EAM Jaishankar lists 8 key takeaways for global community

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  • 31 Oct
  • 2020

EAM Jaishankar lists 8 key takeaways for global community

  • EAM Jaishankar lists 8 key takeaways for global community

  • India will become a global manufacturing hub on its own strengths. Our effort is not to become some country’s alternative, but to become a country which offers unique opportunities. We want to see the progress of all. If India progresses, 1/6th of humanity will progress.
  • We saw how a new world order was formed after World War II. Something similar will happen post-Covid-19. This time, India will ride the bus of manufacturing and integrating in global supply chains. We have specific advantages in the form of democracy, demography and demand.
  • Atmanirbhar Bharat is not just about competition but also about competence, it’s not about dominance but about dependability, it’s not about looking within but about looking out for the world.
  • We have just eased restrictions for FDI through reforms like you see in agriculture, labour and coal. Only a country that believes in the power of international trade and commerce would go on opening up more and more avenues to work with the world.
  • We have given a fair chance to those who have invested in India, shown their trust to expand their capacities and become globally competitive.
  • We gave preferential access to our large market under our FTAs. However, our trading partners have not always reciprocated with the same treatment. Our exporters have often faced ill-intended non-tariff barriers


  • India is keen to be part of global value chains and wants to do trade deals but they have to be fair and non-discriminatory. Moreover, since India would be providing access to a large market, the agreement must be reciprocal and balanced.
  • India lived up to its name of being the Pharmacy of the World in the last few months, supplying drugs and medical equipment to around 150 countries

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