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Latest News, News Today – Bollywood, Trending, India, World, Business, Politics – HNN > Blog > World > Putin Praises PM Modi’s ‘Make In India’ In Automobiles: ‘Doing The Right Thing’
WorldPolitics

Putin Praises PM Modi’s ‘Make In India’ In Automobiles: ‘Doing The Right Thing’

Last updated: 2023/09/13 at 12:23 PM
By News Desk
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In recent times, Putin talked about the global automotive industry that has witnessed a significant shift in manufacturing dynamics. Nations across the world are embracing the concept of domestic production, and India, under the leadership of Prime Minister Narendra Modi, has taken notable strides in this direction. Russian President Vladimir Putin, in a commendable gesture, has acknowledged India’s ‘Make in India‘ initiative, particularly in the field of automobiles. His words of praise serve as a testament to India’s commitment to self-reliance and innovation in the automotive sector.

Contents
The ‘Make in India’ Initiative: A Vision UnveiledIndia’s Automotive ResurgencePutin’s Acclamation: Recognizing India’s Automotive ProwessThe Impact on International RelationsThe Road Ahead: India’s Ascent in the Automotive WorldConclusion

The ‘Make in India’ Initiative: A Vision Unveiled

Putin Praises PM Modi

ALSO READ: The Saudi Crown Prince speaks on the economic corridor as Prime Minister Modi says, “For India, Saudi Arabia represents…

The ‘Make in India’ campaign, launched in 2014 by Prime Minister Modi, aims to transform India into a global manufacturing hub. It seeks to promote indigenous production and reduce dependency on imports in various sectors, including the automobile industry. This initiative has not only attracted global investments but has also boosted the nation’s reputation as a reliable manufacturing partner.

India’s Automotive Resurgence

India’s automotive sector has witnessed remarkable growth in recent years. With a focus on producing high-quality vehicles, the country has attracted the attention of global automakers. The introduction of cutting-edge technology and innovation in Indian automobile manufacturing has led to the production of vehicles that meet international standards.

Putin’s Acclamation: Recognizing India’s Automotive Prowess

MAKE in india
Kevadia, Gujarat – December 17, 2019: Make in India logo near the Statue of Unity.

President Vladimir Putin’s acknowledgment of India’s ‘Make in India’ initiative in the automobile sector comes as a significant endorsement. He lauded India’s efforts in promoting self-reliance and innovation, especially in the production of automobiles. In a recent address, Putin stated, “India’s commitment to the ‘Make in India’ initiative in automobiles is truly commendable. They are doing the right thing by fostering their domestic automotive industry. This not only strengthens their economy but also contributes to the global automotive landscape.”

The Impact on International Relations

Putin’s praise for India’s ‘Make in India’ initiative has broader implications for international relations. It reflects the growing cooperation between India and Russia in various sectors, including trade and commerce. It also signals the potential for collaborative ventures in the automotive industry, opening doors for joint ventures and technological exchange.

The Road Ahead: India’s Ascent in the Automotive World

India’s pursuit of excellence in the automotive sector is poised to continue. With a strong focus on research and development, innovation, and sustainable practices, India’s automobile industry is on the cusp of remarkable achievements. The nation’s commitment to reducing emissions and adopting electric vehicle technology further aligns with global environmental goals.

Conclusion

In conclusion, President Vladimir Putin’s praise for India’s ‘Make in India’ initiative in the automobile sector signifies India’s growing prominence on the global stage. India’s journey towards becoming a manufacturing powerhouse is not only commendable but also promising. The nation’s dedication to self-reliance and innovation in the automotive industry resonates with the global community and sets the stage for further collaborations and achievements.

ALSO READ: Nalanda University In G20 2023: A Testament To India’s Intellectual Heritage

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