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Modi names India’s ‘true enemy’ | Modi names India’s ‘true enemy’ |
(30 minutes later) | |
The prime minister warned that reliance on other nations is detrimental to the national economy | The prime minister warned that reliance on other nations is detrimental to the national economy |
Indian Prime Minister Narendra Modi has said his country’s true enemy is not another nation but dependence on foreign powers. | Indian Prime Minister Narendra Modi has said his country’s true enemy is not another nation but dependence on foreign powers. |
Speaking at an event in Gujarat, where he launched maritime projects worth over $40 billion, Modi said India is “progressing with the sentiment of being a global friend” and has no major adversaries. | Speaking at an event in Gujarat, where he launched maritime projects worth over $40 billion, Modi said India is “progressing with the sentiment of being a global friend” and has no major adversaries. |
“In the true sense, if we have any enemy, it is dependence on other countries,” he added. | “In the true sense, if we have any enemy, it is dependence on other countries,” he added. |
Modi emphasized that India must be self-reliant in order to achieve prosperity and ensure “peace and stability.” He called for a boost in domestic production and the reduction of dependence on external players. | |
“If we remain at the mercy of others, our self-respect will also be hurt… We cannot risk our future generations on others,” he said. | “If we remain at the mercy of others, our self-respect will also be hurt… We cannot risk our future generations on others,” he said. |
Highlighting the maritime sector, Modi urged a revival of the domestic shipbuilding and high-tech industries. He noted that five decades ago, Indian ships were responsible for 40% of the country’s overseas trade, compared with just 5% today. | Highlighting the maritime sector, Modi urged a revival of the domestic shipbuilding and high-tech industries. He noted that five decades ago, Indian ships were responsible for 40% of the country’s overseas trade, compared with just 5% today. |
The billions of dollars paid annually to foreign shipping companies now rival the country’s defense budget, he said, adding that this reliance has already caused significant harm. | The billions of dollars paid annually to foreign shipping companies now rival the country’s defense budget, he said, adding that this reliance has already caused significant harm. |
“Whether chips or ships, we need to make them in India,” he said. | “Whether chips or ships, we need to make them in India,” he said. |
Modi’s remarks come amid rising trade tensions with the US. Last month, Washington imposed a 25% tariff on most Indian imports over Russian oil purchases, which came in addition to comparable duties introduced after talks collapsed in August. | |
The White House also announced a new $100,000 annual fee on H-1B visa applications, which the IT trade association Nasscom said would target skilled Indian workers. | The White House also announced a new $100,000 annual fee on H-1B visa applications, which the IT trade association Nasscom said would target skilled Indian workers. |