Prime Minister Narendra Modi has stated that the “prolonged situation on our borders” needs to be addressed immediately in order to put the abnormality in bilateral interactions behind us. He hopes that positive and constructive bilateral engagement will help restore peace and tranquillity on the borders, noting that the relationship with China is important and significant.

In an interview with Newsweek, Prime Minister Modi added that companies seeking to diversify their supply chains would naturally turn to India, given its democratic system and role as a driver of global economic progress.

India has stated that normal relations with China are contingent upon the maintenance of peace and tranquilly in border areas. Chinese moves along the Line of Actual Control (LAC) resulted in a military standoff.

Newsweek was informed by Prime Minister Modi that the globe and the region as a whole depend on stable and harmonious relations between China and India.

“India places great importance on its ties with China. In order to move past the anomaly in our bilateral interactions, I think we need to take immediate steps to resolve the protracted situation on our borders,” he stated.

He continued, “I hope and believe that we will be able to restore and sustain peace and tranquillity in our borders through positive and constructive bilateral engagement at the diplomatic and military levels.”

After Indira Gandhi, Narendra Modi is the first prime minister to appear on the cover of Newsweek.

Responding to a question about the Quad and China, he

Australia, India, Japan, and the United States form the Quad, a diplomatic alliance dedicated to promoting an inclusive, resilient, open, and stable Indo-Pacific region.

According to the prime minister, the Indo-Pacific area is the driving force behind international trade, innovation, and economic expansion, and its security is crucial for both the region and the entire world.

“The Quad countries are demonstrating their vision of a free, open, and inclusive Indo-Pacific through shared efforts and implementation of development projects in the areas of climate action, disaster management, strategic technologies, reliable supply chain, health security, maritime security, and counterterrorism,” he said.

When asked about competing with China, Prime Minister Modi stated that India is currently seen as the country most suitable for

For those seeking to diversify their supply chains, India is an obvious choice because of its democratic political system and role as a driver of global economic growth. We have implemented revolutionary economic reforms, such as the Goods and Services Tax, lower corporate taxation, the Bankruptcy Code, labour law changes, and a loosening of FDI restrictions. As a result, the convenience of conducting business has significantly improved. We are working to bring our infrastructure, taxation policies, and regulatory environment up to speed with international norms,” he stated.

“We think there will be a significant positive impact on the world when a nation that comprises one-sixth of the global population adopts global standards in these sectors,” he continued.

According to the Prime Minister, India’s business-friendly laws and entrepreneurship-promoting initiatives, together with its top-notch

“There are significant international manufacturing companies opening locations in India. We have started Production Linked Incentive programmes to improve India’s manufacturing capacity. These PLI programmes cover fourteen industries, including solar panels, electronics, medical equipment, and autos, among others, he noted.

“Due to our advantages, India is currently regarded as the world’s best location for producing premium goods at reasonable prices. In addition to producing for the global market, the enormous Indian home market is a draw, he continued.