In May 2020, amid the global pandemic, Prime Minister Narendra Modi unveiled the Atmanirbhar Bharat Abhiyan, a mission aimed at promoting Indian goods in global supply chain markets and fostering self-reliance. The initiative was accompanied by a substantial stimulus package of Rs. 20 lakh crore (US$ 268.74 billion), roughly 10% of India’s GDP, to revitalize the economy through incentives for domestic production.
Rooted in the principles of ‘Local for Global: Make in India for the World’ and ‘Vocal for Local,’ the mission sought to position India as a key player on the global economic stage.
Key Objectives:
- Global Supply Chain Hub: Transforming India into a global supply chain hub, positioning the nation as a vital player in the international market.
- Building Trust in the Private Sector: Establishing confidence in the private sector’s capabilities and potential, fostering collaboration between the government and private enterprises.
- Creating ‘Good Force Multipliers’: Empowering Indian manufacturers by creating favorable conditions and amplifying their impact on the economy.
- Global Market Entry: Facilitating Indian businesses to enter global markets, enhancing export opportunities, and strengthening the country’s economic footprint.
- Ease of Doing Business: Leveraging India’s favorable ranking of 63rd out of 190 countries in the World Bank’s ‘Ease of Doing Business 2020’ survey, indicative of a conducive business environment.
The International Monetary Fund (IMF) projected India to become a USD 5 trillion economy, boasting the third-largest GDP, by 2027-28. This optimistic outlook highlighted the potential for India to emerge as a key player in the global economic landscape.
2nd Elets Aatma Nirbhar Bharat Summit – Empowering India in Amrit Kaal
To facilitate collaborative growth opportunities and partnerships, Elets Technomedia is organising the 2nd Elets Aatma Nirbhar Bharat Summit on 1st March in New Delhi with a focus on “Empowering India in Amrit Kaal”. The term “Amrit Kaal,” as envisioned by PM Modi, signifies a well-balanced and planned vision for ‘New India’ by 2047. It charts the course for India’s economic future, fostering self-reliance through strategic planning, nurturing possibilities, and instilling confidence.
Here are five compelling reasons why you shouldn’t miss the 2nd Elets Aatma Nirbhar Bharat Summit:
- Unlock Business Potential: Explore opportunities for your brand to thrive in the evolving economic landscape.
- Unmatched Networking: Connect with over 20 PSU leaders, representatives from 10+ ministries, and engage in 16+ hours of unparalleled networking, opening doors to potential collaborations and partnerships.
- New Avenues for Growth: Discover new avenues for growth and partnerships, exploring possibilities that align with the spirit of Aatma Nirbhar Bharat.
- Unique Insights: Gain unique insights through 8+ knowledge sessions and participate in 5+ exclusive roundtables, providing a comprehensive understanding of the economic landscape and its potential.
- Converging Policy-Makers and Implementers: Experience a unique platform where policy-makers and implementers converge, fostering an environment of collaboration and collective growth.
The 2nd Elets Aatma Nirbhar Bharat Summit presents a platform to explore, collaborate, and contribute to India’s journey toward self-reliance, providing a unique opportunity to align your business strategies with the vision of ‘New India’ in Amrit Kaal.
For more details, visit: https://events.eletsonline.com/abs/
Be a part of Elets Collaborative Initiatives. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook , connect with us on LinkedIn and follow us on Twitter, Instagram.