New Delhi, Mar 1: India has emerged as a major automobile producer and exporter and a similar transformation has been observed in electronics manufacturing, Prime Minister Narendra Modi said here Saturday.

Speaking at a media event here, PM Modi said that India is manufacturing everything — from semiconductors to aircraft carriers — and that the world wants to learn about India's success in detail.

“India's leadership in various sectors is the result of years of hard work and systematic policy decisions”, said PM Modi, highlighting the progress made over the past 10 years, where incomplete bridges and stalled roads have now transformed into dreams moving forward at a new pace with good roads and excellent expressways.

The Prime Minister emphasised that reduced travel time and costs have provided the industry with an opportunity to decrease logistics turnaround time, benefiting the automobile sector significantly. He noted the increased demand for vehicles and the encouragement of EV production, adding that today, India has emerged as a major automobile producer and exporter.

“India is not only providing products to the world but is also becoming a trusted and reliable partner in the global supply chain”, PM Modi noted.

Over the past decade, electricity has reached more than 2.5 crore families for the first time, leading to increased demand and production of electronic equipment.

PM Modi highlighted that affordable data has boosted the demand for mobile phones, and the increased availability of services on mobile phones has led to higher consumption of digital devices.

Programmes like PLI schemes have turned this demand into an opportunity, making India a major electronics exporter.

Stressing that not only millets but also India's turmeric has gone from local to global, with India supplying over 60 per cent of the world's turmeric, PM Modi remarked that India's coffee has also achieved global recognition, making India the seventh-largest coffee exporter in the world. The Prime Minister also emphasised that India's mobile phones, electronic products, and medicines are gaining global recognition.

(IANS)

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