Ashwini Vaishnaw highlights India's vision of inclusive development and balanced approach to economic growth

Image
Last Updated : Jan 24 2025 | 5:52 PM IST
Ashwini Vaishnaw, Union Minister of Information & Broadcasting, Railways, Electronics & IT presented Indias vision of inclusive development and its remarkable growth story to global leaders and industry captains at the World Economic Forum in Davos. The Union Minister highlighted the balanced approach to economic growth taken by India with both manufacturing and services driving nationss development. He emphasized Indias transformation from focusing solely on import substitution to adopting a Make in India, Make for the World approach. With 99% of mobile phones used domestically now manufactured in India, the growth strategy has shifted towards export-led growth across sectors such as pharmaceuticals, chemicals, and garments. With the prominent role of artificial intelligence (AI) in the services sector in shaping Indias future, driving innovation and creating opportunities, the Union Minister also highlighted the need for laying special emphasis on training the talent pool in AI.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 24 2025 | 5:40 PM IST

Next Story