Get latest articles and stories on Business at LatestLY. New Delhi [India], February 27: Aligned with Prime Minister Narendra Modi's vision of Atmanirbhar Bharat and commemorating the 10th anniversary of the 'Make in India' initiative, India's manufacturing sector has registered unprecedented success, with FY22 exports soaring to USD 418 billion. To celebrate this feat, and look at the future of the manufacturing growth and prospects in India, CNBC-TV18, in collaboration with Zetwerk, is holding the Smart Manufacturing Summit 2024. Business News | CNBC-TV18 Zetwerk Smart Manufacturing Summit 2024: Marking a Decade of 'Make in India'.
Nirmala Sitharaman: Addressing the FICCI Viksit Bharat@2047 conclave, the finance minister emphasized the historical role of the industry in India s development and its crucial contribution towards economic independence.
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Sharing his perspective on the role industries and enterprises will have to play in accelerating national growth and economic prosperity at the third ABP Network s Ideas of India Summit 3.0 here, he also said over the next seven years, Indian GDP is expected to add as much to the global GDP as the entire European Union combined.
M&M group Managing Director and CEO Anish Shah has stated that the manufacturing sector should contribute 25% to India s economic growth, as the country aims to become a $30-trillion economy by 2030 and a developed country. Shah also highlighted that India s GDP is expected to contribute as much to the global GDP as the entire European Union combined over the next seven years.