PM Modi: Value Addition Must Happen in India, Raw Material Export Unacceptable
By Rediff Money Desk, Bhubaneswar Jan 28, 2025 13:01
PM Modi emphasizes value addition within India, rejecting raw material exports and finished product imports. He highlights eastern India's potential as a growth engine, with Odisha playing a crucial role.
Bhubaneswar, Jan 28 (PTI) Prime Minister Narendra Modi on Tuesday said he cannot accept raw materials getting exported and finished products being shipped into the country, asserting that value additions must happen here.
Inaugurating the 'Utkarsh Odisha, Make in Odisha Conclave' in Bhubaneswar, Modi said he considers eastern India as the growth engine of the country, and the state plays an important role in it.
"The country's development is not possible only by exporting raw materials. Therefore, we are changing the entire ecosystem and working with a new vision," he said.
"The minerals are extracted here and they are exported to some other country where value addition is done and new products are made. These finished products are then sent back to India. This trend is not acceptable to Modi," he added.
The PM said the aspirations of crores of people were driving India's movement on the path of development.
"Today, India is moving on a path of development driven by the aspirations of crores of people. This is an era of AI, and everyone is talking about AI. However, the aspiration of India, not just AI, is the power of our country. Aspiration grows when the needs of the people are fulfilled. In the last decade, the country has witnessed the benefit of empowering crores of people. Odisha represents the same aspiration," he said.
"Odisha is outstanding and represents the originality and optimism of the new India. Odisha has opportunities, and the people of Odisha have exhibited the spirit of outperforming," he added.
Modi said ASEAN countries have shown interest in strengthening trade ties with Odisha.
"I consider eastern India as the growth engine of the country, with Odisha playing a crucial role in this. History shows that during times when India significantly contributed to global growth, eastern India also made important contributions," he said.
"I am confident that Odisha will very soon reach heights of development that no one has ever imagined. I am happy that the entire team of Chief Minister Mohan Charan Majhi is committed to accelerating the development of the state," he said.
Inaugurating the 'Utkarsh Odisha, Make in Odisha Conclave' in Bhubaneswar, Modi said he considers eastern India as the growth engine of the country, and the state plays an important role in it.
"The country's development is not possible only by exporting raw materials. Therefore, we are changing the entire ecosystem and working with a new vision," he said.
"The minerals are extracted here and they are exported to some other country where value addition is done and new products are made. These finished products are then sent back to India. This trend is not acceptable to Modi," he added.
The PM said the aspirations of crores of people were driving India's movement on the path of development.
"Today, India is moving on a path of development driven by the aspirations of crores of people. This is an era of AI, and everyone is talking about AI. However, the aspiration of India, not just AI, is the power of our country. Aspiration grows when the needs of the people are fulfilled. In the last decade, the country has witnessed the benefit of empowering crores of people. Odisha represents the same aspiration," he said.
"Odisha is outstanding and represents the originality and optimism of the new India. Odisha has opportunities, and the people of Odisha have exhibited the spirit of outperforming," he added.
Modi said ASEAN countries have shown interest in strengthening trade ties with Odisha.
"I consider eastern India as the growth engine of the country, with Odisha playing a crucial role in this. History shows that during times when India significantly contributed to global growth, eastern India also made important contributions," he said.
"I am confident that Odisha will very soon reach heights of development that no one has ever imagined. I am happy that the entire team of Chief Minister Mohan Charan Majhi is committed to accelerating the development of the state," he said.
Source: PTI
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