India's Economic Surge: PM Modi Highlights 7.7% GDP Growth and Ambitious Financial Hub Plans. In a virtual address on the 'Infinity Forum 2.0' conference hosted at the Gujarat International Finance Tec (GIFT) City, Prime Minister Narendra Modi underscored India's robust GDP growth of seven.7% within the initial half of of the ongoing financial 12 months. Modi attributed this financial upswing to the state's bolstered financial system and the collection of transformative reforms carried out during the last decade.
The Prime Minister articulated his government's aspiration to raise the GIFT City in Gandhinagar into a international nerve center for contemporary monetary and generation offerings. Emphasizing India's pivotal position in the rapidly increasing fintech landscape, Modi harassed the GIFT International Financial Services Centre (IFSC) as a burgeoning epicenter.
"In the preliminary six months of this economic yr, India has finished an outstanding GDP growth of seven.7%. Today, the worldwide highlight is on India, a testimony now not only to our bolstered financial system but also to the transformative reforms of the beyond decade," remarked Modi during his inaugural cope with.
Acknowledging India's status as one of the world's quickest-developing fintech markets, Modi advised enterprise professionals to contribute ideas towards setting up a marketplace mechanism for inexperienced credit, underscoring the united states' commitment to sustainable finance.
Commending the inclusion of Gujarat's traditional Garba dance in UNESCO's 'Representative List of the Intangible Cultural Heritage of Humanity,' the Prime Minister prolonged his congratulations to the human beings of Gujarat on this massive fulfillment.
