India must emerge as an innovation-driven economy: Baba Kalyani

  • Articles
  • Aug 14,24
In this message, on the occasion of India's 78th Independence Day, Baba Kalyani, Chairman & MD of Bharat Forge Ltd, emphasises on India's journey towards becoming a global leader and the manufacturing sector's role in Viksit Bharat 2047.
India must emerge as an innovation-driven economy: Baba Kalyani

As we celebrate the 78th Independence Day of our beloved nation, as proud Indians, it’s our duty to contribute to our nation’s development and help establish India as a global leader.

I have been in the manufacturing business for more than five decades with operations spread across the world. Never in the past have I experienced the kind of confidence and positive impressions that India as a country is casting at the world stage today. Economic Growth, International Diplomacy and Relations, Business Opportunities, Science, Technology and Innovation, Healthcare and even Films, Sports and Culture - I think in every walk of life - India as a country is today at the forefront and has emerged as a major force to reckon with.

This year, we reflect on "Viksit Bharat 2047", a plan to transform India into a developed nation. Over the next 25 years, India is expected to accelerate its economic growth from $ 4 trillion to about $ 30 trillion which is 8 fold jump over a quarter of a century.

Representing the manufacturing sector, I have one key message to the young country men – several opportunities will come our way in the next few years. But, we cannot afford to be merely a ‘factory of the world’ – we must emerge as an “Innovation driven Economy” that manufactures and exports best-in-class products and solutions worldwide. Let us take a pledge to transform India into a "Products Nation".

At Bharat Forge and Kalyani Group of companies, we re-affirm our commitment to contribute to an AatmaNirbhar Bharat, a Sashakt Bharat and a Viksit Bharat!”

Jai Hind!

About the author:
Baba Kalyani is the Chairman & MD of Bharat Forge Ltd

Related Stories

Machine Tools & Accessories
Surface Modification Technologies aims for global expansion: Dr Umesh Mhatre

Surface Modification Technologies aims for global expansion: Dr Umesh Mhatre

In this interview, Dr Umesh Mhatre, MD, Surface Modification Technologies Pvt Ltd, highlights his company’s contribution to the growth of manufacturing sector and plans for IMTEX 2025 exhibition.

Read more
Machine Tools & Accessories
India needs strong machine tools industry to become a global manufacturing hub

India needs strong machine tools industry to become a global manufacturing hub

For the Indian manufacturing sector to reach $ 1 trillion, the machine tools industry needs to fire on all cylinders as it enables the production of other machines, parts and equipment for a wide ra..

Read more
Machine Tools & Accessories
IMTEX 2025: The showstopper for machine tool builders

IMTEX 2025: The showstopper for machine tool builders

With more than 1,000 exhibitors from over 20 countries, IMTEX 2025 will bring together global leaders and foster innovation in the machine tool industry

Read more

Related Products

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016