New Delhi

PrimeMinister Narendra Modi said on Thursday that India is aiming to become a developed nation with the building of a new manufacturing ecosystem “from chips to ships” and is working on 6G technology to lead global innovation.

Addressing the Indian community in Melbourne, Prime Minister Modi added that India has grown from a few hundred to over two lakh registered startups, with more than 4,000 new ventures launching every month.

He praised the youth of India for transforming the country into the world’s third-largest startup ecosystem.

He specifically noted that these businesses are thriving not just in major metropolitan areas, but are deeply penetrating every district.

“Hundreds of startups are working on advanced sectors like defence and space, with an Indian space startup preparing to launch a satellite on its own rocket in the near future,” PM Modi said.

He outlined future milestones, including the Gaganyaan mission and India’s plans for its own space station.

“Over the past 12 years, this is my third visit to Australia, a hat-trick, in a way. It reflects the heights India-Australia relations have reached. And do you know who deserves the biggest credit for this? Not Modi, but all of you. The Indian diaspora has played the biggest role,” the Prime Minister said.

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