Mumbai, Sep 25 (PTI) Union Home Minister Amit Shah said on Thursday that the Centre’s ‘Make in India 2.0’ initiative will focus on emerging sectors that will be a big part of the global economy in the next 25 years.

Speaking at the Financial Express Best Banks Awards event in Mumbai, he said global economy analysts have been acknowledging India's growth story.

“Prime Minister Narendra Modi began reforms in the banking sector, which was plagued by corruption and lack of transparency. A total of 53 crore bank accounts have been opened in the last 10 years to give the poorest of the poor access to banking,” he said.

The Modi government brought in transparency in the data concerning Non-Performing Assets (NPA), said the Union minister, adding that the government infused Rs 3.10 lakh crore capital in the banking sector.

“Make in India 2.0 will focus on emerging sectors that will be a big part of the global economy in the next 25 years,” he added. PTI ND VT NR

Make in India 2.0 will prioritize emerging strategic sectors, shaping India's economic trajectory and enhancing manufacturing competitiveness. Make in India 2.0 will target emerging sectors expected to shape the global economy, emphasizing manufacturing competitiveness and strategic sector development to align investment, infrastructure, and regulatory focus for long-term economic growth.