In today's rapidly evolving economic landscape, the statement highlights the critical importance of manufacturing as a driver for India’s future growth. It emphasizes that sustained and significant progress in India cannot be achieved without substantial advancements in its industrial sector.
The deep meaning behind this quote goes beyond just the immediate economic benefits. Manufacturing is not only about producing goods but also about fostering innovation, generating employment opportunities, and enhancing skill development across various levels of society. A robust manufacturing base allows a country to diversify its economy, reduce dependency on imports for critical products, and improve overall productivity. Moreover, it serves as a foundation for other industries such as technology, logistics, and services to thrive, contributing further to national growth.
Baba Kalyani is the Chairman of BharatForge Ltd., a leading manufacturer in India's automotive industry. Known for his insightful comments on economic development, he has been vocal about the role of manufacturing in driving sustainable progress in developing countries like India. His expertise in the sector and hands-on experience give him valuable insights into how industrial growth can lead to broader national prosperity.
