Summary
She said they should create more research and development to invent new products.
Companies need good rules, honesty, and teamwork with the government.
She warned they should serve all families, not just city shoppers.
Key Points
6 points1
Build companies that are both large and durable.
2
Increase spending on research and development.
3
Adopt better governance and transparent practices.
4
Work with government early to solve problems without lawsuits.
5
Support families in villages, farms, and small towns.
6
Encourage ideas that are imagined in India, not just made here.
New Words to Learn
8 wordsResilient
able to keep working well even when faced with difficulties
Governance
the system of rules and people that run a company
Innovation
making new and better things
Research and development
studying and creating new ideas, products, or technologies
Intellectual property
legal protection for inventions and ideas
Succession planning
planning who will take over a role when someone leaves
Premiumisation
making products for richer customers only
Structural durability
long‑lasting strength built into the whole system
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