<h1>India Aims for Self-Reliance with No-Frills Strategy and Reforms in Banking, Labor Laws, and Cybersecurity at Services Conclave.</h1> India is focusing on a no-frills cost and differentiation strategy to become self-reliant and confident in engaging with the global market, according to a government minister. During the India Services Conclave 2021, the minister highlighted reforms in banking, financial sectors, and labor laws, emphasizing India's commitment to fulfilling international obligations despite the pandemic. The services sector, particularly digital services, is seen as a competitive advantage, with potential to significantly boost economic value and global engagement. The minister also stressed the importance of cybersecurity and technological advancements to enhance productivity and competitiveness.