» he said.
«When
