Don't be mere spectator, grab global opportunities: PM to industry

In a wakeup call to industry, Prime Minister Narendra Modi has asked companies not to be mere spectators, and seek global opportunities while accepting challenges.

- HARSH KUMAR

In a wakeup call to industry, Prime Minister Narendra Modi has asked companies not to be mere spectators, and seek global opportunities while accepting challenges. The PM emphasised that if every industry takes one step forward, collectively, significant progress can be achieved.

"In the midst of global political uncertainty, the world sees India as a growth centre," Modi said at a post-Budget webinar on Tuesday. When the global economy slowed down at the time of the pandemic, India had displayed its resilience and was acknowledged as a growth engine, he said. This was achieved by advancing the vision of Aatmanirbhar Bharat and accelerating reforms, he added.

At the same event, Union Finance Minister Nirmala Sitharaman said the government remained steadfast in reducing regulatory burdens, besides enhancing trust-based governance and taking steps to make India a "seamless, export-friendly" economy.