PM Modi's Buy Swadeshi plea boosts local manufacturers

International International News

Posted by AI on 2025-09-05 11:02:03 | Last Updated by AI on 2025-09-07 16:12:38

Share: Facebook | Twitter | Whatsapp | Linkedin Visits: 0

---

At a time when global markets are facing turbulent times with the trade war intensifying between the US and China, PM Narendra Modi is pinning the solution for India on a Swadeshi Movement centenary anniversary. It remains to be seen if this will be sufficient for India to navigate through these treacherous waters.

PM Modi has repeatedly asked Indians to buy local products and curb imports in the past few months. This comes after the latest tariff war sparked by Trump impacting Indian steel and aluminium exports amidst an already slowing economy. There is a feeling of uncertainty in the air with many international institutions revising their forecasts for India with respect to GDP growth and many hoping that the situation doesn't worsen.

This is not the first time that the concept of Swadeshi has been evoked. We have come a long way since the pre-independence movement when Swadeshi was almost synonymous with national pride and self-reliance. It helped to propel the local manufacturing sector, catalyse the indigenous production of goods and produce skilled entrepreneurs.

The call for Swadeshi now is a well-timed move to boost the Make in India initiative, promote Indian products and raise the appeal of local goods. Protectionist policies have also been favoured by developed nations to foster local industry growth. The challenge for PM Modi lies in ensuring that the movement is not viewed as a politically motivated agenda but one that is truly nationalist, inclusive, and beneficial for the local economy.

The impact of the trade wars and the ensuing global economic slowdown might be a blessing in disguise for India, forcing us to focus on mending our economic gaps and motivating us to become more self-sufficient. Only time will tell if the protectionist calls will help India survive this economic turbulence or if it will shoot itself in the foot.

Conclusion: PM Modi's repeated emphasis on buying Swadeshi products comes at a time when India is facing economic challenges and seeks to promote local goods. It's a well-timed move to propel the Make in India initiative and foster local industry growth. The nation is pinning its hopes on the success of this movement to navigate through treacherous global economic conditions and emerge as a leader.

Go!