‘Textile, tourism and technology will drive India’s future growth': PM Modi
- In Reports
- 01:25 PM, Feb 25, 2025
- Myind Staff
On Monday, Prime Minister Narendra Modi stated that India’s future growth will be driven by three key sectors, or the three Ts: textile, tourism and technology. These sectors have the potential to generate millions of jobs.
At the Global Investors Summit-2025 (GIS-25) inauguration in Bhopal, Madhya Pradesh, Modi highlighted India's strong heritage, skilled workforce, and entrepreneurial spirit in textiles. He noted that India is the world's second-largest producer of cotton, silk, polyester and viscose.
“MP, being the cotton capital of India, contributes around 25 per cent of the country’s organic cotton supply and is the largest producer of mulberry silk. The state’s Chanderi and Maheshwari sarees have received GI tags. Investments in this sector will significantly help MP’s textiles make a global impact,” PM Modi said.
Prime Minister Modi stated that India is actively promoting technical textiles, including agro-textiles, medical textiles, and geotextiles, through a dedicated national mission. He mentioned seven major textile parks, including one in Madhya Pradesh, are being developed nationwide.
He also stressed India’s efforts to boost the tourism sector and referred to the Madhya Pradesh Tourism campaign, ‘MP Ajab Hai, Sabse Gajab Hai’. Modi highlighted the ongoing development of tourism infrastructure along the Narmada River and in tribal areas of the state while also stressing the vast potential for health and wellness tourism.
Prime Minister Modi highlighted the growing global recognition of the ‘Heal in India’ initiative, noting that health and wellness sector investment opportunities are rising. “The government is encouraging public-private partnerships in this area. India’s traditional treatments and AYUSH are being promoted on a large scale and special AYUSH visas are being issued,” he stated.
Speaking about the significance of GIS-25, Modi underscored that achieving ‘Viksit MP’ is an essential step toward ‘Viksit Bharat’. “MP is the fifth largest state in India by population and one of the top states for agriculture and minerals. It’s also blessed with the life-giving Narmada. MP has the potential to become one of the top five states in India in terms of GDP,” Modi pointed out.
“Two decades of BJP rule has focused on governance and ushered in a sea change. Two decades back, people were hesitant to invest in MP, but now, the state has evolved into one of the top investment destinations in the country. The state which once struggled with poor roads is now among the leading states in the country’s EV revolution. By January 2025, around two lakh electric vehicles were registered, which demonstrates that MP is becoming an excellent destination for new manufacturing sectors,” he expressed.
Comments