September 26, 2023


Supportive Business Potential

World Is Realising That India Means Business PM

World Is Realising That India Means Business PM

Today India is the fastest growing economy in the group of G20 countries. In the case of smartphone data consumers, India is number one, said Prime Minister Narendra Modi on Thursday at PGP Class of 2022 in ISB, Hyderabad. 

PM Modi said India is the world’s third-largest consumer market and emerging as a major centre of growth. Last year, the highest ever recorded foreign direct investment (FDI) came into India. 

The Prime Minister pointed out that often Indian solutions are being implemented globally. Therefore, “Today on this important day, I would like to ask you to link your personal goals with the goals of the country,” he said.

He said that the need for reform was always felt in the country, but there was always a lack of political willpower. Due to the continuous political instability in the last three decades, the country has seen a lack of political willpower for a long time. Because of this, the country stayed away from reforms and from taking big decisions. 

Modi added that the resilience and strength of the health sector were proved during the pandemic. Regarding the Covid vaccines, concerns were being raised here about whether foreign vaccines would be available or not. But India developed its own vaccines. Several vaccines have been made in India more than 190 crore doses have been administered. India has also sent vaccines to more than 100 countries in the world.

He stressed the need to give more opportunities to grow to small businesses. And help them in connecting with the new local and global markets. 

Underlining their immense potential the Prime Minister said that to make India future-ready, we have to ensure that India becomes self-reliant. “All business professionals have a big role in this. And this will be a great example of service to the country for you,” he said.