MSMEs entering defence sector to help India become self-reliant: PM Narendra Modi
New Delhi, February 8: Prime Minister Narendra Modi on Tuesday said that the Small and Medium Enterprises (MSME) sector has benefited the most from the Aatmanirbhar Bharat package as is evident from the fact that MSMEs are coming forward to enter the defence sector.
"In Uttar Pradesh and Tamil Nadu, defence corridors are being built. The way MSMEs are joining the defence sector is very motivating. They're coming forward and taking the lead. It's encouraging that people of the country have the ability and they are coming forward to make the country self-reliant in the sector. MSMEs have been connected to GeM and it has increased government procurement seamlessly," PM Narendra Modi said.
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In his reply to the debate on the motion of thanks to the President's address in Rajya Sabha, the Prime Minister said, the MSMEs and Agriculture sector has been generating the largest employment opportunities in the country.
"MSMEs was one of the foremost sectors that benefited from the Aatmanirbhar Bharat package that has shown great results," said PM Modi.
He further said that India has turned into one of the leading mobile manufacturers - helping by the PLI scheme. "It's a share in exports, too, is rising. PLI scheme is also reaping good rewards in automobile and battery sector," he said.
"Our youth has taken India to top-3 in terms of a number of startups globally, that too, during Covid-19. From COP-26 to G20 to social sector to aiding 150 countries across the globe during Covid-19, India has taken a leadership role and the world has appreciated our role," said the Prime Minister.
He further said that during Covid-19, even with a lot of obstacles, we continued to work to provide houses to the poor and needy. During Covid-19, infrastructure projects, too, were continued and completed, PM Modi added.
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-PTC News
