Strong Structural Reforms Driving Investor Confidence
Shri Vaishnaw noted that recent landmark reforms including labour code simplification, GST rationalisation, energy sector reforms, and the opening of nuclear energy to private participation are creating strong investor confidence. Multinational companies like IKEA and Qualcomm are expanding their investments and workforce in India, viewing the country as an opportune environment for growth.
He highlighted that a continuous reform process across sectors ensures that India remains resilient amid global uncertainties, including geopolitical and economic turbulence.
Macroeconomic Fundamentals and Global Trust
The Minister underlined that India is the fastest-growing major economy, projecting 6–8% growth over the next five years, with moderate inflation levels. He stated that this economic transformation, achieved under the Prime Minister’s leadership, has drawn global attention, positioning India as a reliable partner for trade, investment, and technological collaboration.
Shri Vaishnaw also noted that discussions at Davos reflected an overwhelmingly positive global perception of India, recognising its emergence as the world’s third-largest economy as a matter of timing rather than possibility.
Building Resilience Through Technology and Industry
India is systematically developing its semiconductor ecosystem, artificial intelligence stack, and defence production capabilities. The Minister emphasised that Indian IT firms are rapidly transitioning from traditional software services to AI-driven solutions, further strengthening the country’s economic resilience and global competitiveness.
Inclusive Growth Model Reaches the Last Mile
Shri Vaishnaw highlighted India’s inclusive growth initiatives, including over 54 crore Jan Dhan accounts and sustained food security for more than 80 crore beneficiaries. These measures ensure that economic growth benefits reach the grassroots, a model increasingly recognised and appreciated on the global stage.
The combination of high growth, structural reforms, and inclusive policies demonstrates India’s capacity to sustain long-term development while remaining a reliable partner in international trade and technology collaboration.
