Need to reduce dependence on electronic imports: Narendra Modi


Modi said there should be focus on manufacturing sector along with services to tide over the mismatch as also to ensure better inclusive growth.Favouring reduced dependence on imports, particularly, of electronic items, BJP’s prime ministerial candidate Narendra Modi today said there should be focus on manufacturing sector along with services to tide over the mismatch as also to ensure better inclusive growth.
“Electronics imports have a big share in our overall import basket. We must focus on manufacturing, particularly in strategic sectors like defence…there is also a need to focus on promoting hardware as much as software to ensure inclusive growth,” Modi said during the 25th Nasscom leadership summit here through a webcast.

Stating that the country is facing several challenges, Modi said these can be converted into golden opportunities.

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SOURCE: http://economictimes.indiatimes.com/
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Categorised in: Electronics, Import/Export

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