Business Standard

Sunday, December 22, 2024 | 09:19 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

India to become growth engine for world, will be $5 trn economy soon: PM

He told the gathering that India has the world's third-largest startup ecosystem and there are over 100 unicorns in the country

PM Modi addresses leaders from the BRICS group of emerging economies at the start of a three-day summit in Johannesburg, South Africa, Tuesday, Aug. 22, 2023. AP/PTI

PM Modi addresses leaders from the BRICS group of emerging economies at the start of a three-day summit in Johannesburg, South Africa, Tuesday, Aug. 22, 2023. AP/PTI

Press Trust of India Johannesburg

Listen to This Article

Prime Minister Narendra Modi on Tuesday said India will become the growth engine for the world in the coming years, and the ease of doing business has improved with "mission-mode" reforms being undertaken by his government.

Speaking at the BRICS Business Forum Leaders' Dialogue here, Modi also said India soon will become a USD 5 trillion economy.

He told the gathering that India has the world's third-largest startup ecosystem and there are over 100 unicorns in the country.

Modi is on a visit to South Africa, which is hosting the first in-person summit of BRICS comprising Brazil, Russia, India, China, and South Africa, since 2019.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 22 2023 | 10:27 PM IST

Explore News