On March 3, 2026, Prime Minister Narendra Modi urged the industry to boost investment in research and development while maintaining a sharp focus on product quality. He emphasized the need to capitalize on opportunities arising from the ongoing restructuring of global supply chains, advocating for a significant push in manufacturing, production, and exports. He also underscored the record capital expenditure allocation for infrastructure development outlined in the recent budget. While the Prime Minister's message has broad relevance for sectors like IT and software, the article notes a lack of specific policies or announcements directly targeting software development, rendering its connection to that industry indirect.
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