PM Modi Highlights India’s Political Stability at World Leaders Forum

Prime Minister Narendra Modi addressed the Economic Times World Leaders Forum 2026, positioning India as a primary engine for global economic expansion. He asserted that the international community now views India as a 'bright spot' of growth amidst global uncertainty. The Prime Minister emphasized that this perception is built on a foundation of political stability and predictable governance. He invited global investors to participate in India's industrial journey, highlighting that the country is ready to play a larger role in global supply chains through advanced manufacturing and technology.

During his keynote, the Prime Minister highlighted the transition from 'PLP' to 'PLI' (Production Linked Incentive) schemes as a hallmark of his administration's 'reform express'. He noted that policy continuity has allowed sectors like electronics, pharmaceuticals, and green energy to scale rapidly. The government’s focus on ease of doing business and infrastructure development has significantly reduced logistical bottlenecks. Modi stated that the speed of reforms has not slowed down, and the government remains committed to removing regulatory hurdles that hinder the growth of both domestic and international enterprises.

The speech comes at a time when global markets are closely watching India's fiscal discipline and democratic stability. The Prime Minister argued that a stable political mandate allows for the implementation of long-term structural changes that temporary coalitions cannot achieve. This stability is seen as a crucial differentiator for India compared to other emerging markets. The immediate reaction from industry leaders suggests a reinforced confidence in India's mid-term growth trajectory. The Prime Minister concluded by stating that India's rise is not just a national achievement but a stabilizing factor for the entire world economy.