+
PM Modi says Indian economy recovering at CII annual meet
ECONOMY & POLICY

PM Modi says Indian economy recovering at CII annual meet

Prime Minister Narendra Modi at the Confederation of Indian Industry (CII) meet revealed that the economy of India is getting back at its pace once again, and there is a new confidence in made-in-India initiatives.

PM Modi said that earlier, everyone believed foreign products were better. People want products that are made in India. It is a big lead in their Atmanirbhar Bharat initiative. He also talked about the performance of the country in the Olympics and boosting confidence.

Modi said that the new India is ready and prepared to grow with the new world. Before India was apprehensive regarding foreign investments, now it is embracing all kinds of investments. He said it is because the nation believes in the industry that now the ease of living and business is increasing. For instance, the reforms made in the Companies Act is an example of this.

The Prime Minister added that the country's youth is taking up challenges and risks without being afraid. They are engaging in hard work to get results. He said they are also observing a ‘Yes, we belong to this place’ attitude and self-confidence between the startups in the country.

From manufacturing masks and vaccination, industries of India have helped with everything throughout this pandemic, and it is a big part of the growth of the nation. He informed me that the IT sector is doing quite well.

The Prime Minister also said this occasion is exclusive as it arrives in the 75th year of the country’s independence. The government is with every citizen and would help with everything they require.

He said that the GST was not implemented in India earlier because the former government did not want to take a political risk. The PM said they applied GST and are witnessing a record GST collection now.

Image Source


Also read: Indian economy on revival path: Union Minister Pankaj Chaudhary

Prime Minister Narendra Modi at the Confederation of Indian Industry (CII) meet revealed that the economy of India is getting back at its pace once again, and there is a new confidence in made-in-India initiatives. PM Modi said that earlier, everyone believed foreign products were better. People want products that are made in India. It is a big lead in their Atmanirbhar Bharat initiative. He also talked about the performance of the country in the Olympics and boosting confidence. Modi said that the new India is ready and prepared to grow with the new world. Before India was apprehensive regarding foreign investments, now it is embracing all kinds of investments. He said it is because the nation believes in the industry that now the ease of living and business is increasing. For instance, the reforms made in the Companies Act is an example of this. The Prime Minister added that the country's youth is taking up challenges and risks without being afraid. They are engaging in hard work to get results. He said they are also observing a ‘Yes, we belong to this place’ attitude and self-confidence between the startups in the country. From manufacturing masks and vaccination, industries of India have helped with everything throughout this pandemic, and it is a big part of the growth of the nation. He informed me that the IT sector is doing quite well. The Prime Minister also said this occasion is exclusive as it arrives in the 75th year of the country’s independence. The government is with every citizen and would help with everything they require. He said that the GST was not implemented in India earlier because the former government did not want to take a political risk. The PM said they applied GST and are witnessing a record GST collection now. Image Source Also read: Indian economy on revival path: Union Minister Pankaj Chaudhary

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code