India a growth engine: PM to world, biz leaders
11 months, 1 week ago

India a growth engine: PM to world, biz leaders

Hindustan Times  

The world perceives India as an important pillar of stability, a global growth engine, the voice of the Global South and a friend who can be trusted, Prime Minister Narendra Modi said on Wednesday as he addressed world and business leaders while inaugurating the Vibrant Gujarat Global Summit in Gandhinagar. “The world looks at India as an important pillar of stability, a friend who can be trusted, a partner who believes in people-centric development, a voice that believes in global good, a voice of the Global South, an engine of growth in the global economy, a technology hub for finding solutions, a powerhouse of talented youth, and a democracy that delivers.” Referring to the turbulent global situation, Modi said India’s economy is showing resilience and its growth is showing momentum because of the government’s focus on structural reforms in the past decade. “At a time when the world is surrounded by many uncertainties, India has emerged as a new ray of hope,” Modi said, adding that the country’s priorities include sustainable industry, infrastructure and manufacturing, AI and innovation, green hydrogen, renewable energy and semiconductors. Modi also highlighted his government’s efforts to boost clean energy and to end poverty, saying India’s renewable energy capacity has increased three times and solar energy capacity 20 times.

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