Indian Economy News

Best time to invest in India: Prime Minister Mr. Narendra Modi renews Make in India pitch at IMC

  • IBEF
  • October 9, 2025

Prime Minister Mr. Narendra Modi, on October 8, 2025, emphasised the need to strengthen ‘Make in India’ across key industries, including mobile phones, semiconductors, and electronics, highlighting government efforts to fast-track reforms and create attractive investment opportunities. Speaking at the 9th edition of the India Mobile Congress (IMC) at Yashobhoomi, he noted that India has leapfrogged from 2G struggles to achieving 5G connectivity in most districts. He also highlighted the launch of the ‘Made in India’ 4G Stack, describing it as a major indigenous achievement that places India among the five countries globally with this capability. He further observed that IMC has evolved into Asia’s largest digital technology forum, driven by the talent of Indian youth, startups, and innovators, supported by government initiatives.

He underscored India’s competitive edge in digital connectivity, noting that the cost of 1 GB of wireless data is now lower than a cup of tea, making digital access widely affordable. He emphasised that India’s democratic framework, investor-friendly policies, and focus on ease of doing business have positioned the country as a preferred destination for global investors, with its robust digital public infrastructure reflecting a digital-first governance approach. Union Minister for Communications, Mr. Jyotiraditya Scindia, added that India’s ambitions extend beyond 5G, targeting 10% of global 6G patents and a threefold expansion of the satellite communications market by 2033. He noted that India has transitioned from being a technology follower to a global digital flagbearer.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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