Page 14 - Mann Ki Baat English

Two years since we first went into a With India emerging as a major global
country wide lockdown, this remarkable manufacturing and export power, we can
feat also depicts India’s accelerated aggressively leverage the successes of Indian
growth trajectory and improved export companies to further enhance our brand equity.
competitiveness across a multitude of “Make in India” must become a symbol for
sectors including engineering goods, precision quality, credible reliability,
mobile phones, apparel, organic outstanding innovation capabilities, a
chemicals, agricultural products among
conscientious protector of the environment
others. Contributing approx. 20% to
and a benchmark for customer care and
India’s GDP, Exports is a formidable pillar
service. Government and industry will need to
of India’s economic growth and a means
collaborate and work together to achieve this.
for high-income livelihoods for lakhs of
families across the country. For India to Several Indian companies particularly from
Exports - steering remain one of the fastest growing large sectors such as Auto & Auto components,
economies, a broader export sector with Pharmaceuticals, Gems & Jewellery,
India on an
deeper market linkages and strategic Petro-Chemicals are today recognized as
accelerated growth alignment with emerging global global category leaders. While further
trajectory mega-trends is imperative. strengthening India’s positioning in these
Baba Kalyani segments, thrust on building ‘Brand India’ would
Leveraging the inherent cost advantage
Chairman & MD, Bharat Forge Ltd. enable the country to explore new opportunities
and a vast pool of exceptional human
and create avenues to export value-added
In August 2021, even as India was just about talent, India has to solidify its positioning
products to existing and new markets across the
recovering from the impact caused by the as the ‘Global Manufacturing Hub’ and
world.
second wave of the pandemic exporters aspire to achieve $ 1 Trillion merchandize
like us were grappling with the volatile exportsin a reasonable time frame. A 2.5x Going forward, we are all expected to witness an
demand and widespread disruptions growth in merchandize exports would increasingly volatile and uncertain geo-political
caused to the global value chains by the also register a similar growth in the
and macro-economic external environment.
semiconductor shortage. It is in this domestic manufacturing sector thereby डॉ. मीना�ी �स�ह
organizations,
Individuals, societies, काशी �ह�ू �व��व�ालय and
backdrop that the Hon’ble Prime Minister strengthening the foundations of a New
institutions will have to adapt their strategies
addressing a group of exporters and India by providing a platform for
and business models to align with this emerging
Heads of Indian Missions world over gave high-income employment avenues and
new reality. With a strong political leadership
a clarion call,‘Local goes Global – Make in inclusive growth. The production-linked
and a stable economic outlook, India is suitably
India for the World’and set an ambitious incentive (PLI) schemes across 14
poised to steer global economic growth in the
target of $ 400 billion merchandize sectors, the PM-GATI Shakti mission to
emerging decades. In line with Hon’ble Prime
exports to achieve for the fiscal 2021-22. provide multi-modal connectivity and
Minister’s vision of ‘Local goes Global – Make in
Little would we have imagined then that infrastructure, promotion of districts as
India for the World’, let us take a resolve to steer
India would not only achieve this target but exports hubs, are some of the many
India to USD 1 Trillion export in the near future
in the process, scale new benchmarks, initiatives by the Government of India to
penetrate deeper in existing markets, open drive demand, improve cost disabilities and come together to work on a mission mode
new avenues for trade and exhibit its ability and in-effect enhance India’s overall and with a collective will to realize this
to work on a mission mode, with a export competitiveness. aspiration.
collective will to succeed. 23 Jai Hind! 24