SME Times is powered by   
Search News
Just in:   • Adani Group to invest Rs 57,575 crore in Odisha  • 'Dollar Distancing' finally happening? Time for India to pitch Rupee as credible alternative: SBI Ecowrap  • 49% Indian startups now from tier 2, 3 cities: Jitendra Singh  • 'India ranks 3rd in global startup ecosystem & number of unicorns'  • LinkedIn lays off entire global events marketing team: Report 
Last updated: 11 Jun, 2024  

Modi.9.Thmb.jpg India to continue transformation under PM Modi towards becoming 3rd largest economy: CII

   Top Stories
» 49% Indian startups now from tier 2, 3 cities: Jitendra Singh
» 'India ranks 3rd in global startup ecosystem & number of unicorns'
» Tripura exported over 9K tonnes of pineapples in 2 years
» CPI inflation eases to 6.71% in July, IIP falls to 12.3%
» Rupee depreciates 12 paise to close at 79.64 against US dollar
IANS | 10 Jun, 2024

The Confederation of Indian Industry (CII) on Monday said they are confident that under the astute leadership of Prime Minister Narendra Modi, the country would continue its economic transformation and emerge among the top three in the world.

In a statement, Sanjiv Puri, President of CII, congratulated PM Modi for assuming charge for the third consecutive term.

“Building upon a strong growth rate of 8.2 per cent for 2023-24, the new government under his visionary leadership can usher in the next phase of reforms to make the most of the global opportunities and build on the robust fundamentals of the Indian economy,” said Puri.

India is forecast to surpass Japan to become the world's fourth-largest economy in the near future. The government recently said India is expected to overtake Japan and Germany to emerge as the world's third-largest economy by 2027.

This is a pivotal moment for India, and Indian industry is keen to work with the incoming government to further accelerate the developmental journey of the nation, he noted.

Chandrajit Banerjee, Director General, CII, said that under PM Modi’s visionary leadership, “we shall see the unfolding of a golden chapter in India’s development journey.”

PM Modi on Monday took charge and signed his first file for the welfare of the farmers.

This will benefit 9.3 crore farmers with a total distribution expected to reach around Rs 20,000 crore.

Banerjee said that the CII would intensify its initiatives for building stakeholder consensus on the next generation of reforms and “work closely with the new government on unlocking the potential of India’s demographic dividend through education, healthcare and skill development".


Print the Page
Add to Favorite
Share this on :

Please comment on this story:
Subject :
(Maximum 1500 characters)  Characters left 1500
Your name:

  Customs Exchange Rates
Currency Import Export
US Dollar
UK Pound
Japanese Yen 58.85 56.85
As on 13 Aug, 2022
  Daily Poll
PM Modi's recent US visit to redefine India-US bilateral relations
 Can't say
  Commented Stories
» GIC Re's revenue from obligatory cession threatened(1)
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter