{"id":23999,"date":"2026-03-02T07:08:17","date_gmt":"2026-03-02T01:38:17","guid":{"rendered":"https:\/\/timesofpowerandvoice.com\/?p=23999"},"modified":"2026-03-02T07:08:17","modified_gmt":"2026-03-02T01:38:17","slug":"manufacturing-poised-for-big-growth-in-next-3-4-years-baba-kalyani","status":"publish","type":"post","link":"https:\/\/timesofpowerandvoice.com\/?p=23999","title":{"rendered":"Manufacturing poised for big growth in next 3-4 years: Baba Kalyani"},"content":{"rendered":"<p>Themed \u2018Geoeconomics Beyond Globalisation: Tariffs, Technologies and Strategic Alignments,\u2019 this is the 7th edition of the AED jointly organised by the MEA and PIC. The 3-day, 12-session international conference brings together more than 45 speakers, including academicians, policymakers, and industry experts from nine countries\u2014India, Bhutan, Sri Lanka, Taiwan, Singapore, Kenya, Australia, Israel, and Norway, facilitating an exchange of transformative ideas and strategies.At the Inaugural on Day 1, External Affairs Minister S. Jaishankar in a video message underscored AI, semiconductors, data and critical minerals as new instruments of national power, while Dr. R.A. Mashelkar described the Dialogue as a platform to help shape the emerging world order.<\/p>\n<p>Placing India\u2019s industrial journey in historical perspective, Kalyani traced reforms from the 1991 liberalisation to the structural push under Make in India. India, he asserted, stands at a \u201ctrue inflection point,\u201d with manufacturing poised for unprecedented growth over the next three to four years.<br \/>\nReflecting on Bharat Forge\u2019s entry into defence, Kalyani described it as a personal conviction rooted in his military school background. \u201cIf we could forge the metal, we could forge India\u2019s defence independence,\u201d he said, recounting how the company built and tested its first artillery gun abroad due to procedural hurdles at home, adding that processes have improved.<\/p>\n<p>Kalyani underscored the critical role of Defence Research and Development Organisation (DRDO), calling it \u201cone of the most outstanding defence research organisations,\u201d and emphasised that meaningful progress began when industry and DRDO collaborated.<\/p>\n<p>Looking ahead, he stressed that raising manufacturing from 15.5% to 25% of GDP by 2047\u2014a tenfold expansion\u2014would require deep investment in R&amp;D and indigenous technology. \u201cIf you want to be a sovereign nation, you better create your own technology and your own IP,\u201d he said, warning that without building domestic AI models and compute infrastructure, India risks remaining a bystander in the next technological revolution.<\/p>\n<p>Expressing confidence in India\u2019s long-term trajectory, Kalyani said he was certain that if not this generation, \u201cthe next generation will make it happen,\u201d underscoring his belief that technological sovereignty and defence self-reliance are now embedded in the nation\u2019s DNA\u2014but it will demand sustained reform, research and relentless hard work to realise the vision.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Themed \u2018Geoeconomics Beyond Globalisation: Tariffs, Technologies and Strategic Alignments,\u2019 this is the 7th edition of the AED jointly organised by the MEA and PIC. The 3-day, 12-session international conference brings together more than 45 speakers, including academicians, policymakers, and industry experts from nine countries\u2014India, Bhutan, Sri Lanka, Taiwan, Singapore, Kenya, Australia, Israel, and Norway, facilitating [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":24000,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[111,44],"tags":[],"class_list":["post-23999","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrial","category-pune"],"_links":{"self":[{"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/posts\/23999","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23999"}],"version-history":[{"count":1,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/posts\/23999\/revisions"}],"predecessor-version":[{"id":24001,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/posts\/23999\/revisions\/24001"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=\/wp\/v2\/media\/24000"}],"wp:attachment":[{"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timesofpowerandvoice.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}