Launches two major initiatives designed to support and uplift MSMEs in the Indian automotive industry
“MSMEs are key players in propelling the automotive industry forward and are vital to the nation's economic growth”
“Automobile industry is a powerhouse of the economy
“Today our MSMEs have a great opportunity to become a strong part of the global supply chain”
“Country is seeing the future of MSME as the nation's MSME”
“Government of India is standing shoulder to shoulder with every industry today”
“Take innovation and competitiveness forward. The government is completely with you”

The Prime Minister, Shri Narendra Modi participated in the program ‘Creating the Future – Digital Mobility for Automotive MSME Entrepreneurs’ in Madurai, Tamil Nadu today and addressed thousands of Micro, Small and Medium enterprises (MSMEs) entrepreneurs working in the automotive sector. The Prime Minister also interacted with Gandhigram-trained women entrepreneurs and schoolchildren

Addressing the occasion, the Prime Minister said that it is a delightful experience to be present among minds of the technology and innovation sector and remarked that the feeling is similar to visiting a laboratory that crafts the future. He underlined that Tamil Nadu has proved its mettle on the global stage when it comes to technology, especially in the automotive sector. He expressed happiness at the theme of the event ‘Creating the future - Digital Mobility for Automotive MSME Entrepreneurs’ and congratulated TVS company for bringing together all the MSMEs and the aspirational youth on a single platform. The Prime Minister expressed confidence that the development of Viksit Bharat along with the automobile industry will get the required push.

The Prime Minister mentioned that 7 percent of the country’s GDP comes from the automobile industry which makes it a major part of the nation’s autonomy. The Prime Minister also acknowledged the role of the automobile industry in promoting manufacturing and innovation.

Noting that the contributions of the automobile industry towards India are similar to that of the contributions of MSMEs in the automobile industry itself, the Prime Minister informed that more than 45 lakh cars, 2 crore two-wheelers, 10 lakhs commercial vehicles and 8.5 lakh three-wheelers are produced in India every year. He also acknowledged the use of 3000-4000 different automotive parts in every passenger vehicle and said that lakhs of such parts are used every day in the manufacturing process. “It is the MSMEs of India that are responsible for the manufacture of these parts”, the Prime Minister said, noting their presence in most Tier I and II cities of India. “Many cars in the world use components manufactured by Indian MSMEs”, the Prime Minister said underlining the global possibilities knocking on our doors.

“Today our MSMEs have a great opportunity to become a strong part of the global supply chain”, the Prime Minister said emphasizing the need to work on quality and durability and reiterated his philosophy of ‘zero defect-zero effect’ covering quality and environmental sustainability..

The Prime Minister acknowledged the potential of India’s MSMEs during the pandemic. “Country is seeing the future of MSME as the nation's MSME”, he added. Explaining the government’s multi-pronged push for MSME, the Prime Minister mentioned PM Mudra Yojana and PM Vishwakarma Yojana. Furthermore, MSME Credit Guarantee Scheme saved lakhs of jobs in MSME during the pandemic.

Prime Minister Modi affirmed that low-cost loans and facilities for working capital are being ensured for MSMEs in every sector today, thereby expanding their scope. He noted that the government’s emphasis on the upgradation of the country’s small enterprises is also proving to be a strengthening factor. “The government of today is taking care of the MSMEs’ need for new technology and skills”, the Prime Minister said, highlighting the skill development programs underway in the country. Underlining the role of skill development in shaping the future, the Prime Minister highlighted the special emphasis given to skill development and further added that a new Ministry has been created since coming to power. “Advanced skill universities with room for upgradation is the need of the hour for India”, he added.

The Prime Minister requested the entrepreneurs to enhance their capacity in line with the growing demand for EVs. PM Modi mentioned the recently launched PM Suryaghar Yojana for rooftop solar which will provide free electricity and extra income to the beneficiaries. With an initial target of 1 crore households, the Prime Minister said that EV vehicles will get more accessible charging stations in the houses.

The Prime Minister also dwelled on a 26,000 crore rupees worth PLI scheme for auto and auto components which is promoting hydrogen vehicles along with manufacturing. More than 100 advanced automotive technologies are being promoted through this. “When new technologies develop in the country, global investment in those technologies will also come to India” " the Prime Minister said, exhorting the entrepreneurs to expand their capacity and explore new areas.

Acknowledging the presence of challenges along with opportunities, the Prime Minister mentioned digitalization, electrification, alternative fuel vehicles and market demand fluctuation as key issues. He stressed the need to work with the right strategy to convert these into opportunities.

The Prime Minister also pointed out steps in the direction of formalization of MSMEs like amendment in the definition of MSME, clearing the way for the growth in size for MSMEs.

“Government of India is standing shoulder to shoulder with every industry today”, PM Modi remarked. He said that earlier, one had to visit government offices for even the smallest matters, be it an industry or an individual, but the government of today is tackling all the issues faced by every sector. He mentioned eliminating more than 40,000 compliances and decriminalizing many minor business-related mistakes in the last few years.

“Be it the new logistics policy or GST, all these have helped the small-scale industries of the automobile sector”, the Prime Minister said. He underlined that The government has given a direction to infrastructure development in India by making PM Gatishakti National Master Plan under which, the infrastructure of the future is being created by processing data in more than one and a half thousand layers giving huge power to multi-modal connectivity. He also emphasized developing support mechanisms for every industry and urged the stakeholders of the Automobile MSME sector to take advantage of this support mechanism. “Take innovation and competitiveness forward. The government is completely with you. I am sure, this effort of TVS will also help you in this direction”, the Prime Minister said.

Prime Minister Modi also touched upon the scrapping policy of the government and expressed the desire to replace all old vehicles with new modernized ones and urged the stakeholders to take maximum advantage. He also spoke about coming forward with innovative and planned ways of shipmaking and the market for recycling its parts. Concluding the address, the Prime Minister also threw light on the challenges faced by drivers and mentioned creating 1,000 centers for facilities for drivers on the highway. The Prime Minister conveyed his best wishes and said that the government stands by them in their plans to take the nation to new heights.

Union Minister of State, Dr L Murugan and Chairman of TVS Supply Chain Solutions Ltd, Shri R Dinesh were present on the occasion among others.

Background

In Madurai, the Prime Minister participated in the program ‘Creating the Future – Digital Mobility for Automotive MSME Entrepreneurs’, and addressed thousands of Micro, Small and Medium enterprises (MSMEs) entrepreneurs working in the automotive sector. The Prime Minister also launched two major initiatives designed to support and uplift MSMEs in the Indian automotive industry. The initiatives include the TVS Open Mobility Platform and the TVS Mobility-CII Centre of Excellence. These initiatives are a step towards realizing the Prime Minister’s vision of supporting the growth of MSMEs in the country and helping them to formalize operations, integrate with global value chains and become self-reliant.

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Namaskar!

All journalists of Network 18, all colleagues overseeing this arrangement, all distinguished guests present here, ladies and gentlemen!

You are all discussing Rising India. And in this, your emphasis is on strength within-in simple words, your focus is on the nation’s own inherent capability. In our scriptures it is said: Tat Tvam Asi!-that which we seek in the Brahman is within us, it is us ourselves. The strength lies within us, and we must recognize it. In the past 11 years, India has recognized that very strength, and today the nation is continuously striving to empower it.

Friends,

Strength in a nation does not suddenly emerge; it is built over generations. It is refined through knowledge, tradition, hard work, and experience. But during a long period of history, through centuries of slavery, the very spirit of being strong was filled with inferiority. Imported ideologies instilled deeply into society the belief that we were uneducated and mere followers. Our scriptures say: Yādṛśī bhāvanā yasya, siddhir bhavati tādṛśī-as is one’s belief, so is the accomplishment. When the belief itself was inferior, the accomplishment was also inferior. We copied foreign technologies, waited for foreign approval-this was slavery not just political or geographical, but mental. Unfortunately, even after independence, India could not free itself from this mentality of slavery. And we are still paying the price for it. A fresh example can be seen in the discussions around trade deals. Some people are surprised-how did this happen, why are developed nations so eager to make trade deals with India? The answer lies in a confident India, emerging out of despair and hopelessness. If the country were still stuck in the pre-2014 gloom, counted among the “Fragile Five,” trapped in policy paralysis-who would have made trade deals with us, who would have even looked at us?

But friends,

In the past 11 years, new energy has flowed into the nation’s consciousness. India is now striving to regain its lost strength. Once upon a time, when India had the greatest dominance in the global economy, what was our strength? India’s manufacturing, the quality of Indian products, India’s economic policies. Today’s India is once again focusing on these aspects. That is why we worked on manufacturing, emphasized Make in India, strengthened our banking system, controlled inflation that was running in double digits, and made India the growth engine of the world. It is this strength of India that has developed nations themselves coming forward to make trade deals with us.

Friends,

When the hidden power of a nation awakens, it achieves new milestones. Let me give you some more examples. Whenever I meet heads of government from other countries, they are eager to hear about the immense power of Jan Dhan, Aadhaar, and Mobile. In a country where ATMs arrived much later compared to developed nations, how did India achieve global leadership in digital payments? Where leakage in government aid was accepted as bitter truth, how did India, through DBT, transfer 24 lakh crore rupees-twenty-four trillion rupees-to beneficiaries? India’s digital public infrastructure has today become a subject of global discussion.

Friends,

The world is astonished-how India where until 2014 nearly 30 million families lived in darkness, became one of the top countries in solar power capacity? How did India whose cities had no hope of improved public transport, become the third-largest metro network country in the world? How did India whose railways were known only for delays and slow speed achieve semi-high-speed connectivity with Vande Bharat and Namo Bharat?

Friends,

There was a time when India was only a consumer of new technology. Today, India is also a creator of new technology and is setting new standards. And this has happened because we recognized our own strength-the very strength within you are discussing is an example of this.

Friends,

When we move forward with pride, the way the world looks at us also changes. Remember, just a few years ago, how little global media discussed India’s events. Events in India were not given much importance. And today, see how every action of India is analyzed globally. The AI Summit is an example-it was held right here in this building. More than 100 countries participated. Whether Global North or Global South, all sat together at one table. From large corporations to small startups, all gathered together.

Friends,

In all the industrial revolutions so far, India and the entire Global South were only followers. But in this era of Artificial Intelligence, India is not only a participant in decisions but is also shaping them. Today we have our own AI startup ecosystem, the strength to invest in data centers, and we are working rapidly on the power most needed to store and process AI data. The reforms we have made in the nuclear power sector will also help strengthen India’s AI ecosystem.

Friends,

The organization of the AI Summit was a moment of pride for the whole of India. But unfortunately, the country’s oldest party tried to tarnish this celebration. In front of foreign guests, Congress did not just strip off clothes, but also exposed its ideological bankruptcy. When failure breeds despair and arrogance takes over, such thinking emerges that seeks to defame the nation. Clearly, Congress’s actions have angered the country. To justify its sin, they brought Mahatma Gandhi forward. Congress always does this-when it wants to hide its sins, it puts Bapu forward; when it wants to glorify itself, it gives all credit to one family.

Friends,

Congress has now reduced itself to a mere toolkit of opposition in the name of ideology. This mentality of blind opposition has grown so much that they do not miss any chance to belittle the nation on every stage, every platform. Whatever good happens for the country, whatever auspicious occurs, Congress only knows how to oppose.

Friends,

I have a long list-the new Parliament building was constructed, they opposed it. The lions of the Ashoka pillar atop Parliament-they opposed it. Those whose lions once ran away after eating ordinary citizens’ shoes, were frightened by the teeth of the Parliament’s lions. The Kartavya Path was built, they opposed it. The armed forces carried out surgical strikes, they opposed it. The Balakot air strike happened, they opposed it. Operation Sindoor was conducted, they opposed it. In short, for every achievement of the nation, Congress’s toolkit produces only one thing-opposition.

Friends,

The nation brought down the wall of Article 370, the country rejoiced. But Congress opposed it. We enacted the CAA law-they opposed it. We introduced the Women’s Reservation Bill-they opposed it. We brought a law against triple talaq-they opposed it. We launched UPI-they opposed it. We initiated the Swachh Bharat Mission-they opposed it. The country developed its own COVID vaccine, and even that they opposed.

Friends,

In a democracy, opposition does not mean blind resistance. In democracy, opposition means presenting an alternative vision. That is why the enlightened citizens of the country have been teaching Congress a lesson-not just today, but continuously for the past four decades. What I am about to say, I urge my media colleagues to analyze as well. You will see that Congress’s votes are not being stolen; rather, the people of the country no longer consider Congress worthy of their vote. And this decline began after 1984. In 1984, Congress received 39 percent of the vote and more than 400 seats. In subsequent elections, Congress’s vote share kept declining. And today, Congress’s condition is such that only four states remain where Congress has more than 50 legislators. Over the past 40 years, the number of young voters has increased, and Congress has steadily disappeared. Congress has become a club of people enslaved to one family. That is why first the millennials taught Congress a lesson, and now Gen Z is also ready.

Friends,

Congress and its allies have such a narrow mindset that they have even made long-term vision a crime. Today, when we talk about a developed India by 2047, some people ask-“Why talk about something so far ahead now?” Some even say, “Modi won’t be alive till then.” The truth is that nation-building never happens through short-term thinking. It happens through a grand vision, patience, and timely decisions. Let me present some facts before Network 18’s viewers. Every year, India spends more than 6 lakh crore rupees on freight through foreign ships. On fertilizer imports, we spend 2.25 lakh crore rupees annually. On petroleum imports, we spend 11 lakh crore rupees annually. That means, every year, trillions of rupees are flowing out of the country. If this investment had been directed towards self-reliance 20–25 years ago, today this capital would have been strengthening India’s infrastructure, research, industry, farmers, and youth. Today, our government is working with this very vision. To avoid paying 6 lakh crore rupees to foreign ships, Indian shipping and port infrastructure is being strengthened. To increase domestic fertilizer production, new plants are being set up, and nano-urea is being promoted. To reduce dependence on petroleum, ethanol blending, the Green Hydrogen Mission, solar energy, and electric mobility are being prioritized.

And friends,

We must take decisions today while keeping the future in mind. That is why India is building a semiconductor ecosystem. In defense production, mobile manufacturing, drone technology, the critical minerals sector, and investments therein-we are laying the foundation for economic security in the coming decades. The 2047 goal is not a political slogan. It is also a resolve to correct the historical mistakes where Congress governments failed to invest in time. Today, if we build indigenous ships, produce our own energy, and develop new technologies ourselves, then future generations will not discuss the burden of imports, but the capacity for exports. The progress of a nation is determined not by “today’s convenience” but by “tomorrow’s preparation.” And the hard work done with foresight is the foundation of a self-reliant, strong, and prosperous India in 2047. And no matter how many clothes Congress tears in protest, we will continue to work tirelessly.

Friends,

One very important condition of nation-building is sincerity of intent. Congress and its allies have failed even here. They have never worked with sincerity. They have no concern for the suffering of the poor. For example, in Bengal, the Ayushman Bharat scheme has still not been implemented. If there were sincerity, would they have blocked a scheme that provides free treatment up to 5 lakh rupees for the poor? No. You also know that under the PM Awas Yojana, permanent houses are being built for the poor. Let me give another figure to Network 18’s viewers. In Tamil Nadu, about 9.5 lakh permanent houses have been allocated for poor families-9.5 lakh. But construction of 3 lakh of these houses has stalled. Why? Because the DMK government is not showing interest in building these homes for the poor. And the reason is clear-their intent is not sincere.

Friends,

Let me also give you an example from the agriculture sector. During Congress’s time, farming was left to its fate. Small farmers were ignored, crop insurance was in shambles, the Swaminathan Committee’s report on MSP was buried in files. Congress made announcements in the budget, but nothing happened on the ground-because they lacked sincerity. We began working sincerely for the farmers of the country, and today the world is witnessing the results. Today, India is becoming one of the major agricultural exporters in the world. We have created a safety net for farmers at every level. Through the PM Kisan Samman Nidhi, more than 4 lakh crore rupees have been deposited directly into farmers’ accounts. We set MSP at 1.5 times the cost and made record purchases. Let me give you just one figure-pulses. The UPA government, in 10 years, purchased only 6 lakh metric tons of pulses at MSP-6 lakh metric tons. Our government has already purchased about 170 lakh metric tons of pulses at MSP-nearly 30 times more. Now you decide who truly works for the farmers.

Friends,

The UPA government was also stingy in providing help to farmers through the Kisan Credit Card. In its 10 years, the UPA government gave 7 lakh crore rupees in agricultural loans-7 lakh crore rupees. Whereas our government has given four times more-28 lakh crore rupees. During UPA’s time, only 5 crore farmers benefited from this. Today, the number has more than doubled, reaching nearly 12 crore farmers. That means, for the first time, even small farmers have received help. Our government has also given farmers the protective shield of the PM Fasal Bima Yojana. Under this, about 2 lakh crore rupees have already been provided to farmers in times of crisis. Because we are working with sincerity, the confidence of India’s farmers is rising, their productivity is increasing, and their incomes are growing.

Friends,

A quarter of the 21st century has already passed. The next phase is the decisive period of India’s development. The decisions taken today will determine the direction of the future. We must move forward by recognizing and enhancing our strength. Every individual must aim for excellence in their field, every institution must make excellence its culture. We should not just produce products, but produce best-quality products. We should not just do routine work, but world-class work. We must convert capability into performance. As I said from the Red Fort-this is the time, the right time. This is the time to take India to new heights. Once again, my heartfelt congratulations and thanks to all of you. Namaskar.