External Affairs Minister S Jaishankar has said that by 2025, India will emerge as a significant manufacturing hub and will become a 5 trillion dollar economy. Speaking at a business event in Nicosia, Cyprus on Friday Dr. Jaishankar said, India is getting increasingly prominent in the global economy. He said, trade policies reforms channelled by Prime Minister Narendra Modi's economic vision contributed to India becoming one of the strongest destinations for foreign direct investment. Dr. Jaishankar said, India was one of the largest global hubs for vaccine production during the pandemic and supplied vaccines to 100 nations. Our motto for the G20 is "World as One Family," which is something we put into reality throughout the pandemic years, he said. Dr Jaishankar said that India and Cyprus can work in many areas.
Highlighted 7 areas which Cyprus and India should work forward in:
— Dr. S. Jaishankar (@DrSJaishankar) December 30, 2022
1️⃣Finance
2️⃣Shipping
3️⃣Tourism
4️⃣Knowledge Economy
5️⃣ Mobility flows
6️⃣ Third country projects
7️⃣ Mediterranean collaboration
External Affairs Minister said, India has become home to one of the world's largest startup ecosystems. The country hosts close to 100 unicorns now. In fact, India has the third largest number of unicorns currently, he said. later addressing the Indian community in Cyprus, he aid India wants good neighbourly relations with everybody but that does not mean "excusing" terrorism. On border issues with China, Jaishankar said India will never agree to any attempt to change the Line of Actual Control unilaterally.
Newsinc24 Team




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