{"id":14204,"date":"2024-04-02T06:06:31","date_gmt":"2024-04-02T06:06:31","guid":{"rendered":"https:\/\/jammubulletin.com\/site\/?p=14204"},"modified":"2024-04-02T06:06:31","modified_gmt":"2024-04-02T06:06:31","slug":"india-must-focus-on-manufacturing-to-compete-with-china-on-economic-front-jaishankar","status":"publish","type":"post","link":"https:\/\/jammubulletin.com\/site\/india-must-focus-on-manufacturing-to-compete-with-china-on-economic-front-jaishankar\/","title":{"rendered":"India Must Focus On Manufacturing To Compete With China On Economic Front: Jaishankar"},"content":{"rendered":"

SURAT, Mar 2: To compete with China<\/a> on the economic front, India should focus on manufacturing, a key sector which was ignored by governments before Prime Minister Narendra Modi<\/a> came to power in 2014, External Affairs Minister S Jaishankar<\/a> has said.
\nNoting that tension at the border with China has caused \u201cabnormality\u201d in New Delhi-Beijing relations, he said India\u2019s thinking is absolutely clear that unless there is peace and stability in the border areas, the ties between the two Asian powers will not improve.\u201cIf we have to compete with China, which we should, then its solution is that we should focus on manufacturing here. Our approach towards manufacturing has changed after Modi ji came to power. Before that, people did not give much emphasis on manufacturing,\u201d Jaishankar<\/a> said during his interaction with industry leaders at a programme in Surat on Monday.
\nThere is no other way to counter China on the economic front, insisted the career diplomat-turned-politician while replying to questions from audience members on how he saw India\u2019s relationship with the world\u2019s second largest economy as it moves towards becoming a USD 5 trillion economy.
\nJaishankar was speaking at a corporate summit on \u201cBharat\u2019s Economic Rising,\u201d organised by the Southern Gujarat Chamber of Commerce and Industry (SGCCI).
\n\u201cIf we talk of rising Bharat, it will rise through technology. You cannot build strong technology on weak manufacturing. At any cost, we should put special emphasis on manufacturing, because that is the only economic response,\u201d the Union minister maintained.
\nJaishankar, a former ambassador to China, emphasised that tension at the border has affected Sino-Indian ties.
\n\u201cAs you know, there is tension at the border (with China). And this has caused abnormality in our relations. For that our thinking is very clear that unless there is peace and stability at the border, the relations will remain in the same deteriorated condition,\u201d he said.
\nAsked about relationship with Pakistan<\/a> which remains strained and New Delhi\u2019s fight against terrorism sponsored from across the border, Jaishankar asserted India should never compromise on terrorism.
\n\u201cFor us to tolerate, justify (terrorism) \u2014 are all wrong. The only response to terrorism is counter-terrorism. And they should understand this to make it a deterrent,\u201d he added.
\nAsked about the future of the World Trade Organisation amid China dumping goods in India through dubious methods and advanced countries using the WTO to their own convenience, the minister said while it has its own set of challenges, New Delhi should never leave the global forum.
\n\u201cIt (WTO) is a formal and accepted forum for talks. Here we would put forward our point, work with allies to save our interest. We recently held a meeting on fishing. We should also explore arrangements at bilateral and group levels,\u201d he noted.In his speech at the corporate summit, Jaishankar emphasised that reforms carried out by the government and policies framed to counter COVID-19 have helped India emerge from the pandemic and strengthen its economic position to such an extent that today \u201cwe are the fastest growing large economy\u201d.
\n\u201cThis is one reason why global perception about India has changed,\u201d he said.
\nGiven India\u2019s leadership role, vision, stability, confidence and foreign investment figures, the world wants to collaborate with \u201cus in our journey\u201d, the external affairs minister said.
\n\u201cThis is a very auspicious occasion for us to engage with the world in different ways in different spheres. This is the India of Chandrayaan and UPI, 5G stack and Covaxin which is respected by the world, and where the Modi government will ensure the safety of its people in any corner of the world. We have done this during the COVID-19 pandemic, in Ukraine, Sudan, and Israel,\u201d he noted.
\nThere is no doubt that India is rising, and now it is up to \u201cus to see how we connect ourselves with the world and use opportunities and challenges thrown by it,\u201d Jaishankar said.
\n\u201cI want to assure you that the world\u2019s idea about India has changed a lot,\u201d the former IFS officer added.
\nIn the last 10 years, the United Arab Emirates\u2019 (UAE) thinking about India has changed. The UAE has entered into a free trade agreement with India and trade volume between the two countries has now reached the USD 80 billion-mark, Jaishankar pointed out.
\nThe scenario changed after PM Modi\u2019s UAE visit in 2015, which was the first trip to the Gulf country by an Indian prime minister after Indira Gandhi went there in 1981, he said.
\nWhen the US thinks of technology, it establishes a connection with India, he said and cited a roundtable on the issue organised at the White House during PM Modi\u2019s visit to buttress his point.
\nAn agreement for an economic corridor between India and Europe through Saudi Arabia and the UAE reached during G-20 meet last year and collaboration with the western world on emerging technologies such as semiconductors and drones have put the country in a unique position, he said.
\nThese countries think \u201cthat India is a unique, non-replaceable partner and (hence they) want to work with India at any cost,\u201d Jaishankar added.
\n\u201cMany countries want to enter into an FTA with India. Many of our negotiations are underway, but we believe we will only enter into such FTAs when benefits for us are clear and we are not hurt by opening doors for dumping,\u201d the minister said.
\nIndian doctors and engineers are in great demand across the world, and the country wants to protect the interest of its people going abroad and ensure they are given equal treatment, he said.\u201cFor this, we enter into a mobility agreement with different countries. In the last two years, we have entered into mobility agreements with Germany, Austria, Italy, France and Australia. For us opportunities exist even outside the country, and they can come in different forms,\u201d Jaishankar said.<\/p>\n

\"India
India Must Focus On Manufacturing To Compete With China On Economic Front: Jaishankar<\/figcaption><\/figure>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

SURAT, Mar 2: To compete with China on the economic front, India should focus on manufacturing, a key sector which was ignored by governments before Prime Minister Narendra Modi came to power in 2014, External Affairs Minister S Jaishankar has said. Noting that tension at the border with China has caused \u201cabnormality\u201d in New Delhi-Beijing […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[67,22,89,54],"tags":[],"class_list":["post-14204","post","type-post","status-publish","format-standard","hentry","category-header","category-international","category-national","category-political"],"gutentor_comment":0,"yoast_head":"\nIndia Must Focus On Manufacturing To Compete With China<\/title>\n<meta name=\"description\" content=\"To compete with China on the economic front, India should focus on manufacturing, a key sector which was ignored by governments before PM\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/jammubulletin.com\/site\/india-must-focus-on-manufacturing-to-compete-with-china-on-economic-front-jaishankar\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India Must Focus On Manufacturing To Compete With China\" \/>\n<meta property=\"og:description\" content=\"To compete with China on the economic front, India should focus on manufacturing, a key sector which was ignored by governments before PM\" \/>\n<meta property=\"og:url\" content=\"https:\/\/jammubulletin.com\/site\/india-must-focus-on-manufacturing-to-compete-with-china-on-economic-front-jaishankar\/\" \/>\n<meta property=\"og:site_name\" content=\"Jammu Bulletin\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/jammubulletinnews\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-02T06:06:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/jammubulletin.com\/site\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-02-at-11.33.58-AM.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1110\" \/>\n\t<meta property=\"og:image:height\" content=\"674\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/jammubulletin.com\/site\/india-must-focus-on-manufacturing-to-compete-with-china-on-economic-front-jaishankar\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/jammubulletin.com\/site\/india-must-focus-on-manufacturing-to-compete-with-china-on-economic-front-jaishankar\/\"},\"author\":{\"name\":\"editor\",\"@id\":\"https:\/\/jammubulletin.com\/site\/#\/schema\/person\/f3c17a1937e1f28a8046d670255ba6c3\"},\"headline\":\"India Must Focus On Manufacturing To Compete With China On Economic Front: Jaishankar\",\"datePublished\":\"2024-04-02T06:06:31+00:00\",\"dateModified\":\"2024-04-02T06:06:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/jammubulletin.com\/site\/india-must-focus-on-manufacturing-to-compete-with-china-on-economic-front-jaishankar\/\"},\"wordCount\":1006,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/jammubulletin.com\/site\/#organization\"},\"articleSection\":[\"header\",\"International\",\"National\",\"Political\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/jammubulletin.com\/site\/india-must-focus-on-manufacturing-to-compete-with-china-on-economic-front-jaishankar\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/jammubulletin.com\/site\/india-must-focus-on-manufacturing-to-compete-with-china-on-economic-front-jaishankar\/\",\"url\":\"https:\/\/jammubulletin.com\/site\/india-must-focus-on-manufacturing-to-compete-with-china-on-economic-front-jaishankar\/\",\"name\":\"India Must Focus On Manufacturing To Compete With China\",\"isPartOf\":{\"@id\":\"https:\/\/jammubulletin.com\/site\/#website\"},\"datePublished\":\"2024-04-02T06:06:31+00:00\",\"dateModified\":\"2024-04-02T06:06:31+00:00\",\"description\":\"To compete with China on the economic front, India should focus on manufacturing, a key sector which was ignored by governments before PM\",\"breadcrumb\":{\"@id\":\"https:\/\/jammubulletin.com\/site\/india-must-focus-on-manufacturing-to-compete-with-china-on-economic-front-jaishankar\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/jammubulletin.com\/site\/india-must-focus-on-manufacturing-to-compete-with-china-on-economic-front-jaishankar\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/jammubulletin.com\/site\/india-must-focus-on-manufacturing-to-compete-with-china-on-economic-front-jaishankar\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/jammubulletin.com\/site\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"India Must Focus On Manufacturing To Compete With China On Economic Front: Jaishankar\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/jammubulletin.com\/site\/#website\",\"url\":\"https:\/\/jammubulletin.com\/site\/\",\"name\":\"Jammu Bulletin\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/jammubulletin.com\/site\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/jammubulletin.com\/site\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/jammubulletin.com\/site\/#organization\",\"name\":\"Jammu Bulletin\",\"url\":\"https:\/\/jammubulletin.com\/site\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/jammubulletin.com\/site\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/jammubulletin.com\/site\/wp-content\/uploads\/2021\/08\/logo.png\",\"contentUrl\":\"https:\/\/jammubulletin.com\/site\/wp-content\/uploads\/2021\/08\/logo.png\",\"width\":344,\"height\":108,\"caption\":\"Jammu Bulletin\"},\"image\":{\"@id\":\"https:\/\/jammubulletin.com\/site\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/jammubulletin.com\/site\/#\/schema\/person\/f3c17a1937e1f28a8046d670255ba6c3\",\"name\":\"editor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/jammubulletin.com\/site\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/fce50f360965fb46cb0a9192cc434c1c9526d30ad06a140ea461e7419b3830af?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/fce50f360965fb46cb0a9192cc434c1c9526d30ad06a140ea461e7419b3830af?s=96&d=mm&r=g\",\"caption\":\"editor\"},\"sameAs\":[\"https:\/\/jammubulletin.com\/site\/\",\"https:\/\/www.facebook.com\/jammubulletinnews\",\"https:\/\/www.instagram.com\/jb_jammubulletin\/\",\"https:\/\/www.youtube.com\/channel\/UCiLYegrAWdxNxRIoaKZgw9g\"],\"url\":\"https:\/\/jammubulletin.com\/site\/author\/editor\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"India Must Focus On Manufacturing To Compete With China","description":"To compete with China on the economic front, India should focus on manufacturing, a key sector which was ignored by governments before PM","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/jammubulletin.com\/site\/india-must-focus-on-manufacturing-to-compete-with-china-on-economic-front-jaishankar\/","og_locale":"en_US","og_type":"article","og_title":"India Must Focus On Manufacturing To Compete With China","og_description":"To compete with China on the economic front, India should focus on manufacturing, a key sector which was ignored by governments before PM","og_url":"https:\/\/jammubulletin.com\/site\/india-must-focus-on-manufacturing-to-compete-with-china-on-economic-front-jaishankar\/","og_site_name":"Jammu Bulletin","article_author":"https:\/\/www.facebook.com\/jammubulletinnews","article_published_time":"2024-04-02T06:06:31+00:00","og_image":[{"width":1110,"height":674,"url":"https:\/\/jammubulletin.com\/site\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-02-at-11.33.58-AM.png","type":"image\/png"}],"author":"editor","twitter_card":"summary_large_image","twitter_misc":{"Written by":"editor","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/jammubulletin.com\/site\/india-must-focus-on-manufacturing-to-compete-with-china-on-economic-front-jaishankar\/#article","isPartOf":{"@id":"https:\/\/jammubulletin.com\/site\/india-must-focus-on-manufacturing-to-compete-with-china-on-economic-front-jaishankar\/"},"author":{"name":"editor","@id":"https:\/\/jammubulletin.com\/site\/#\/schema\/person\/f3c17a1937e1f28a8046d670255ba6c3"},"headline":"India Must Focus On Manufacturing To Compete With China On Economic Front: Jaishankar","datePublished":"2024-04-02T06:06:31+00:00","dateModified":"2024-04-02T06:06:31+00:00","mainEntityOfPage":{"@id":"https:\/\/jammubulletin.com\/site\/india-must-focus-on-manufacturing-to-compete-with-china-on-economic-front-jaishankar\/"},"wordCount":1006,"commentCount":0,"publisher":{"@id":"https:\/\/jammubulletin.com\/site\/#organization"},"articleSection":["header","International","National","Political"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/jammubulletin.com\/site\/india-must-focus-on-manufacturing-to-compete-with-china-on-economic-front-jaishankar\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/jammubulletin.com\/site\/india-must-focus-on-manufacturing-to-compete-with-china-on-economic-front-jaishankar\/","url":"https:\/\/jammubulletin.com\/site\/india-must-focus-on-manufacturing-to-compete-with-china-on-economic-front-jaishankar\/","name":"India Must Focus On Manufacturing To Compete With China","isPartOf":{"@id":"https:\/\/jammubulletin.com\/site\/#website"},"datePublished":"2024-04-02T06:06:31+00:00","dateModified":"2024-04-02T06:06:31+00:00","description":"To compete with China on the economic front, India should focus on manufacturing, a key sector which was ignored by governments before PM","breadcrumb":{"@id":"https:\/\/jammubulletin.com\/site\/india-must-focus-on-manufacturing-to-compete-with-china-on-economic-front-jaishankar\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/jammubulletin.com\/site\/india-must-focus-on-manufacturing-to-compete-with-china-on-economic-front-jaishankar\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/jammubulletin.com\/site\/india-must-focus-on-manufacturing-to-compete-with-china-on-economic-front-jaishankar\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/jammubulletin.com\/site\/"},{"@type":"ListItem","position":2,"name":"India Must Focus On Manufacturing To Compete With China On Economic Front: Jaishankar"}]},{"@type":"WebSite","@id":"https:\/\/jammubulletin.com\/site\/#website","url":"https:\/\/jammubulletin.com\/site\/","name":"Jammu Bulletin","description":"","publisher":{"@id":"https:\/\/jammubulletin.com\/site\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/jammubulletin.com\/site\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/jammubulletin.com\/site\/#organization","name":"Jammu Bulletin","url":"https:\/\/jammubulletin.com\/site\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/jammubulletin.com\/site\/#\/schema\/logo\/image\/","url":"https:\/\/jammubulletin.com\/site\/wp-content\/uploads\/2021\/08\/logo.png","contentUrl":"https:\/\/jammubulletin.com\/site\/wp-content\/uploads\/2021\/08\/logo.png","width":344,"height":108,"caption":"Jammu Bulletin"},"image":{"@id":"https:\/\/jammubulletin.com\/site\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/jammubulletin.com\/site\/#\/schema\/person\/f3c17a1937e1f28a8046d670255ba6c3","name":"editor","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/jammubulletin.com\/site\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/fce50f360965fb46cb0a9192cc434c1c9526d30ad06a140ea461e7419b3830af?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/fce50f360965fb46cb0a9192cc434c1c9526d30ad06a140ea461e7419b3830af?s=96&d=mm&r=g","caption":"editor"},"sameAs":["https:\/\/jammubulletin.com\/site\/","https:\/\/www.facebook.com\/jammubulletinnews","https:\/\/www.instagram.com\/jb_jammubulletin\/","https:\/\/www.youtube.com\/channel\/UCiLYegrAWdxNxRIoaKZgw9g"],"url":"https:\/\/jammubulletin.com\/site\/author\/editor\/"}]}},"_links":{"self":[{"href":"https:\/\/jammubulletin.com\/site\/wp-json\/wp\/v2\/posts\/14204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jammubulletin.com\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jammubulletin.com\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jammubulletin.com\/site\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/jammubulletin.com\/site\/wp-json\/wp\/v2\/comments?post=14204"}],"version-history":[{"count":1,"href":"https:\/\/jammubulletin.com\/site\/wp-json\/wp\/v2\/posts\/14204\/revisions"}],"predecessor-version":[{"id":14206,"href":"https:\/\/jammubulletin.com\/site\/wp-json\/wp\/v2\/posts\/14204\/revisions\/14206"}],"wp:attachment":[{"href":"https:\/\/jammubulletin.com\/site\/wp-json\/wp\/v2\/media?parent=14204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jammubulletin.com\/site\/wp-json\/wp\/v2\/categories?post=14204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jammubulletin.com\/site\/wp-json\/wp\/v2\/tags?post=14204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}