21st Annual Global Investor Conference 2025:
The Union Minister of Commerce and Industry addressed the 21st Annual Global Investor Conference 2025, emphasizing India’s strong economic performance and its vision of becoming a developed nation by 2047 under Viksit Bharat.
Key Highlights of 21st Annual Global Investor Conference 2025:
- India’s economy grew by 7.8% in the Q1 of FY 2025, the highest since 2020.
- Private investment went up by 66%, FDI increased by 14%, and inflation (CPI) was the lowest in many years.
- The Manufacturing PMI reached a 17.5-year high, showing strong growth in production.
- The government is using infrastructure as a growth driver to boost demand.
- Focus is also on making drones, semiconductors, and CRGO steel in India to cut imports and build local industries.
- The GST 2.0 has made taxation simpler and is expected to increase demand.
- Along with this, lower corporate and personal taxes and RBI’s easy monetary policy have boosted business activity, while keeping inflation at just 1.5%.
- The banking sector is performing at its best in years, giving confidence to depositors and borrowers.
- Also, millions of new demat accounts are being opened each month, showing growing participation in stock markets and more domestic investment.
- India has signed trade agreements with Mauritius, UAE, and Australia, and is negotiating with the EFTA bloc, EU, and UK.
- The government is promoting renewable energy and energy-efficient products like LED bulbs and 5-star appliances.
- It is also stressing Zero Defect, Zero Effect (ZED) manufacturing, which means making high-quality goods that do not harm the environment.