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Indian PM Modi warns of foreign dependence, pushes self-reliance with shipbuilding and tech reforms.
Indian Prime Minister Narendra Modi declared that India’s greatest challenge is dependence on foreign nations, calling self-reliance essential for national dignity, security, and development.
Speaking in Bhavnagar, Gujarat, he highlighted the sharp decline in Indian-owned shipping—from 40% of trade half a century ago to just 5% today—and warned that annual foreign shipping costs rival India’s defense budget.
He announced major reforms, including streamlined trade processes, infrastructure status for shipbuilders, and over ₹70,000 crore in planned investments to boost shipbuilding and high-tech industries.
Modi urged domestic production of critical goods like semiconductors and ships, framing economic independence as a national priority amid rising global trade tensions.
El primer ministro indio, Modi, advierte sobre la dependencia extranjera y promueve la autosuficiencia con la construcción naval y las reformas tecnológicas.