 Namaste, sir. Honourable Prime Minister of India, Honourable Ministers of the Union Council of Ministers, Secretaries to Government of India, and senior officials from various participating ministries, industry leaders, distinguished representatives of industry associations, ladies and gentlemen. It's my proud privilege to welcome the Honourable Prime Minister of India to today's webinar on the Product Limit Incentive Scheme, a pioneering initiative of the present government designed to push India several not just up on the manufacturing sector and promote India's commitment towards Akshma Nivarbhara. Sir, today's gathering includes Honourable Ministers of the Cabinet, CEO Nithya Iyog, senior officers from the ministries and departments of Government of India, industry leaders, industry associations, and around 350 representatives, very senior representatives of various industries, private sector, are participating in today's webinar. In the Union budget of 2021, the Honourable Finance Minister announced a total financial outlay of around 1.97 lakh crores for promoting PLI schemes in 13 key sectors. These schemes have been carefully designed to play an instrumental role in boosting domestic manufacturing, reducing import bills, integrating India into the global supply chains, and acquire core competence and cutting edge technologies needed by our companies to succeed in the international domain. PLI schemes will create the manufacturing champions within India who can compete and integrate India into the global supply chain. The private sector will drive this and the Central Government ministries and the State Government are expected to hand hold and support the private sector initiative to boost the PLI scheme. This scheme is reviewed regularly by the Cabinet Secretary and the Empowered Group of Secretaries. Regular consultations are held between the ministries and NITIIO to ensure that the schemes are launched and implemented without any hassle and delay. Today's webinar is modeled upon a consultative framework which aims to bring all the key stakeholders to a single platform so that they can exchange their knowledge and experience to ensure a smooth implementation process and formulate action plans for this PLI scheme. With sincere gratitude, sir, I now request you, our Honorable Prime Minister of India, to share his vision and provide us with his valuable guidance on this subject. Over to you, PM sir. Hello. In such a large scale, I would like to welcome all of you from all corners of India to be part of this important webinar. This is an important lesson in itself. I would like to welcome all of you with my heart. You are familiar with the fact that we have come to a new idea with regards to the implementation of the budget. And we are making a new attempt. And if this is a successful attempt, then it will be very beneficial in the future as well. There have been many such webinars that have been made by thousands of people who have been able to talk to us about the budget. They have been doing webinars all day long. And they have come to a very good conclusion for implementation in a very good way. I feel that more than the government, you are two steps ahead and two steps ahead of you. This is a very happy news for me. It is a happy experience. And I am confident that even in today's situation, we will also try that the budget of the country and the policy-making for the country should not only be made by the government. Every stakeholder should have effective engagement in this. In this respect, today's manufacturing sector is being discussed with all the important friends who are making India proud. In the last few weeks, as I told you, the people of different sectors have been very successful. They have been very innovative. Today's webinar focus is especially on the production link incentives. In the next six to seven years, in different sectors, to make India proud, many have been successful. All of you have been involved in this. Now, in order to take these efforts to the next level and take big steps, we need to increase our speed and scale a lot. And after the last one-year experience of COVID-19, I am convinced that India is not just a chance. It is a responsibility for India and the world. It is a responsibility for every country in the world. And that is why we need to increase our speed and scale very quickly. You all know very well that manufacturing means how it transforms every segment of the world. How it creates influence. How it creates an ecosystem. There are many examples in front of us where countries have increased their manufacturing capacity to increase the development of the country. Increased manufacturing capabilities also increase the employment generation in the country. India, along with this approach, wants to work very quickly and move forward. In this sector, our government is reforming one after the other in order to increase manufacturing. Our policy and strategy are in every direction. Our plan is minimum government and maximum governance. Our approach is zero-effects and zero-defects. To make India's manufacturing companies globally competitive, we need to do one thing every day and night. Our production costs, quality and efficiency of our products must be recognized in the global market. We need to work together. Our products should be user-friendly. Technology should be most modern. It should be affordable. It should sustain for a long time. In the core competencies of the sector, cutting-edge technology and investment will have to pay more attention to us. And in the end, we all need to work together in this industry. Government is trying to move forward with a single focus. Whether it is about giving strength to the business, reducing the compliance burden, reducing the logic-strict cost, making it a multi-modal infrastructure, or the export-hubs of the entire sector. Our government believes that instead of solving the problems of the entire sector, the government is creating more problems. So, self-regulation, self-attesting, self-certification... It is our duty to move forward with a single focus on the citizens of the country. We are trying to reduce more than 6,000 compliances of the central and the state sector this year. In this regard, your opinions and decisions are very important. It is possible that you will not get enough time in the webinar. You can send me a letter. We are going to take it seriously. Because the compliance burden should be less. Technology has come. Everything should be kept in this form. This has to be free from this. In the same way, to promote export on a local level, the exporters and producers are working in many areas to make the global platform available. With this, you will get a lot of help from MSMEs, farmers, small-sized farmers, and all of them will get a lot of help from the export sector. Along with this, production, link-incentive, manufacturing and export is our feeling. The manufacturing companies around the world should make India their base and our home industry, our MSMEs, and the rest of the world. With this thought, if we can give concrete ideas in this webinar, the philosophy we have come up with will be a good result. The purpose of this project is that in different sectors, in the core competencies and exports of Indian industries, we will have to increase the global presence. We will have to export from two to four regions of India with the same item in the same place, in the same country. This needs to be changed. Why not be in every district of India? Why not import from every country of the world? Why not be in every region of the world? Why not be in every kind of thing? You must have seen a clear difference between the previous and the present. First, industrial incentives. An open-ended input-based subsidies was used. Now, it has been targeted by a competitive process. For the first time, it is our commitment to bring 13 sectors in this way. The sector for which PLIs are available, will benefit the entire ecosystem from this sector. In auto and pharma, from PLIs, auto parts, medical equipment, and the raw materials of medicines, the foreign economy will be reduced. Advanced cell batteries, solar PV modules, and specialty steel, will benefit the energy sector in the country. Our raw material, our labour, our skill, our talent, we can make a big jump. Similarly, the PLIs available to the textile and food processing sector, will benefit the entire agriculture sector. Our farmers, crops, farmers, that is, the entire rural area, will be affected by this. It will be helpful to increase the income. You have just seen yesterday, that after the introduction of India, the United Nations announced the year 2023, that is, after two years, the International Year of Millets announced the year 2023. More than 70 countries came to support India. And then, in the VN General Assembly, this proposal was accepted by all. This is a matter of increasing the number of farmers. This is also a big opportunity for our farmers. And especially in that, there are fewer farmers, where the income is less, and where there is a big income. The work of bringing this big income to the world, through the UN, the proposal that we have made, has been accepted for 2023. The small farmers of India, where the income is not available, the fields of the rural area, how much is the strength of our poor farmers? How much is the nutrition value? How much variety can be there? How can this be affordable in the world? How big an opportunity is there in front of us? Just like we have presented yoga to the world, just like that, all of us together, especially the agro processing people, can reach the world for a big income. In the year of 2023, we have time, we can start the discussion in the whole world. Just like that, to save from the corona, there is a Made in India vaccine, just like that, to save people from getting sick, the millets that were made in India, the big income, the nutrition value of it, will be used as much as that. On the positive effect of the millets or the big income, we all are familiar with it. At one time, the millets were very busy in the kitchen. Now this train is returning. After the birth of India, in the year of 2023, the international year of millets will increase the demand for millets in the country and abroad. This will benefit our farmers and especially the country, small farmers. Therefore, my agriculture and the food processing sector will take full advantage of this opportunity. I will also suggest from your webinar to make a small task force which is the model of public private partnership. How can we advance this millets mission in the world? We can think on this. What varieties can be made that are different from the world's tastes and are very powerful for health? Along with that, in the budget of this year, the PLI scheme has provided approximately 2 lakh crores of rupees. The production capacity has been increased by 5% in the form of incentives. That is, during the PLI scheme, in the coming 5 years, the production of 520 billion dollars will be available in India. The same is the case for the sectors of the PLI scheme. In those sectors, the workforce that is currently working will be approximately twice as much. There will be a huge impact on the PLI scheme in daily life. The industry will benefit from production and export. The demand that will increase in the country will benefit from it that is, 2 times the benefit. Friends, the PLI scheme that has been implemented is being implemented rapidly. IT, hardware and telecom equipment manufacturing have also received benefits from the PLI scheme. I am sure that the partners from these sectors have made their assessment. In the case of IT hardware, in the coming 4 years, the production capacity of approximately 3.5 trillion rupees will be increased by 5 to 10 percent in the coming 5 years. In the same way, the telecom equipment manufacturing will also be able to produce approximately 2.5 lakh crore rupees in the coming 5 years. In the same way, the telecom equipment manufacturing will also be able to produce approximately 2 lakh crore rupees in the coming 5 years. In the coming 5 to 6 years, the investment of approximately 1 lakh crore rupees will be able to produce approximately 2 lakh crore rupees. The investment of approximately 2 lakh crore rupees will be able to produce approximately 3 lakh crore rupees. In India, today, the amount of vaccine The world is going full speed. They are not empty. They are the biggest trust on India, the people of India, the people of India and the people of those countries. The blessings of love and the health of the elderly. Don't take a single thought and say that they are coming full speed. And in this difficult time, the faith that is formed, it does not only create the influence, it is the faith that is present, it is immortal, it is the spirit that is present. The way India is serving humanity today, and it is doing it with humility, we are not doing it with ego, we are doing it with determination. This is our culture. In the whole world, India has become a very big brand in its own. India's identity, India's identity is constantly reaching new heights. And this faith is not just for vaccines, it is not just for the pharma sector. When a country becomes a brand, then every aspect of it, every individual of the universe, it increases respect, it increases support, and it becomes its first choice. Our medicines, our medical professions, the medical equipments in India, these all have increased faith today. To give respect to this faith, to take advantage of this time, what is our negative attitude? The pharma sector will have to work on this at the same time. And friends, the faith made on India, every sector should have the opportunity to move forward with the support of this. And therefore, in this pharma sector, every sector should start their own strategy. This is not about losing time, this is about gaining time. This is about gaining time for the country, this is about gaining time for your own company. And friends, what I am saying is that it is not even a little bit difficult to do this. The success story of the PAI team, it supports them completely. Yes, it is possible. Such a success story is also about the electronics manufacturing sector. Last year, we launched the PLI scheme for the implementation of mobile phone and electronic components. During the pandemic, in this sector too, 35,000 crore rupees were produced. Not only that, in this period of the pandemic, in this sector too, around 13,000 crore rupees have been invested. With this, thousands of new jobs have been created in this sector. Along with this, the effect of the PLI scheme is going to be the MSME ecosystem of the country. This is why I am saying this, because the anchor units in every sector will need a new supplier base in the entire value chain. These ancillary units will mostly be made in the MSME sector. The work to prepare MSME for such an opportunity has already been started. With the definition of MSME, we are getting a lot of benefits from this sector. Today, when we are sitting here, we are also waiting for your proactive participation. If you are facing any problems with the PLI scheme, if there are any improvements that you feel are necessary, then do keep in mind to reach me as well. Along with this, during difficult times, we have shown that we can achieve a lot of goals through social efforts. This is the same approach of collaboration. We will build a self-fulfilling India. Now, you all in the industry have to move ahead and work on new opportunities. Now, the industry has to focus on making the best quality goods of the country and the world. The industry will have to innovate according to the needs of fast-moving, fast-changing world. In R&D, it will have to increase its destiny. It will have to work more in the use of manpower, skill-upgradation and new technology. That is when we will be globally competent. I am confident that from today's month-end, make in India, make for the world, you all think about this journey. You all make suggestions. With this, you will get new power, new power, new music, new energy. Then, I would like to say that whatever problems you are facing, whatever your suggestions are regarding reforms, they should reach me with open mind. The government is ready for all your suggestions and solutions. I would like to say one more thing. Whatever the government's incentives are, sometimes you feel that the goods in the world are cheaper than ours. It will be right in its place. But listen to me. These are the biggest powers of quality. Our products are in high quality competition. Then, the world is ready to pay more than Rs.2. Today, India has become a brand. Now, you are only making yourself a product. You will not have to work too hard. If you have to work hard, then you have to do the production on quality. The advantage of PLI is not that of getting more benefits. The advantage of PLI is that it gives strength to the quality of the product. Today's discussion will also focus on this. It will be very beneficial. I am very proud of you. You are going to sit all day. I am not taking you much time. I wish you all the best. I wish you all the best. Thank you, sir. I would like to extend our sincere gratitude to the Honourable Prime Minister for sharing his vision, his expectations and providing his valuable guidance to all of us. I also express my sincere gratitude to the Honourable Union Ministers for their encouragement and gracious presence. And my sincere thanks to the distinguished members of the industry and my colleagues from the Government of India. Thank you so much.