Prime Minister Narendra Modi, during his inaugural address at the Uttarakhand Global Investors Summit, expressed confidence that India would secure a position among the world’s top three economies in his anticipated third term.
Addressing over 1,000 investors and delegates at the summit themed ‘Peace to Prosperity,’ Modi highlighted India’s recent development milestones, including lifting over 13 crore people out of poverty in the last five years. Encouraging a ‘Vocal for Local’ approach, he urged businesses to focus on capacity building, strengthen export-oriented manufacturing, and reduce dependence on foreign imports.
Stepping up his ‘Vocal for Local’ push, he said: “Today, the country’s consumption-based economy is moving forward rapidly. We have to become vocal for local and local for global.”
PM Modi underscored the significance of self-reliance, citing substantial imports in petro- products, coal, and pulses. He emphasized the potential for Uttarakhand in organic foods and called on local businessmen to contribute to the global market. The Prime Minister assured that the state, renowned for its blend of divinity and development, would provide lucrative investment opportunities.
Referring to Uttarakhand’s unique position as a land of gods and opportunities, PM Modi encouraged entrepreneurs to tap into the region’s potential. Chief Minister Pushkar Singh Dhami echoed the sentiment, announcing the state government’s commitment to organizing the summit every two years, aiming for balanced development while focusing on a green economy and employment generation.