ET Now GBS 2024: India emerged as a global leader

The optimism that marks the dawn of the year 2024 is a direct result of the strategic policies undertaken by the Narendra Modi government, Times Group MD Vineet Jain said.

“From Make in India to Start Up India and Digital India, to name a few, the country has not only grown but has positioned itself as a global leader in development and digital innovation,” he said.

Jain spoke about the success of India’s G20 presidency, during which the concept of Vasudhaiva Kutumbakam–One Earth, One Family, One Future – articulated by the PM resonated across the world as a rallying cry for global collaboration.

The country has also been an outperformer on the economic front, he said. “India is projected to chip in a hefty 16% to the world’s growth as per the IMF,” he said.

It is now the world’s fourth-largest equity market, in the second position in the global retail index and has the third-largest startup ecosystem.

“And guess what? Wall Street investors are taking notice too,” Jain pointed out, with foreign institutional investors betting big on India’s future.

Jain concluded by noting that while there are challenges ahead-such as geopolitical tensions and the global demand slowdown–India has shown extraordinary resilience.

“As we embark on Amrit Kaal, I want us all to envision a futuristic, inclusive, and prosperous society rooted in a human-centric approach,” he told the audience. “This will be our India.”

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William Murphy

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