ENA Economy 2024-12-03 16:55:43 <p><strong>New Delhi, Dec 3 (KNN) </strong>At the CII Partnership Summit on Sunday, External Affairs Minister S. Jaishankar underscored Indias pivotal role in the global arena, advocating for stronger international partnerships amid economic volatility. </p> <p>Highlighting the necessity for a strategic transformation, Jaishankar stressed that domestic development is essential for international credibility. The greater our domestic capabilities, the more attractive we become as a partner, he remarked.</p> <p>He emphasised Indias rise as the fifth-largest economy and its efforts to position itself as a stabilising force and a key contributor to global growth.<br /> India, advancing further, holds higher stakes and greater responsibilities. In a volatile global economy, India can act as a stabilizing factor, contributing to global growth and advancing technology, said Jaishankar.</p> <p>The Minister outlined the challenges posed by emerging technologies and the transformative shifts in the global economic landscape. <br /> From AI to EVs, space, drones, green hydrogen, and clean technologies, the demands of critical and emerging technologies are reshaping the knowledge economy. </p> <p>With much of the world facing a demographic crisis, Indias human resources are a critical asset, he stated.</p> <p>Jaishankar lauded the governments focus on improving infrastructure and logistics through initiatives like Gati Shakti, which he said have enhanced Indias business climate and made Indian manufacturing more competitive. </p> <p>He pointed to the establishment of 12 new industrial nodes and a push for skills promotion as evidence of Indias commitment to becoming a global manufacturing powerhouse.</p> <p>By scaling up manufacturing and fostering an industrial culture, we not only bolster our credibility abroad but also contribute to resilient global supply chains, he added.</p> <p>India's cultural and economic influence, Jaishankar noted, is expanding through its diaspora, corporations, and partnerships. </p> <p>He concluded by asserting that forging effective international partnerships requires robust foundations at home, ensuring India remains a reliable and innovative global partner.</p> <p>This vision reflects India's ambition to anchor global stability while advancing towards Viksit Bharat&mdash;an advanced and self-reliant India.</p> <p><strong>(KNN Bureau)</strong></p> 40128 https://knnindia.co.in/news/newsdetails/economy/eam-jaishankar-calls-for-greater-domestic-capabilities-to-make-india-attractive-to-partners 2024-12-03 16:55:43 knnindia.co.in