India's Path to Becoming the World's Third-Biggest Economy: PM Modi's Vision

Prime Minister Narendra Modi emphasized India’s potential to become the world's third-largest economy in five years. He highlighted the country's attractive investment opportunities, significant policy measures, and government initiatives like Aatmnirbhar Bharat and skill development schemes. The PM urged domestic industries to capitalize on this growth phase.

Prime Minister Narendra Modi emphasized India's potential to become the world's third-largest economy within the next five years at a CII conference on Tuesday. He noted that global investors are increasingly eyeing India as a prime investment destination and urged domestic businesses to seize this 'golden opportunity.'

Addressing the 'Journey Towards Viksit Bharat' conference, Modi stated that the nation's wealth creators are crucial to its growth story amidst favorable policies and investments. The Prime Minister also reiterated the government's commitment to a 'nation first' approach, underlining significant economic goals and developmental milestones.

Modi further highlighted various initiatives announced in the recent Budget to boost sectors like MSMEs, skill development, and clean energy. He assured that India's political will is resolute, aiming to create a conducive environment for sustained economic progress. The speech ended with calls for the industry to compete globally and elevate India to developed nation status by 2047.