Prime Minister Narendra Modi said on Thursday that more ‘Made in India’ COVID-19 vaccines are on the way to help speed up the world’s vaccination efforts, and India’s economy would help global growth recover from the aftermath of the pandemic.
“So far, there are only two Made In India Vaccines available. In the coming days, many more vaccines are expected to arrive. These will help the world vaccinate more people in an expeditious way,” said the Prime Minister at the World Economic Forum’s virtual Davos summit.
Seeking to assuage concerns about India’s self-reliance aspirations as enunciated under the Atma Nirbhar Bharat programme, the Prime Minister said this drive would support globalism with a new vigour. “I would like to assure all here that India’s every success will help the whole world’s success. Even Atma Nirbhar Bharat is committed to global supply chains. We have the capacity and reliability to be a part of the global supply chain. We have a large consumer base as well, and as it grows, it will help the world’s economy too,” he said.
Inviting investors to consider opportunities in the country, Mr. Modi said: “India is full of possibilities and self-confidence. During the crisis, we have undertaken several structural reforms and they are being supported by production-linked incentives. Now, from the tax regime to FDI norms, we have a predictable and friendly environment.”
Arguing that India had all the ingredients required for adopting Industry 4.0, with its robust digital infrastructure and skills, the Prime Minister said that it was important that the fourth industrial revolution should not be for robots, but for the benefit of human beings.
“The Corona crisis has reminded us of the value of humanity… We have to ensure that technology becomes a tool for ease of living, not a trap. The world will have to take steps towards this together. I am confident that we will succeed in this endeavour,” he concluded.