Prime Minister Narendra Modi delivered a compelling address at the inauguration of the Uttar Pradesh International Trade Show (UPITS) 2025 in Greater Noida, highlighting the critical themes of self-reliance and strategic international partnerships. The event, featuring over 2,200 exhibitors, marked Russia as the country partner, reaffirming the enduring and strengthening India-Russia ties against a backdrop of evolving global uncertainties and economic disruption.
Key Takeaways from PM Modi's Address
India’s Growth Amid Global Challenges
Despite worldwide disruptions, India’s economic growth continues to be robust and attractive. Modi emphasized that rather than being derailed by instability, India is discovering new avenues for progress and laying a resilient foundation for future decades.
The Imperative of Atmanirbhar Bharat (Self-Reliant India)
The Prime Minister underscored that reliance on other countries compromises a nation’s growth and sovereignty. He called for manufacturing everything possible within India, urging businesses and entrepreneurs to adopt models that reinforce domestic production and innovation.
Russia: A Time-Tested Strategic Partner
With Russia as the partner country at UPITS 2025, Modi highlighted the strengthening of the historical partnership between India and Russia. He pointed out ongoing defence collaborations, such as the forthcoming production of AK-203 rifles in an Indian factory established with Russian assistance, and the manufacturing of BrahMos missiles in Uttar Pradesh.
Make in India and Ease of Doing Business
Modi reiterated the government's commitment to boosting domestic manufacturing from "chips to ships." Enhancements in the ease of doing business include eliminating over 40,000 compliances and decriminalizing minor business errors, reducing bureaucratic hurdles for entrepreneurs.
Quality and Innovation as Pillars
While encouraging local manufacturing, Modi stressed uncompromising quality standards and increasing investment in research and development. He urged for a Swadeshi ecosystem in innovation where private sector participation in research plays a vital role.
Inclusive Development and Support for MSMEs
The Prime Minister praised Uttar Pradesh’s vibrant defence sector and MSME ecosystem, urging greater investment and production in the state. He also highlighted government initiatives enabling small traders and sellers to participate actively through platforms like the Government e-Marketplace (GeM).
Significance of the Trade Show and Future Outlook
The UP International Trade Show 2025 serves as a platform to exhibit India’s growing industrial capacity and synergy with global partners. Modi’s call reflects the nation’s strategic vision to become a developed and self-reliant economy by 2047, building on the principles of inclusive growth and national pride in domestic products.
In summary, PM Modi’s address in Greater Noida reiterated India’s determination to advance self-reliance, bolstered by trusted international partnerships such as with Russia. This approach aims not only to safeguard economic strength amid global volatility but also to foster technological innovation and quality manufacturing within the country.
Source Names: pmindia.gov.in, NDTV, Hindustan Times, News18, The Hindu Businessline, Indian Express, Times of India