Addressing the 10th edition of the Vibrant Gujarat Global Summit in Gandhinagar, the Prime Minister said that India believes in people-centric development and is a friend who can be trusted…reports Asian Lite News
Underscoring the emergence of India as a voice for the Global South, Prime Minister Narendra Modi on Wednesday said that the world looks at the nation as an important pillar of stability.
Addressing the 10th edition of the Vibrant Gujarat Global Summit in Gandhinagar, the Prime Minister said that India believes in people-centric development and is a friend who can be trusted.
“The world looks at India as an important pillar of stability. A friend who can be trusted, a partner who believes in people-centric development, a voice that believes in global good, a voice of the Global South, an engine of growth in the global economy, a technology hub for finding solutions, a powerhouse of talented youth and a democracy that delivers…” PM Modi said.
He further said that the participation of UAE President Sheikh Mohammed bin Zayed in the Summit was “a matter of great joy for India.”
“His presence as the chief guest at the Vibrant Gujarat Summit is a symbol of the ever-strengthening relations between India and UAE.” the Prime Minister said.
PM Modi also highlighted that this is the first Vibrant Gujarat Global Summit in this Amrit Kaal.
“In the recent past, India completed 75 years of independence. Now, India is working on its goal 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,” the Prime Minister said.
“This is the first Vibrant Gujarat Global Summit in this Amrit Kaal. Therefore, this is even more significant. Representatives from more than 100 countries who are participating in this summit are crucial partners in this development journey of India…” he added.
The 10th edition of the Vibrant Gujarat Global Summit is being held from January 10-12 in Gandhinagar on the theme ‘Gateway to the Future’.
There are a total of 34 partner countries and 16 partner organisations for this year’s Summit, which is celebrating “20 Years of Vibrant Gujarat as the Summit of Success”.
The Summit was started in 2003 under the leadership of PM Modi when he was the state chief minister.
Modi made significant announcements regarding substantial investments in India’s port infrastructure, underscoring the country’s resilience and economic momentum.
PM Modi revealed that agreements worth billions of dollars had been signed with companies from the United Arab Emirates (UAE) for new investments in India’s port infrastructure.
PM Modi said, “Agreements have been signed for new investments worth billions of dollars in India’s port infrastructure by companies from the UAE.”
These agreements are poised to bring transformative changes to India’s maritime landscape, foster economic growth and enhance global trade connectivity.
In his address, the Prime Minister acknowledged the challenging global circumstances but highlighted India’s remarkable economic resistance and growth momentum.
He attributed this success to a decade of focused structural reforms, stating, “We are all aware of the global circumstances. So, in times like these, 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.”
PM Modi emphasised that India has evolved into the fifth-largest economy globally, a significant leap from the 11th position a decade ago.
PM asserted, “Today, India is the fifth largest economy in the world. 10 years ago, India was in the 11th position. Today, all major agencies estimate that India will be among the top three economies in the world in the coming years. Let people across the world do their analysis, but it is my guarantee that it will happen.”
“The world looks at India as an important pillar of stability. A friend who can be trusted, a partner who believes in people-centric development, a voice that believes in global good, a voice of the Global South, an engine of growth in the global economy, a technology hub for finding solutions, a powerhouse of talented youth and a democracy that delivers…” the Prime Minister added.
The Prime Minister’s optimistic vision and commitment to India’s economic trajectory garnered applause from the summit attendees.
The focus on structural reforms and attracting substantial investments, especially in port infrastructure, aligns with the government’s strategy to propel economic growth and strengthen India’s position in the global economy.
As the Vibrant Gujarat Global Summit continues, the announcements made by PM Narendra Modi underscore the nation’s determination to navigate challenges and capitalise on opportunities, positioning India as a key player in the evolving global economic landscape. (ANI)