New Delhi, April 19 -- Finance Minister Nirmala Sitharaman has reiterated the Indian government's priority to transform the country into a global manufacturing powerhouse.

In an exclusive interaction with CNBC-Awaaz, she highlighted India's skilled workforce and cost advantages as attractive propositions for global giants to establish manufacturing bases in the nation.

When asked about the potential entry of Elon Musk's Tesla Inc. into India, Sitharaman welcomed the move, stating, We welcome all companies and entrepreneurs from across the world to come and Make in India, as the environment is conducive, the youth is skilled, and manufacturing here is a cost-effective proposition.

The Finance Minister emphasised that the arrival of m...