It has been a month since Shri Ratan Tata Ji left us. From bustling cities and towns to villages, his absence is deeply felt across every segment of society. Seasoned industrialists, budding entrepreneurs and hardworking professionals mourn his loss. Those passionate about the environment and devoted to philanthropy are equally saddened. His absence has been deeply felt not only across the nation but also around the world.

For the youth, Shri Ratan Tata was an inspiration, a reminder that dreams are worth pursuing and that success can coexist with compassion as well as humility. For others, he represented the finest traditions of Indian enterprise and a steadfast commitment to the values of integrity, excellence and service. Under his leadership, the Tata Group ascended to new heights, embodying respect, honesty and credibility worldwide. Despite this, he wore his achievements lightly, with humility and kindness.

Shri Ratan Tata’s unwavering support for the dreams of others was one of his most defining qualities. In recent years, he became known for mentoring India’s StartUp ecosystem, investing in many promising ventures. He understood the hopes and aspirations of young entrepreneurs and recognised the potential they had to shape India’s future. By backing their efforts, he empowered a generation of dreamers to take bold risks and push boundaries. This has gone a long way in creating a culture of innovation and entrepreneurship, which I am confident will continue to positively impact India for decades to come.

He constantly championed excellence, urging Indian enterprises to set global benchmarks. This vision, I hope, will inspire our future leaders to make India synonymous with world-class quality.

His greatness was not restricted to the boardroom or helping fellow humans. His compassion extended to all living beings. His deep love for animals was well-known and he supported every possible effort focused on animal welfare. He often shared photos of his dogs, who were as much a part of his life as any business venture. His life was a reminder to us all that true leadership is measured not just by one’s achievements, but by one’s ability to care for the most vulnerable.

For crores of Indians, Shri Ratan Tata’s patriotism shone brightest in times of crisis. His swift reopening of the iconic Taj Hotel in Mumbai after the 26/11 terror attacks was a rallying call to the nation—India stands united, refusing to yield to terrorism.

On a personal note, I had the privilege of knowing him very closely over the years. We worked closely in Gujarat, where he invested extensively, including in many of the projects he was very passionate about. Just a few weeks ago, I was in Vadodara with the President of the Government of Spain, Mr. Pedro Sánchez and we jointly inaugurated an aircraft complex where C-295 aircrafts would be made in India. It was Shri Ratan Tata who started working on this. Needless to say, Shri Ratan Tata’s presence was greatly missed.

I remember Shri Ratan Tata Ji as a man of letters—he would frequently write to me on various issues, be it matters of governance, expressing appreciation for government support, or sending congratulatory wishes after electoral victories.

Our close interactions continued when I moved to the Centre and he remained a committed partner in our nation-building efforts. Shri Ratan Tata’s support for the Swachh Bharat Mission was particularly close to my heart. He was a vocal advocate of this mass movement, understanding that cleanliness, hygiene and sanitation are vital for India’s progress. I still remember his heartfelt video message for the Swachh Bharat Mission’s tenth anniversary at the start of October. It was among his final public appearances.

Another cause close to his heart was healthcare and especially the fight against cancer. I recall the programme in Assam two years ago, where we had jointly inaugurated various cancer hospitals in the state. In his remarks that time, he had categorically stated that he wishes to dedicate his final years to healthcare. His efforts to make health and cancer care accessible and affordable were rooted in a profound empathy for those battling diseases, believing that a just society was one that stood by its most vulnerable.

As we remember him today, we are reminded of the society he envisioned—where business can serve as a force for good, where every individual’s potential is valued and where progress is measured in the well-being and happiness of all. He remains alive in the lives he touched and the dreams he nurtured. Generations will be grateful to him for making India a better, kinder and more hopeful place.

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10 years of 'Make in India'
September 25, 2024

‘Make in India’ initiative turns 10 today!

Today is an occasion to salute each and every one of you who has made this initiative a roaring success. Each of you is a pioneer, visionary and innovator, whose tireless efforts have fuelled the success of ‘Make in India’ and thereby made our nation the focus of global attention as well as curiosity. It is the collective drive, relentless in nature, which has transformed a dream into a powerful movement.

The impact of ‘Make in India’ shows that Bharat is unstoppable.

This was an effort that began ten years ago with an ambitious aim - to increase India’s strides in manufacturing, to ensure that a talented nation as ours is not merely an importer but an exporter as well.

Reflecting on this past decade, I cannot but be filled with a sense of pride in how far the strength and skills of 140 crore Indians have got us. The imprint of ‘Make in India’ has become visible across sectors, including areas where we never even dreamt of making an impact.

Let me give an example or two.

Mobile manufacturing…we know how important smartphones have now become, but what is startling is that in 2014, we had only two mobile manufacturing units in the entire country. Today, that number has risen to over 200. Our mobile exports have skyrocketed from a mere ₹1,556 crore to an astounding ₹1.2 lakh crore – a mind-boggling 7500% increase! Today, 99% of smartphones used in India are Made in India. We've become the second-largest mobile manufacturer globally.

Look at our steel industry – we have become a net exporter of finished steel, with production increasing by over 50% since 2014.

Our semiconductor manufacturing sector has attracted investments worth over ₹1.5 lakh crore, with five plants approved that will have a combined capacity of more than 7 crore chips per day!

In renewable energy, we are the 4th largest producer globally, with capacity increasing by 400% in just a decade. Our electric vehicle industry, practically non-existent in 2014, is now worth $3 billion.

Defence production exports have soared from ₹1,000 crores to ₹21,000 crore, reaching over 85 nations.

During one of the ‘Mann Ki Baat’ programmes, I had spoken about the need to have a vibrant toys industry and our people showed how that is done! Over the years, we have seen exports increase by 239%, with imports halved, particularly benefiting our local manufacturers and sellers, not to mention the little children as well! :)

Many of the icons of today’s India – our Vande Bharat trains, BrahMos missiles, and the smartphones in our hands – all proudly bear the Make in India label. From electronics to the space sector, it represents Indian ingenuity and quality.

Make in India initiative is also special because it has given the poor the wings to dream big and aspire- it has given them the confidence that they can be wealth creators. Equally notable is the impact on the MSME sector.

As a Government, we are committed to making this spirit even stronger. Our decade long track record speaks for itself. The Production Linked Incentive (PLI) schemes have been game changers, enabling investments of thousands of crores and generating lakhs of jobs. We have also made significant strides in ease of doing business.

There is a lot going in India’s favour today- we are the perfect blend of democracy, demography and demand. We have what it takes to be a key player in the global supply chain, seen as a reliable partner for business. We also have the most phenomenal Yuva Shakti, whose success in the StartUp world is for everyone to see.

Thus, the momentum is clearly in India's favour. Despite facing unprecedented challenges like the global pandemic, India has remained firmly on the growth track. Today, we are being seen as drivers of global growth. I call upon my young friends to come and join us in taking Make in India to new heights. We all must strive for excellence. Delivering quality should be our commitment. Zero defect should be our mantra.

Together, we can continue to build an India that not only meets its own needs but also serves as a manufacturing and innovation powerhouse for the world.