India Has Potential Of Becoming A Manufacturing Hub: Modi


BERLIN: Linking India's economic progress to national "self-respect", Prime Minister Narendra Modi said the country has huge potential of becoming a manufacturing hub and asked the Indian professionals in Germany to act as a "bridge" between the two countries.

He said India has the potential to achieve tremendous growth and it should become a "giver" than being a "taker".

"There is a big demand of time that India becomes a manufacturing hub. If we lose this opportunity, we will regret later," Modi told NRIs while addressing a reception hosted in his honour here.

He noted Germany's excellence in manufacturing and said there was a need for partnership between the two countries to make India a hub of manufacturing.

"There is a huge potential for India to become a manufacturing hub," he said.

In this context, Modi said India has low-cost skilled manpower, the demographic dividend and there should be 'zero-defect' in the products and even in packaging as "credibility" matters the most.
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Source: PTI