Modi’s Make in India Wins Praise from Mitsubishi Leader
1 min read
In Tokyo, Mitsubishi Chemical Engineering Corporation’s President Hiroki Fujii showered praise on India’s ‘Make in India’ drive, calling it Prime Minister Narendra Modi’s masterplan for unleashing boundless growth opportunities.
Fujii, speaking to IANS, was unequivocal: ‘It’s a fantastic initiative by PM Modi, excellently designed and highly effective.’
He outlined a roadmap for prosperity: fuel domestic consumption alongside exports. ‘Local market development is as essential as international trade for true economic strength,’ Fujii asserted.
India’s potential has long been evident, but the last decade’s achievements are remarkable – steady 6-7% growth amid global headwinds like China’s dip. Modi’s leadership is the catalyst, Fujii said, predicting continued upward momentum.
Fresh insights from the NXT Foundation confirm India’s meteoric rise: $4.8 trillion nominal GDP eclipses Japan, securing fourth global rank. With 8.2% expansion, it’s the speediest grower and on track for third place imminently.
Fujii’s outlook reflects surging investor enthusiasm. Japan-India partnerships in chemicals and engineering are booming, fueled by ‘Make in India’. Modi’s reforms are scripting India’s ascent from emerging market to economic titan, captivating the world stage.
