On Monday, Prime Minister Narendra Modi announced that India will continue to be the fastest-growing economy in the world for the foreseeable future. He highlighted that the World Bank believes in India’s positive growth.
Speaking in Bhopal, Madhya Pradesh, during the opening of the ‘Invest Madhya Pradesh – Global Investors Summit-2025,’ PM Modi mentioned that the World Bank’s recent report predicts India will remain the fastest-growing major economy for the next two years.
In 2022, India became the fifth-largest economy, surpassing the United Kingdom, and it now comes after the United States, China, Germany, and Japan. PM Modi, who started his third term in June, is confident that India will become the third-largest economy globally.
He also called Madhya Pradesh a ‘preferred business destination’ and introduced 18 new policies to boost business in the state. According to him, Madhya Pradesh is strong in talent and industries, making it a great place for business.
“The speed of development in Madhya Pradesh has doubled since we have the same party in power both in the state and the center,” he said, referring to his Bharatiya Janata Party (BJP). He also mentioned that Madhya Pradesh is playing a big role in India’s electric vehicle growth.
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