On this screenshot from a video posted on March 3, 2026, Prime Minister Narendra Modi speaks on ‘sustaining and strengthening financial development’ in a post-Price range webinar. Picture: @NarendraModi/YT (through PTI)
Prime Minister Narendra Modi on Tuesday (March 3, 2026) urged business leaders to step up funding, embrace rising applied sciences and prioritize analysis to assist India Inc. take advantage of the huge alternatives supplied by free commerce agreements with nations.
“Gone are the times of slicing corners in analysis. We now have to speculate closely in analysis and growth and be sure that our merchandise meet international high quality requirements. We now have a possibility to maneuver ahead. So there needs to be just one perception: high quality, high quality, high quality,” he mentioned whereas talking on the second webinar on Price range 2026-27.
He highlighted that India has free commerce agreements with many nations and these agreements provide vast alternatives to India.
“On this state of affairs, our duty is to by no means compromise on high quality,” he mentioned.
The world is now in search of dependable and resilient manufacturing companions, he mentioned, including that India has an enormous alternative to play this function.
“Our route is obvious. Our resolve is obvious: construct extra, produce extra, join extra and what we’d like now’s to export extra,” he mentioned.
He famous that main adjustments are at present underway within the international economic system and mentioned the market is not solely targeted on value. Sustainability has develop into an equally vital consideration.
“The mission of carbon seize, utilization and storage is a key initiative to drive this modification. It’s important to embed sustainability into core enterprise methods now. Industries that make investments early in clear applied sciences can have higher entry to rising markets within the coming years,” he mentioned.
He emphasised the significance of infrastructure and logistics, saying they are going to be basic pillars of the corporate’s development technique.
This yr’s funds proposes file ranges of capital spending to assist these priorities, he mentioned.
The Prime Minister mentioned India has develop into a beacon of hope for the world because of its strong economic system and fast financial growth is the cornerstone of realizing the imaginative and prescient of Vikshit Bharat as international provide chains endure transformation.
