Don’t treat countries merely as a market, PM tells global industry

Prime Minister Narendra Modi on Sunday said a profitable market can be sustained where there is a balance in the interests of producers and consumers, adding treating other countries only as a market will never work.

“A profitable market can be sustained where there is a balance in the interest of producers and consumers. This also applied to nations, treating other countries only as a market will never work. It will even harm the producing countries sooner or later,” Modi said while addressing the B20 Summit here.

He said, “Making everyone equal partners in the progress in the way forward. There are many global business leaders here, can we all give more thought on to how to make business more consumer centric. These consumers could be individuals or countries, their interest need to be taken care of as well .”

“Can we think of a yearly campaign for this? Every year, can global business leaders come together to dedicate themselves for the good of the consumers and their markets. We talk about consumer rights. The Consumer Rights Day is also celebrated across the world. Can we take the initiative for consumer care?,” Modi asked the delegates.