India's Economic Diplomacy: A New Era of National Development

India's foreign policy has pivoted towards economic diplomacy to bolster national development and security, according to External Affairs Minister S Jaishankar. By promoting exports, attracting investments, and encouraging technology flows, India aims to accelerate its growth while bolstering self-sufficiency and strategic capabilities.

External Affairs Minister S Jaishankar announced a significant shift in India's foreign policy towards economic diplomacy, crucial for national development and security. Speaking at the Aditya Birla Group's scholarship event in Mumbai, Jaishankar emphasized the growing international interest in India's story.

The minister highlighted the importance of expanding exports, investments, and technological adoption. These efforts are expected to create more employment and enhance India's global appeal. Jaishankar said a favorable business climate and robust international partnerships are central to these goals.

Addressing contemporary challenges, Jaishankar stressed the role of AI, data privacy, and cyber security in shaping global economic landscapes. He underscored the necessity for India to strengthen its manufacturing sector and promote self-sufficiency to navigate the complexities of strategic global interactions.

(With inputs from agencies.)