‘Unprecedented certainty in India’: PM Modi raises investment pitch amid ‘great global uncertainty’; highlights political stability, policy continuity
Prime Minister Narendra Modi on Sunday pitched India as a stable and predictable investment destination at a time of global flux, telling investors that the country is witnessing an era of “unprecedented certainty” even as the world faces widespread uncertainty.“Amidst great global uncertainty, we are witnessing an era of unprecedented certainty in India. Today, India has political stability and continuity in policies,” Modi said, as quoted PTI, while inaugurating the Vibrant Gujarat Regional Conference (VGRC) for the Saurashtra and Kutch region in Rajkot.Highlighting India’s macroeconomic trajectory, the prime minister said the country is the world’s fastest-growing large economy and is steadily moving towards becoming the third-largest economy. “The figures that are emerging clearly show that the world’s expectations from India are constantly increasing,” he said, adding that Gujarat has played a significant role in the country’s recent rapid progress.Modi pointed to the expanding middle class and rising purchasing power as key drivers of India’s growth story. “India’s growth revolves around the mantra of ‘Reform, Perform, and Transform’,” he said, noting that global experts and institutions remain bullish on the country.Citing sectoral achievements, the prime minister said India is the world’s largest consumer of mobile data, UPI has become the world’s number one real-time digital transaction platform, and the country ranks among the top three globally in solar power generation and metro rail networks.“That is why I keep saying that this is the time, and it’s also the right time for every investor in the country and the world to take advantage of these opportunities,” Modi said.He specifically urged investors to look at the Saurashtra and Kutch regions, describing them as emerging growth anchors for India’s Aatmanirbhar Bharat push. “Saurashtra and Kutch have a huge role to play in making India a global manufacturing hub, and this role is market-driven, which is what instils the greatest confidence in investors,” he said.The prime minister said the regions are no longer just areas of opportunity but have become “an anchor region for India’s growth”. He cited Alang in Bhavnagar district as the world’s largest ship-breaking yard, Morbi district’s dominance in tile manufacturing, and the Dholera Special Investment Region’s emergence as a hub for modern manufacturing.“India’s first semiconductor fabrication facility is being set up in Dholera,” Modi said, adding that the region offers early-mover advantages for future technologies. “The infrastructure is ready, the policy is predictable, and the vision is long-term,” he said.Earlier in the day, Modi inaugurated a trade show at Marwadi University in Rajkot ahead of the VGRC. Officials said more than 1,500 memoranda of understanding are expected to be signed with over 110 international buyers from 16 countries, including the US and several European nations. Over 1,800 business meetings have been scheduled during the Reverse Buyer Seller Meet.Leading corporates such as Torrent Power, KOSOL, Adani Green, Essar Group, Nayara Energy and Jyoti CNC are participating in the exhibition, spread across 26,000 square metres. More than 400 exhibitors from sectors including agro and food processing, fisheries, defence, energy, petrochemicals, engineering, ports and logistics have set up stalls at the trade show, officials said.
