India's Economic Growth Soars at 7.7%, Signaling Global Confidence, Says PM Modi

Addressing the prestigious "Infinity Forum 2.0" conference at the GIFT City in Gandhinagar today, Prime Minister Narendra Modi announced a remarkable 7.7% growth in India's Gross Domestic Product (GDP) for the first half of the current fiscal year. This significant surge, the Prime Minister declared, reflects India's economic resilience and the impact of far-reaching reforms implemented over the past decade.

PM Modi emphasized the strategic importance of the Gujarat International Finance Tec (GIFT) City, outlining his government's vision to transform it into a global hub for cutting-edge financial and technological services. Delivering his inaugural address via video conference, he affirmed that the world's eyes are now focused on India, captivated by its vibrant economy and bold reforms.

Highlighting India's emergence as one of the world's fastest-growing fintech markets, PM Modi credited the GIFT International Financial Services Centre (IFSC) as a key driver. He urged financial technology experts to join forces and tackle global challenges with innovative solutions.

Speaking on India's young and dynamic workforce, the Prime Minister lauded the nation's transformation into a global capacity center. Over the past decade, diverse sectors have witnessed exponential growth, offering a plethora of trade opportunities. A robust IT talent pool and stringent data protection laws have fostered secure digital connectivity in the finance sector.

PM Modi emphasized India's unparalleled talent advantage, creating exceptional opportunities and positioning the nation as a prominent player on the world stage. Illustrating the phenomenal growth in the Civil Aviation sector, he noted the daily influx of four lakh passengers, with the number of airports doubling in the last decade. Anticipating a booming future, he mentioned plans to acquire 1000 aircraft in the coming years.

In a moment of immense cultural pride, PM Modi congratulated the people of Gujarat on UNESCO's recognition of the state's traditional Garba dance as part of the "Representative List of the Intangible Cultural Heritage of Humanity." This recognition further enriches India's cultural tapestry and strengthens its global standing.

As India's economic trajectory continues its upward climb, PM Modi expressed unwavering confidence in the nation's ability to navigate global challenges and emerge as a beacon of innovation and growth.