Overview

• Sunil Mittal warned that frequent polls trigger early enforcement of the election code of conduct, halting government contracts, payments and broader economic activity
• He urged CII to establish a committee to engage all major political parties on the benefits of a ‘One Nation, One Election’ model
• Mittal highlighted that India’s R&D spending stands below 1% of GDP—far behind peers such as China and South Korea—and called for industry-led research investment
• He stressed the need for clear regulatory frameworks for artificial intelligence and cryptocurrency to ensure India fully leverages emerging technologies
• Mittal emphasized an India-first ethos and deeper collaboration between industry and government as essential for sustaining the country’s economic momentum