World sees opportunity in unstoppable India as a responsible partner: PM Modi
New Delhi, Oct 17
Prime Minister Narendra Modi on Friday said that before 2014, the discussions used to be how India would brace for global headwinds but in the last 11 years, we have defied all odds, coming out of the 'fragile five' to rank among the top 5 economies, and are on our way to become the third-largest.
Beginning his much-awaited address at the 'NDTV World Summit 2025' here with a 'Happy Diwali to all' message, the Prime Minister said India was in policy paralysis 11 years back.
"But India took on every challenge and today, the world respects us," said PM Modi.
The Prime Minister further stated that there are several roadblocks across the world at the moment, and the topic of the Summit -- Unstoppable India -- becomes relevant.
The Prime Minister lauded India's growth in the artificial intelligence (AI) space, saying Google's latest $15 billion investment to make the country a global AI hub "marks a milestone in its growth".
He stated that India's average growth has been 7.8 per cent.
This week, the merchandise exports data came out, and India's exports have grown by about 7 per cent, said PM Modi.
India's merchandise exports in September rose 6.75 per cent to $36.38 billion compared to the same month of the previous year, despite the punitive tariffs imposed by the US. The exports in September were also higher on a month-on-month basis than the corresponding figure of $35.1 billion for August.
"S&P upgraded India's credit rating after 17 years. Today, big investments are being made in the green energy and semiconductor sectors. IMF did an upward revision of India's growth. UK PM Keir Starmer came to India with his biggest trade delegation. It showed the world sees opportunity in India. The world sees India as a responsible partner," he added.
"India has proved everyone wrong. Today, world's 50 per cent digital transaction happens in India. India's UPI dominates global digital payments. India performed better than every estimate. This is India's moment," PM Modi highlighted.
— IANS
Reader Comments
While the economic growth is impressive, I hope this prosperity reaches the common man. Still seeing price rise affecting middle class families. Need more focus on inflation control.
Google's $15 billion AI investment is huge! This will create so many job opportunities for our youth. India is truly becoming a tech superpower. 🚀
As someone working in exports sector, I can confirm the positive trend. Despite US tariffs, our exports are growing steadily. Make in India is working!
The UK PM bringing largest trade delegation shows global confidence in India. Our diplomatic outreach is paying off big time. Jai Hind! 🇮🇳
Respectfully, while the macro numbers look good, we need to ensure this growth is inclusive. Rural areas still need better infrastructure and employment opportunities.
7.8% average growth is phenomenal! And S&P upgrade after 17 years shows international recognition of our economic stability. Feeling proud as an Indian! 💪
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