New Delhi: From semiconductors to aircraft carriers, we are now manufacturing everything, and the world is keenly watching the 21st-century India, Prime Minister Narendra Modi said while addressing the NXT Conclave at Bharat Mandapam on Saturday.

“Few years ago, I presented the vision of ‘Vocal for Local’ and ‘Local for Global’ to the nation, and today, we are seeing this vision turn into reality. Indian products like AYUSH products, yoga, millets, and turmeric have gained global recognition,” Modi said, also mentioning that products like Pulwama’s snow peas and Kashmir’s cricket bats are reaching international markets.

He discussed India’s growth and its expanding role on the global stage, highlighting how India is now “manufacturing everything from semiconductors to aircraft carriers.”

The world is keenly watching the 21st-century India, he added.

Modi took the audience on a journey through India’s transformation from being the world’s “back office” to becoming the “new factory of the world.”

“India is not just a workforce; we are a world force,” he said, emphasising India’s increasing role as an export hub, with global recognition of its electronic products and medicines.

Further emphasising India’s progress in the infrastructure sector, Modi mentioned the improved road networks and expressways that have spurred economic growth. He said that India’s rise in automobile and electronics production is due to systematic policies and effective governance. “India’s leadership in various sectors is the result of years of hard work and systematic policy decisions,” he added.

On governance, Modi highlighted the principle of “minimum government, maximum governance,” which reduces bureaucracy and streamlines processes. He pointed out that filing an income tax return, once a complicated task, can now be done quickly. “Filing an ITR was a difficult task for an ordinary person, but today, it can be done in a few moments,” he said.

Speaking about India’s leadership in innovation and technology, he introduced the concept of “Indovation,” which means “innovating in an Indian way.” He cited the Unified Payments Interface (UPI) system, now being adopted by other countries, as an example of India developing solutions that are both affordable and accessible.