Gujarat's role will be decisive in the journey of a developed India: Prime Minister Modi

Rajkot: Addressing the Vibrant Gujarat Regional Conference (VGRC) on Sunday, Prime Minister Narendra Modi said that Gujarat will play a decisive role in the economic leap of a developed India.
Prime Minister Modi stated that Gujarat's strong and dynamic role has been a crucial foundation behind India's rapidly growing economy. Speaking at the Vibrant Gujarat Regional Conference in Rajkot, he said that India is rapidly moving towards becoming the world's third-largest economy, and in this journey, Gujarat has emerged as a strong pillar.
He said that Gujarat has driven the country's development in every sector, from micro, small, and medium enterprises (MSMEs) to global financial institutions. The conference is working to accelerate India's development by bringing together the government, industry, startups, and investors on a common platform.
Highlighting the country's economic strength, the Prime Minister said that India is today the world's fastest-growing major economy, where inflation is under control, the agricultural sector is consistently recording record production, and India is the world's largest milk producer. Alongside, India is also at the forefront of global generic drug manufacturing.
Prime Minister Modi said that India has become the world's third-largest startup ecosystem and a large aviation market. In terms of metro rail networks, India is also among the world's top three countries. He said that structural reforms undertaken by the government, such as next-generation GST reforms and modernization of the income tax law, have strengthened the economy and benefited millions of people.
He informed that international agencies are also recognizing India's economic stability and growth potential. The International Monetary Fund (IMF) has termed India as the engine of global growth, while Standard & Poor's (S&P) has upgraded India's rating after 18 years. Fitch Ratings has also praised India's financial credibility. Despite global uncertainty, India is politically stable, and its middle class is consistently strengthening.
Referring to Gujarat's successes, the Prime Minister said that the country's first semiconductor fabrication plant is being set up in Dholera, which is a result of a stable and reliable policy environment. He stated that a hybrid power park is being developed in Kutch, spanning an area five times larger than the city of Paris, while Jamnagar is emerging as a major hub for green energy.
Prime Minister Modi said that industries need trained manpower and reliable power supply to move forward in areas like semiconductors, artificial intelligence, and research. He said that atomic energy will play a crucial role in this direction, and the atomic sector has been opened up for private investors under the peace law.
Discussing regional capabilities, the Prime Minister said that Saurashtra and Kutch are strong engines of Aatmanirbhar Bharat. In Saurashtra alone, over 250,000 MSMEs are operating, manufacturing everything from small tools to aircraft parts. The region is also home to the world's largest shipbreaking yard and tile manufacturing centers.
Prime Minister Modi said that the Vibrant Gujarat Regional Conference has become a strong platform to promote economic development, innovation, and inclusive progress, playing a crucial role in shaping a sustainable and prosperous future for both Gujarat and India.