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Towards industrial self-reliance

Financial Express Lucknow

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August 02, 2025

The ministry of heavy industries is building an ecosystem aligned with a self-reliant and developed India, ensuring growth with inclusivity, innovation, and sustainability

- HD KUMARASWAMY

INDIA'S INDUSTRIAL LANDSCAPE is undergoing a transformation, propelled by the ethos of Aatmanirbharta, a vision of self-reliance positioning our nation as a global leader in innovation and manufacturing. I have had the privilege of steering the vital ministry of heavy industries (MHI) under the leadership of Prime Minister Narendra Modi. His clarion call for Aatmanirbhar Bharat and Viksit Bharat by 2047 guides our endeavours to foster a self-reliant industrial ecosystem. At the launch of the Make in India initiative in 2014, he envisioned, "A self-reliant India will not only meet its own needs but also lead the world in innovation and manufacturing by 2047." This vision drives the MHI to champion self-reliance.

A New Bharat is taking shape—vibrant, sustainable, and poised to lead in innovation and green technology. This transformation is driven by a commitment to reimagine India's industrial landscape, with the automobile sector at the forefront. The MHI is building an ecosystem that is aligned with a self-reliant and developed India, ensuring growth with inclusivity, innovation, and sustainability.

The Prime Minister envisions an India that is self-sufficient, technologically advanced, and a beacon of industrial excellence. Achieving net-zero emissions by 2070 is central to this vision, underscoring the urgency of transitioning to cleaner technologies. At the MHI, we are ensuring the automobile sector becomes a key driver in this journey.

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