India’s Prime Minister Narendra Modi has called for self-reliance in a protectionist global economy, amidst rising tensions with the US over tariffs. In his Independence Day speech, Modi urged citizens to design and produce high-quality goods domestically, rather than relying on foreign imports.
Modi warned that “economic selfishness” is on the rise globally, and urged Indians to take action by meeting their own goals. The speech came as the US has imposed new tariffs on Indian goods, sparking concerns about trade tensions between the two nations.
Source: https://www.bloomberg.com/news/articles/2025-08-15/modi-assails-economic-selfishness-in-defiance-of-trump-tariffs