Prime Minister Narendra Modi, while addressing the inaugural ceremony of the Vibrant Gujarat Global Summit in Gujarat’s Gandhinagar, made a commitment that India will secure its place among the top three economies globally in the foreseeable future.
“Today, India is the fifth largest economy in the world. 10 years ago, India was in 11th position. Today, all major agencies estimate that India will be in the top three economies of the world in the coming years. Let people across the world do their analysis, but it is my guarantee that it will happen,” stated PM Modi.
Aligning India’s development goals with the recent celebration of 75 years of independence, the Prime Minister outlined the nation’s strategic vision for the next 25 years. “We have the goal of making it a developed country by the time it celebrates 100 years of independence. Therefore, these 25 years’ duration is India’s Amrit Kaal,” he added.
Attributing India’s impressive economic growth to a decade-long focus on structural reforms, PM Modi emphasized, “If the Indian economy is displaying such resistance, if the growth in India is showing such momentum, a big reason behind this is our focus on structural reforms in the last 10 years. These reforms have enhanced the capacity, capability, and competitiveness of India’s economy.”
The 10th edition of the Vibrant Gujarat Summit is scheduled from January 10 to 12 in Gandhinagar, with 34 partner countries and 16 partner organizations participating in this year’s edition.