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Need to identify, remove impediments stopping India from becoming global leader: Niti Aayog
Dec-18-2018

In order to achieve competitive advantage in global markets, Niti Aayog Vice Chairman Rajiv Kumar has expressed need to identify and remove impediments that are stopping India at global market level. He further said that the global trends should be brought to domestic market and need to make Indian manufacturing an exporting sector as it is an essential growth enabler.

Niti Aayog Vice Chairman mentioned that Prime Minister Narendra Modi wants Niti Aayog to explore ways to facilitate an environment for innovations so that India can also witness domestic companies growing to become Google and GE like big MNCs.

However, Rajiv Kumar pointed out the slow growth in agri processing industry as one of the reason for distress in the farm sector in India. He further suggested top industrialists to spot sunrise industry and also select six sectors. Kumar also exhorted them to look for capturing 10 per cent of America's exports. Besides, he said that the industry has to focus on developing the innovation capability of the vendors to match today's dynamic global manufacturing environment.
 

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