Modi 3.0: India Inc Expects Continuity in Reform Agenda

New Delhi: India Inc on Monday expressed confidence that Prime Minister Narendra Modi-led NDA government in its third term would take the Indian economy to even greater heights soon, and emerge among the top three in the world in the next few years. Besides, several corporate leaders posted congratulatory messages on X (formerly Twitter), after Modi was sworn in as Prime Minister at the Rashtrapati Bhavan on Sunday, becoming only the second PM after Jawaharlal Nehru to secure a third consecutive term.

“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. The Confederation of Indian Industry (CII) is confident that under the astute leadership of PM Modi, the country would continue its economic transformation and emerge among the top three in the world,” said CII president Sanjiv Puri.

CII director general Chandrajit Banerjee also said as India continues to think and act ‘big’ under Modi, continuity in the reform agenda will carry India forward on the path to becoming a developed nation. “The third consecutive term for the NDA paves the way for continuity in the reform agenda. We look forward to progressive policies and measures that will foster economic and social development and build a strong foundation for Viksit Bharat,” FICCI president Anish Shah said.

Assocham secretary general Deepak Sood said that India Inc is feeling confident that leadership of the country will be steered to greater heights, maintaining the fastest pace of growth amongst the major economies of the world. “The Indian industry and global investors are feeling reassured of fast and bolder reforms well beyond the economy, touching upon wider governance, quality and ease of living and leveraging upon the aspirational young population,” he said.

Business leaders are also holding high hopes from the upcoming Union Budget. “We are looking forward to the forthcoming regular Budget of the new government, which should serve as clear policy directions and priorities of the NDA government,” Assocham president Sanjay Nayar said.

Vedanta Group chairman Anil Agarwal tweeted and congratulated the PM, saying that Bharat has crossed many milestones under your visionary leadership. “We are confident that the country will continue on its remarkable growth trajectory!” he said.

JSW Group CMD Sajjan Jindal also said in his tweet that with the new cabinet, he is optimistic about the continued progress and development of our nation. “Together, Let’s build a stronger & more resilient economy,” he said.