NEW DELHI – Prime Minister Narendra Modi on Tuesday reaffirmed India’s ambitious economic trajectory, declaring the country’s ascent to the world’s third-largest economy as “certain,” citing resilience, youth potential, and rapid economic expansion despite global headwinds.
“We have become the fifth largest economy from 11th in very little time… despite global challenges, India didn’t pause,” Modi said at News18’s Rising Bharat Summit, highlighting that the country doubled its GDP in a decade.
Youth as the Engine of Viksit Bharat 2047
Modi positioned India’s youth as central to his vision of “Viksit Bharat 2047”—a roadmap to transform India into a fully developed nation by the centenary of independence.
“I’ve witnessed the passion among youth for a developed India,” he said, emphasizing that the vision will “inspire and give direction” to younger generations.
Global Spotlight on India
The Prime Minister framed India as a beacon of hope amid global uncertainty, asserting that the world’s attention and expectations are now firmly on India’s performance and leadership.
“The hope of the world is linked to India,” Modi said, reiterating the country’s expanding geopolitical and economic footprint.
Context and Outlook
Modi’s remarks come amid rising investor interest and macroeconomic optimism as India navigates a turbulent global economy with robust consumption, stable inflation, and expanding digital infrastructure. The World Bank and IMF have both upgraded India’s growth outlook for 2025, projecting continued outperformance in the Asia-Pacific region.