New Delhi, March 1 -- India is emerging as the new factory of the world and as a land of infinite innovations, said Prime Minister Narendra Modi on Saturday. Speaking at a media event, the Prime Minister noted that the "world is keenly watching 21st-century India" to learn and understand how the country is able to manufacture from semiconductors to aircraft carriers.

From long being known as the back office, "India is now becoming the new factory of the world", the PM said, adding that the country "is not just a workforce but a world-force". He highlighted that the country, which once imported many products, is now "emerging as a major export hub" - from turmeric to coffee, to millets and makhana (fox nuts). India's mobile phones, Defenc...