Advertisement
Co Presented By
Co Presented By

Make in India is now a global brand, India aims to be among world's top three economies: PM Modi in Melbourne

Prime Minister highlights India's manufacturing, startup, 5G, metro and space achievements and says the country is rapidly advancing towards innovation-led growth.

Advertisement
Indian Prime Minister Narendra Modi speaks at the Australia-India Economic Roadmap Business Reception in Melbourne. (File/AFP)
Indian Prime Minister Narendra Modi speaks at the Australia-India Economic Roadmap Business Reception in Melbourne. (File/AFP)
FP Business Desk|Jul 09, 2026, 17:52:25 IST

Prime Minister Narendra Modi on Thursday said the 'Make in India' initiative has transformed into a globally recognised brand over the past 12 years, with Indian-made products ranging from mobile phones and electronics to automobiles and pharmaceuticals strengthening their presence in international markets.

Addressing the Indian community in Australia, Modi said India's manufacturing capabilities have expanded significantly, helping the country emerge as a trusted global production hub.

Advertisement

"Over the past 12 years, 'Make in India' has evolved into a global brand. Our mobile phones and electronics have reached markets across the globe. Our automobiles and pharmaceutical products have expanded their global footprint," he said.

Highlighting India's innovation ecosystem, the Prime Minister said the country has become the world's third-largest startup ecosystem over the past decade. He also pointed to India's growing space ambitions, noting that an Indian private space startup is preparing to launch a satellite using its own rocket for the first time.

businessMore from Business

Modi also underscored India's rapid advances in digital infrastructure, saying the country has emerged as the world's second-largest 5G market and is now working on developing indigenous Made in India 6G technology.

On urban transport, the Prime Minister said India's metro network has expanded to more than two dozen cities over the last 12 years. More than 12.5 million people now use metro services every day, making India home to the world's third-largest metro rail network.

Advertisement

He added that the government is also accelerating the rollout of semi-high-speed rail systems, including the Namo Bharat Rapid Rail and Vande Bharat trains, to modernise the country's transport infrastructure.

Speaking about India's long-term economic vision, Modi said the country aims to become one of the world's top three economies at the earliest.

"We aspire to become one of the world's top three economies as soon as possible, driven by the motto 'Grow more, achieve more,'" he said.

Handpicked stories, in your inbox
Global stories. Indian perspective. Zero noise.
No Spam. Unsubscribe Any Time.
First Published:Jul 09, 2026, 17:52:25 IST
Advertisement
Advertisement
Advertisement
Advertisement
Up Next