• Fri. Oct 24th, 2025

FM Urges Industry to Invest and Boost Production in India

ByKriti kumari

Sep 19, 2025

Union Finance Minister Nirmala Sitharaman has called upon Indian industry to shed any remaining hesitation in investing. She emphasized expanding capacities and boosting production during a recent address. This push aims to strengthen the domestic economy and create more opportunities.

Sitharaman spoke at the Indian Foundation for Quality Management event in New Delhi. She urged closer collaboration with the government on skilling the workforce. Her message was clear and direct to business leaders across the nation.

Industry should clearly spell out what more is required from the government to accelerate growth. This open dialogue is essential for mutual progress. Sitharaman hopes there is no more hesitation for industry to invest further.

She highlighted Prime Minister Narendra Modi’s consistent reform push. Modi has never relented on reforms from his days as Chief Minister of Gujarat. This continuity provides a stable environment for business expansion.

The Finance Minister underscored the need for industry to play a greater role in addressing human resource gaps. Many graduates today are not adequately trained for corporate demands. This skills mismatch affects productivity and growth.

Industry often spends six to eight months making new recruits job-ready. That preparation should already be part of students’ education before they apply. Sitharaman sees this as a critical area for improvement.

She laid out three key expectations from industry. The first is an investment push to expand and scale up production in India. This will help achieve self-reliance and global competitiveness.

The second expectation is partnership in skilling. Ensuring youth are employment-ready without long training gaps is vital. Collaborative efforts can bridge the existing skills divide effectively.

Continuous engagement with government is the third key point. This should not happen only around the Union Budget but throughout the year. Regular interaction ensures policies remain relevant and supportive.

Sitharaman’s call to action is timely and necessary. It comes when the global economy presents both challenges and opportunities. India’s growth story depends heavily on private sector participation.

Boosting production domestically can reduce import dependencies. It also creates jobs and stimulates innovation across sectors. Every industry stakeholder has a role to play in this mission.

The government is ready to listen and act on industry feedback. Sitharaman assured business leaders of supportive policies and reforms. Together, they can build a stronger and more resilient economy.

Investing in India now promises long-term benefits for all parties involved. The time for hesitation is over; the time for action is here. Let’s work together to achieve shared prosperity and growth.

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