ET World Leaders Forum 2025: PM Modi Unveils Bold Vision as India Rises to Global Economic Powerhouse

At the prestigious ET World Leaders Forum (ET WLF) 2025, Prime Minister Narendra Modi delivered a powerful and forward‑looking address that showcased India’s remarkable economic ascent—and its increasingly pivotal role on the global stage.

At ET World Leaders Forum 2025 “A Beacon of Hope” in the Global Economy

PM Modi began by lauding India’s economic trajectory, declaring the nation not just resilient but a “hope for the world.” He cited expert projections suggesting that India’s share in global economic growth could reach 20% in the near future.

Fastest-Growing Economy, Soon the Third Largest

Emphasizing the nation’s momentum, at ET World Leaders Forum 2025 Modi stated that India is currently the fastest‑growing major economy and is on course to become the third-largest economy globally.

Trailblazing Reforms: Tax, Technology & Self-Reliance

The Prime Minister reaffirmed his “arsenal of reforms,” pointing to the imminent overhaul of GST by Diwali and the recent passage of the Income Tax Bill, 2025—both milestones in streamlining India’s fiscal architecture.
He was critical of prior administrations, asserting that before 2014, India used to “miss critical buses” in development due to short‑termism—whereas his government has ensured India “chose not to miss any bus”.

Game-Changing Technologies: Chips, Space & EVs

Chips by Year-End

At ET World Leaders Forum 2025 Modi announced a major leap in technological self‑reliance: India’s first domestically manufactured semiconductor chip will hit the market by the end of 2025.

Space Sector Soars

The Indian space economy, now open to private enterprise, has experienced exponential growth—from just one space startup in 2014 to over 300 today. Several new missions are already in the pipeline, and Modi boldly forecasted that the day is not far when India will have its own space station.

Exporting EVs Globally

The Prime Minister projected that India will export electric vehicles to over 100 countries—a strong indicator of the country’s industrial and green technology strengths.

Foundations of Success: Stability, Credit Ratings & Vaccination

Modi credited India’s confidence and growth to a decade of macroeconomic stability, robust institutions, low inflation, and high foreign exchange reserves.
He also highlighted the S&P credit rating upgrade, India’s first in two decades, as a testament to its enhanced economic credibility.
Recounting India’s effective response to the pandemic, he reminded audiences that out of 800 crore COVID-19 vaccine doses produced globally, India made 400 crore—an extraordinary feat of scale and public health diplomacy .

Looking Ahead: Innovation, Inclusivity & Global Leadership

Modi’s address at ET World Leaders Forum wove together a compelling narrative of ambition: from high-tech chip manufacturing to privatized space exploration; from reforming tax regimes to envisioning India’s pivotal place in a new global order. His vision emphasizes innovation, self-reliance, and an inclusive, sustainable growth pathway that benefits not just India—but the world at large.

In sum: At ET WLF 2025, Prime Minister Narendra Modi painted a vibrant picture of India as an economically resilient, technologically bold, and globally influential nation—well on its way to reshaping the future with homegrown innovation and unwavering resolve.

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