New Delhi, April 17 (NationPress) India’s economic growth narrative is anticipated to gain further momentum, driven by strong fundamentals, effective policymaking, and a skilled workforce, as stated by prominent industry figures.

In an interview with IANS during the 120th anniversary celebrations of the PHD Chamber of Commerce and Industry (PHDCCI) here, they conveyed optimism regarding the nation’s economic outlook during the third term of Prime Minister Narendra Modi’s administration.

Raghupati Singhania, Chairman and Managing Director of JK Tyre & Industries Limited, remarked: "Up to this point, everything is progressing well -- and I am confident it will continue to thrive because our fundamentals are solid and dependable."

"The government is eager and diligently working to establish strong bilateral relations and investigate opportunities for enhanced global collaboration," Singhania shared with IANS.

Echoing this sentiment, Hemant Jain, President of PHDCCI, emphasized that India is currently in a "sweet spot" on the international stage.

"Inflation is in check, the market outlook is positive, and we possess one of the most stable governments in the region. India is now the focal point globally," Jain expressed to IANS.

Jain further noted that robust connections between global leaders, including PM Modi and US officials, would promote advancements in trade relations.

He expressed confidence that India would continue to harness benefits from global trade shifts.

Jain mentioned that India already has the expertise and knowledge to emerge as a global leader in AI. "It involves channeling our talent towards developing platforms and assuming leadership over time," he stated.

Suman Jyoti Khaitan, Founder and Managing Partner of Khaitan & Co, also emphasized that India’s growth trajectory will persist due to sound fundamentals and strong policy support.

"India has made significant infrastructure advancements, targeted policymaking, and entrepreneurial talent. We are well-positioned to capitalize on transformations in the global economy," he informed IANS.

He also welcomed the government’s emphasis on skill enhancement and the implementation of internship programs.

"These initiatives will help close the gap between industry demands and student preparedness, creating a more competent, job-ready workforce," Khaitan added.