India becoming a global manufacturing and startup hub: PM
New Delhi, July 25 (KNN) India is emerging as a global manufacturing and startup hub and many of the 'Made-in-India' products, including cars and smartphones, are today exported to nations from whom the country used to import, said Indian Prime Minister Narendra Modi.
Addressing the Indian diaspora in the Ugandan capital, Modi said "Make in India today has become the hallmark of India. Many of our products, including cars, smartphones, are sold today to countries from whom we used to import.”
He also said that rail tracks, metro train coaches, and satellites are being manufactured today in India itself by using Indian steel.
In last four years, 11,000 startups have been registered in India, making the country a land of startups, he added.
Modi also hailed India's ties with Uganda and other African nations, saying the resource-rich continent is now in the centre of his government's foreign policy.
The Prime Minister also said India will open 18 new embassies, taking the total number of the country's missions in Africa to 47.
Noting that the trade between India and Africa has witnessed a 32 percent increase, Modi said Asia and Africa are better positioned in the new world order.
The Prime Minister thanked President Museveni for re-embracing the Indian community.
Modi was on a two-day visit to Uganda - the first bilateral tour by an Indian prime minister since 1997.