Results for: Economic Powerhouse

India is poised to become a 21st-century economic powerhouse, offering an alternative to China for investors looking for growth and for reducing supply chain risks, according to a CNN report. The report says to spur growth, the Modi government has begun a massive infrastructure transformation by spending billions on building roads, ports, airports and railways. It is also heavily promoting digital connectivity, which can improve both commerce and daily life. The report also pointed out that the kind of power and influence being enjoyed by the two Indian tycoons has been seen before in other countries “experiencing periods of rapid industrialisation.”

Prime Minister Narendra Modi has praised the speech delivered by Firstpost managing editor Palki Sharma at the Oxford Union in 2022. Palki’s address, which highlighted India’s transformation into a confident and prosperous nation, sparked a renewed discussion online. In her speech, Palki used anecdotes, data, and facts to showcase India’s progress. She emphasized how India has overcome self-doubt to emerge as an economic powerhouse. Palki also spoke about India’s global position, particularly its stance on the Russia-Ukraine war. She explained India’s decision to remain neutral, stating that it was in the nation’s best interest to maintain good relations with both Russia and the West. Overall, Palki’s speech highlighted India’s growing confidence and its commitment to building relationships based on mutual respect and equality.