Overview
- At the Bloomberg New Economy Forum on Tuesday, Prime Minister Narendra Modi presented a “Power to Empower” vision that treats technology, data and innovation as tools to expand opportunity rather than concentrate power.
- Modi cited economic indicators — 7.8% growth in April–June and foreign reserves above USD 700 billion — to argue India has the macro strength to be a dependable partner for other countries.
- He pointed to specific policy building blocks, saying India’s digital public infrastructure (payments, Aadhaar, the open‑source CoWIN platform), a startup base now claimed at about 250,000 firms, vaccine exports to more than 100 countries and a rise in renewable capacity from roughly 75 GW to nearly 300 GW show how domestic gains can be shared.
- Days earlier in Chennai he urged young people to ‘dream big’ for a developed India by 2047 and linked that domestic mobilisation to ambitions such as hosting major sporting events and advancing space goals.
- Modi pitched this message as both an investment signal and a diplomatic offer: India seeks deeper ties with the Global South and supply‑chain partners, a stance that could draw more investment but rests on government figures that independent verification may be required for precision.