- Tuesday, April 01, 2025
The Prime Minister said India has shown how the democratisation of digital technology is benefiting every sector and every class
By: Shajil Kumar
PRIME MINISTER Narendra Modi on Monday said the development following the mantra of ‘Reform, Perform and Transform’ is visible in every sector.
Addressing the inaugural session of the Rising Rajasthan Summit in Jaipur, Modi said every expert and investor in the world is very excited about India.
“In the last ten years, India has become the 5th largest economy from the 10th largest. In the last ten years, India has almost doubled the size of the economy. India’s exports have also almost doubled in ten years,” he said.
Modi stressed on the importance of having a large manufacturing base in India. “Today the world needs an economy that continues to function strongly even during the biggest crisis. It should not be disrupted. For this, it is very important to have a large ‘manufacturing base’ in India,” he said.
He said that it is a great achievement in itself that democracy is flourishing in a diverse country like India.
“Welfare of humanity while being democratic is at the core of India’s philosophy. The people of India are voting for a stable government in India through their democratic right. The youth power is taking this forward,” he said.
The PM said that India is going to be among the youngest countries in the world for many years to come. “India will have the largest pool of youth as well as the largest skilled youth segment. For this, the government is taking many decisions one after the other,” he said.
The Prime Minister said India has shown how the democratisation of digital technology is benefiting every sector and every class. “India is showing the world the real power of ‘Democracy, Demography and Data’,” he said.
PM Modi said our government is working on the mantra of development as well as heritage, and Rajasthan is getting huge benefits from it.
He said the priority of the post-independence governments was neither the development of the country nor the heritage and Rajasthan has suffered the loss due to this.
“Rajasthan is not just rising but also proving to be reliable. The state is receptive to change and knows how to refine itself over time. Recently, Rajasthan’s “R-factor” has gained an additional dimension, with the people electing a responsive government led by the BJP,” he said.
Modi said in a short span of time, Chief Minister Bhajanlal Sharma and his team have delivered impressive results and his commitment towards the state’s development are highly commendable.
Adani Group investment
The Adani Group is planning to invest ₹7.5 trillion (£69.34bn) across sectors in Rajasthan, a senior company official said on Monday.
While speaking at the Rising Rajasthan Summit Adani Ports and SEZ, Managing Director Karan Adani claimed that 50 per cent of the total investment will be made within the next five years.
He said that the company plans to build the world’s largest integrated dream energy ecosystem involving 100 gigawatt of renewable energy, 2 million tonnes of Hydrogen and 1.8 gigawatt related to hydro projects.
“These investments will build Rajasthan into an oasis of green jobs,” Adani said.
Mahindra to invest in solar energy
Mahindra Group’s solar division has committed to investing ₹110 billion (£1.02bn) in Rajasthan, a top official of the group said.
At the Rising Rajasthan Global Investment Summit, Mahindra Group Chairman Anand Mahindra said the company has set up 1.1 gigawatt solar capacity in Rajasthan.
“Our solar division has erected over 1.1 GW in Rajasthan and already committed investment of over Rs 11,000 crore to achieve an additional 2.8 GW capacity,” Mahindra said.
He said Mahindra Group has created 5,000 direct employment in the state and plans to increase it significantly over the next five years.
“Club Mahindra has six properties in the state and plans to nearly double (it) in the coming years,” Mahindra said. (PTI)
