How Are India's Strong Economic Fundamentals and Policy Reforms Boosting Its Global Profile?
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Synopsis
India's ascent on the global stage is fueled by its robust economic fundamentals and ongoing policy reforms. Minister Jitin Prasada emphasizes the significance of the India International Trade Fair 2025 in showcasing India's potential as an emerging economic powerhouse. Discover how these developments shape India's future in global trade and investment.
Key Takeaways
- India's global profile is on the rise.
- Policy reforms are key to economic growth.
- IITF 2025 showcases diverse sectors.
- International partnerships enhance trade opportunities.
- Job creation is a focus of India's economic strategies.
New Delhi, Nov 15 (NationPress) India's enhanced global standing is bolstered by robust economic principles, ongoing policy reforms, and a growing network of international collaborations, which have solidified the nation's position in global trade and investment, as stated by Jitin Prasada, Minister of State for Commerce and Industry.
During the 44th India International Trade Fair (IITF) 2025, the minister emphasized the potential of a rising India as a formidable economic force on the world stage.
Prasada pointed out that events like these are vital for advancing India's journey toward self-reliance.
Inspired by Prime Minister Narendra Modi's vision of 'Viksit Bharat at 2047' and themed 'Ek Bharat Shreshtha Bharat', the event highlights a nation that is technologically sophisticated and economically resilient, he noted.
The minister remarked that this year's exhibition illustrates India's comprehensive economic advancement across numerous sectors and its impact on job creation.
He also highlighted India's active negotiations on Free Trade Agreements (FTAs) with various partner nations, noting the increasing global trust in India's stable policy framework and investment atmosphere.
Nitin Kumar Yadav, Chairman and Managing Director of ITPO, outlined the key attributes of IITF 2025, emphasizing that the fair continues to provide a platform for business partnerships, technology transfer, and investment prospects.
With participation from over 3,500 entities from India and abroad, this edition includes 31 States and Union Territories, featuring Bihar, Maharashtra, Rajasthan, and Uttar Pradesh as Partner States, while Jharkhand is designated as the Focus State.
Eleven nations—China, Thailand, the UAE, Malaysia, Sweden, Turkey, Iran, South Korea, Egypt, Lebanon, the Republic of Tunisia, and the Tibetan Chamber of Commerce—are represented in the International Pavilion.
The fair has attracted participation from government departments, PSUs, MSMEs, startups, and international exhibitors, emphasizing IITF's significance as a hub for trade, technology, and cultural exchange.
Exhibitors from SARAS, the Jute Manufacturers Development Council, MSMEs, handlooms, handicrafts, the Coir Board, and Khadi and Village Industries are showcasing products from traditional sectors.
Point of View
It is essential to recognize India's strategic efforts in enhancing its global standing. The minister's insights at the IITF 2025 reflect a commitment to economic growth through policy reforms and international partnerships. Such initiatives underscore the importance of collaboration in positioning India as a key player in global trade and investment.
NationPress
15/11/2025
Frequently Asked Questions
What is the significance of the India International Trade Fair 2025?
The IITF 2025 is crucial as it showcases India's economic progress, fosters international partnerships, and highlights opportunities for trade and investment.
Who is Jitin Prasada?
Jitin Prasada is the Minister of State for Commerce and Industry in India, advocating for strong economic fundamentals and policy reforms.
How many countries are participating in IITF 2025?
Eleven countries are participating in the International Pavilion of IITF 2025, including China, Thailand, and the UAE.
What theme is IITF 2025 centered around?
The theme for IITF 2025 is 'Ek Bharat Shreshtha Bharat', inspired by the vision of 'Viksit Bharat at 2047'.
What sectors are represented at IITF 2025?
The fair features a variety of sectors, showcasing traditional crafts, MSMEs, and innovative technologies.
