Is India an Unstoppable Force as a Responsible Global Partner?

Synopsis
Key Takeaways
- India's economy has transitioned remarkably over the past decade.
- Significant foreign investments are flowing into key sectors.
- India leads in global digital payments with its UPI system.
- Merchandise exports show a positive growth trajectory.
- India is increasingly recognized as a responsible global partner.
New Delhi, Oct 17 (NationPress) Prime Minister Narendra Modi remarked on Friday that prior to 2014, conversations focused on how India could withstand global challenges. However, in the past 11 years, we have overcome numerous obstacles, emerging from the ‘fragile five’ to secure our position among the top five economies, and are on the path to becoming the third-largest.
In his eagerly anticipated address at the ‘NDTV World Summit 2025’, he began with a heartfelt ‘Happy Diwali to everyone’ message. The Prime Minister noted that India faced policy paralysis 11 years ago.
“But India has tackled every hurdle, and today, the world holds us in high regard,” stated PM Modi.
He pointed out that there are various global obstacles currently, making the Summit's theme — Unstoppable India — particularly pertinent.
The Prime Minister praised India's advancements in the artificial intelligence (AI) sector, asserting that Google's recent investment of $15 billion to establish India as a global AI hub “marks a significant milestone in its development.”
He highlighted that India's average growth rate stands at 7.8 percent.
Recently, the merchandise export figures were released, showing that India's exports have increased by approximately 7 percent, according to PM Modi.
India's merchandise exports rose to $36.38 billion in September, reflecting a growth of 6.75 percent compared to the same month last year, despite the tariffs imposed by the US. The September exports were also higher than the $35.1 billion reported in August.
“S&P upgraded India's credit rating after 17 years. Presently, substantial investments are flowing into the green energy and semiconductor sectors. The IMF has revised India's growth forecast upwards. UK PM Keir Starmer visited India with his largest trade delegation. This illustrates that the world perceives opportunities in India, regarding it as a responsible partner,” he noted.
“India has disproven all doubters. Today, 50 percent of the world's digital transactions occur in India. India's UPI leads in global digital payments. India has outperformed every prediction. This is India's time to shine,” PM Modi emphasized.