<\/p>
Prime Minister Narendra Modi on Sunday said the private sector should focus less on protecting profit margins and invest more in research and development, supply chains, and quality.<\/p>
In an interview with PTI, he said the private sector is critical for the next phase of India\u2019s economic transformation and called for a \u201cdecisive response\u201d from them.<\/p>
He added that the next leap to Viksit Bharat will depend on bold investment by businesses in innovation, long-term capacity, and global competitiveness.<\/p>
Modi also said this year\u2019s Union Budget reflects India\u2019s desire to become a \u201cdeveloped nation.\u201d \u201cBudget not a \u2018now or never\u2019 moment born out of compulsion but a \u2018we are ready\u2019 moment born out of preparation, inspiration,” he said.<\/p>
Speaking on India\u2019s trade deals, the Prime Minister said political stability and predictability have restored investor confidence.\u00a0He added that stronger manufacturing, services, and MSMEs have allowed India to negotiate trade pacts from a position of strength. He highlighted that India\u2019s Free Trade Agreements are designed to expand market access for MSMEs in textiles, leather, chemicals, handicrafts, gems, and other sectors.<\/p>
He criticised the UPA government, saying its economic mismanagement left India unable to negotiate confidently. \u201cDuring UPA rule, talks would begin and then breakdown, a little real substance achieved despite long negotiations,” he said. He stressed that reform is a commitment of his government, demonstrated in both letter and spirit.<\/p>
The Prime Minister also noted that India\u2019s national character has stood out even in difficult times. \u201cOur national character has revealed itself even in challenging times; we are bright growth spot in difficult global circumstances,” he said. He added that India is now witnessing the most expansive infrastructure push in its history, with projects being planned and executed with future readiness in mind.<\/p>
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Narendra Modi, private sector investment, research and development, supply chains, India economic growth, Union Budget India, Free Trade Agreements, MSME India, Indian economy, infrastructure development#Private #sector #invest #boldly #RampD #supply #chains #quality #Modi1771185809<\/p> ","protected":false},"excerpt":{"rendered":"
Prime Minister Narendra Modi on Sunday said the private sector should focus less on protecting profit margins and invest more in research and development, supply chains, and quality. In an interview with PTI, he said the private sector is critical for the next phase of India\u2019s economic transformation and called for a \u201cdecisive response\u201d from […]<\/p>\n","protected":false},"author":1,"featured_media":3567,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[12069,12070,10408,5772,4424,12068,426,3319,12067,9633,7377,12064,738,11430,12065,5533,4390,12066,1551],"class_list":["post-3566","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-content-marketing","tag-boldly","tag-chains","tag-free-trade-agreements","tag-india-economic-growth","tag-indian-economy","tag-infrastructure-development","tag-invest","tag-modi","tag-msme-india","tag-narendra-modi","tag-private","tag-private-sector-investment","tag-quality","tag-rampd","tag-research-and-development","tag-sector","tag-supply","tag-supply-chains","tag-union-budget-india"],"acf":[],"_links":{"self":[{"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/posts\/3566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3566"}],"version-history":[{"count":0,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/posts\/3566\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/media\/3567"}],"wp:attachment":[{"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3566"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}