S Jaishankar, India’s External Affairs Minister, emphasized the necessity for India to focus on manufacturing to compete with China economically. He highlighted that manufacturing was previously neglected before Prime Minister Narendra Modi came into office in 2014. Jaishankar stressed that to counter China’s economic dominance, India must prioritize manufacturing.
Speaking at a corporate summit on “Bharat’s Economic Rising” organized by the Southern Gujarat Chamber of Commerce and Industry, Jaishankar reiterated the significance of manufacturing for India’s technological advancement. He underlined that strong manufacturing forms the foundation for robust technology development.
Jaishankar also addressed the tension at the India-China border, emphasizing that peace and stability in border areas are essential for improving bilateral relations. Furthermore, he discussed India’s stance on terrorism, highlighting that India will never compromise on counter-terrorism measures.
Regarding India’s engagement with international organizations like the World Trade Organization (WTO), Jaishankar expressed that while there are challenges, India should continue its participation and work with allies to safeguard its interests.
He also highlighted India’s economic resilience amid the COVID-19 pandemic, attributing it to government reforms and policies. Jaishankar emphasized India’s growing global stature and its attractiveness for foreign collaboration.
In conclusion, Jaishankar underscored the changing perceptions about India globally and emphasized the country’s rising prominence in international relations and economic affairs. He discussed India’s expanding partnerships with countries like the United Arab Emirates and the United States, as well as its efforts to protect the interests of its citizens abroad through mobility agreements with various nations.
