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Home » India on way to third biggest economy: PM
NATION

India on way to third biggest economy: PM

NT BureauBy NT BureauAugust 2, 2025No Comments
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Prime Minister Narendra Modi reaffirmed the resilience of the Indian economy and said the country is on track to become the world’s third-largest economy, amid global economic turbulence triggered by tariff hikes announced by Donald Trump.

The Prime Minister also made a strong pitch for ‘swadeshi’ products, calling it the way forward.

PM Modi’s remarks came just days after US President Donald Trump described India as a “dead economy” while commenting on the country’s ties with Russia.

Specifically pointing out the “atmosphere of global instability”, the Prime Minister asserted that the government is doing everything necessary to serve the country’s best interests.

There is an atmosphere of global instability. All countries are focusing on their individual interests. India is going to become the third biggest economy in the world and that is why India will have to stay alert as far as its economic interests are concerned,” PM Modi said at a rally in Varanasi.

He added, “Our government is doing everything it can in the best interest of the country… Those who want the best for the country and want to see India as the third biggest economy in the world, be it any political party, should leave their differences aside and instil a resolution for ‘swadeshi’ products”.

“We will buy only those things that are made by Indians. We need to become vocal for local,” the Prime Minister stressed.

amid global economic turbulence triggered by tariff hikes announced by Donald Trump. Prime Minister Narendra Modi reaffirmed the resilience of the Indian economy and said the country is on track to become the world’s third-largest economy
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