Prime Minister Narendra Modi has reaffirmed India’s position as a global manufacturing powerhouse, emphasizing the nation’s rapid industrial growth and economic resilience. Addressing industry leaders at a recent summit, PM Modi highlighted key reforms such as the Production Linked Incentive (PLI) scheme, simplification of labor laws, and infrastructure development under the Gati Shakti plan. These initiatives, he noted, have attracted leading global firms to set up manufacturing bases in India. India’s rise as a factory hub is driven by strong domestic demand, skilled labor, and a favorable business environment. With sectors such as electronics, semiconductors, automobiles, and textiles witnessing significant investments,
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