World's confidence in India stays high amid geopolitical tensions, says PM Modi

2024-10-05 01:17 PM IST

At the Kautilya Economic Conclave on October 4, PM Modi addressed the significance of the event amid ongoing conflicts in two critical regions affecting global energy security. He emphasized that discussions surrounding "The Indian Era" reflect a growing global trust in India. Modi highlighted India’s position as the fastest-growing major economy and the fifth-largest by GDP. He noted the country’s leadership in Global FinTech adaptation and smartphone data consumption, stating that nearly half of the world`s real-time digital transactions occur in India. Additionally, he pointed out that India boasts the third-largest startup ecosystem and is the leading manufacturer of two-wheelers and tractors. Modi credited the government`s commitment to continuous reform and transformation for securing a third consecutive term, marking a significant shift in public confidence. He reaffirmed this commitment through early actions in the current term, showcasing India`s potential on the global stage

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