World shunning globalisation, need strong manufacturing base: PM Modi

P ime
Mi iste
Modi
sought
to
positio
I dia
as
a
ope
eco omy.

NEW
DELHI:

PM
Na e d a
Modi
Satu day
said
that
the
wo ld
has
vi tually
ju ked
globalisatio ,
a d
u de li ed
the
eed
fo
I dia
to
move
towa ds
buildi g
a
st o g
ma ufactu i g
base
a d
bei g
pa t
of
the
global
value
chai ,
while
eaffi mi g
his
commitme t
to
efo ms.Hitti g
out
at
his
c itics
who
had
attacked
govt’s
push
fo
self- elia ce
,
PM
said:
“…Resou ces
such
as
pet ol,
diesel,
fe tilise s,
medici es
a d
tech ology
chips
a e
bei g
weapo ised..A d
at
such
a
time,
if
we
had
ot
moved
i
the
ight
di ectio
fo
the
past
decade,
guided
by
the
ma t a
of
self- elia ce,
the
we
ca
imagi e
how
we
would
have
faced
such
challe ges
st o gly.”The
comme ts
seemed
to
efe
to
the
ece t
closu e
of
the
St ait
of
Ho muz
as
well
as
seve al
expo t
est ictio s
imposed
by
Chi a
a d
the
US,
amo g
othe s.Amid
his
comme ts
o
i wa d-looki g
policies
ac oss
the
globe,
p ime
mi iste
Modi
sought
to
positio
I dia
as
a
ope
eco omy,
which
was
sig i g
a
slew
of
t ade
deals,
a d
u ged
busi esses
a d
ag icultu e
secto
to
tap
the
oppo tu ity
offe ed
by
these
ag eeme ts.

“…today
I dia’s
p ofile
is
isi g
sig ifica tly.
Today,
I dia
is
becomi g
a
accepted
a d
espected
cou t y
fo
the
wo ld.
I dia
possesses
a
stable
political
ma date
a d
a
stable
gove me t,
a
vib a t
democ acy,
a
obust
judicial
system
a d
the
Co stitutio
of
I dia
that
guides
us
all;
a d
ow
the
wo ld
has
sta ted
ecog isi g
ou
st e gth.

A d
so,
afte
2014,
we
have
bee
e te i g
i to
FTAs
with
ea ly
40
cou t ies
…these
t ade
ag eeme ts
that
have
bee
made
a e
a
huge
oppo tu ity,
a d
he ce
I
would
especially
like
to
tell
my
MSMEs
that
we
should
ot
miss
this
oppo tu ity….eve y
p oduct
of
I dia
should
each
the
wo ld
ma ket;
whethe
it
is
ou
textile,
ou
machi e y,
ou
medici es,
we
must
ot
miss
a y
oppo tu ity
a d
must
c oss
the
global
pa amete s.
We
eed
to
offe
p oducts
that
a e
supe io
i
quality
a d
affo dable
tha
what
is
cu e tly
available
wo ldwide.”