Truly India’s Century: Businessmen Laud Country’s Growth Under PM Modi
India’s growth trajectory under the “decisive leadership” of Prime Minister Narendra Modi is being widely applauded by leading businessmen, who emphasize that this is truly India’s century. The remarks were made at the NDTV World Summit, highlighting the country’s progress towards becoming the third-largest economy globally, driven by PM Modi’s vision and policies.
Baba Kalyani, Chairman and Managing Director of Bharat Forge, highlighted India’s remarkable GDP growth, stating, “This is India’s century. Our country’s GDP has grown by eight times, paralleling our manufacturing growth. India’s economy is currently around $3.8 to $3.9 trillion, and by 2047, it will exceed $30 trillion. Manufacturing will see a 12-fold increase, representing exponential growth across all sectors.”
He also underscored the importance of innovation for sustaining this growth, stating, “For this growth to continue, we must innovate in technology. We can’t rely on others’ technologies anymore; we need to develop our own. We’re already doing this in Defence, creating indigenous artillery technology.”
Sudhakar Adapa, Founder & CEO of Bia Brands, praised PM Modi’s “decisive leadership” for elevating India on the global stage. “The Prime Minister has laid out a clear vision to position India globally, advancing bilateral trade and making India easier for business. His focus on boosting the stock markets and attracting significant Foreign Direct Investments is already yielding results,” he said.
Adapa highlighted the Prime Minister’s achievements in the first 125 days of his third term, noting that India’s economic outlook is “very bullish.” He observed, “We are in safe hands with PM Modi’s leadership. His commitment is unwavering, and even after a decade of accomplishments, he hasn’t slowed down.”
He further underlined that India’s demographic advantage, with the largest working-age population, gives the country a unique edge. “India has always had potential, but now we have all the building blocks to realize it. We are the fifth-largest economy and are set to become the third-largest within a few years, powered by our demographic strength,” he added.
Lauding the digital revolution in India, which has transformed the economy, Adapa said, “The penetration of digital platforms for payments and communication is incredible. From street vendors to high-net-worth individuals, digital literacy has reshaped the landscape, thanks to the government’s efforts to promote inclusive growth.”
He concluded by highlighting the growing global respect for India and its entrepreneurs. “We are no longer considered secondary citizens. When I say I’m from India on the world stage, there is immense respect. India has arrived, and Indian entrepreneurs have arrived. It’s our time now,” he asserted.
In summary, the robust leadership and strategic policies under PM Modi are transforming India into an economic powerhouse, with businessmen acknowledging the pivotal role of domestic innovation, demographic strength, and digital advancements in this historic growth phase.
