Rising Bharat: India’s Global Power Propels Trade Deals and Tech Leadership, Says PM Modi

At the Rising Bharat Summit, Prime Minister Narendra Modi highlighted how India’s economic transformation, sectoral growth, and technological and digital innovations have drawn developed nations to actively seek trade partnerships. He presented a confident India, leading in trade, digital governance, and strategic diplomacy, and charting a clear path to global leadership by 2047.

“India’s rising global influence and economic confidence have prompted leading developed nations to actively pursue trade agreements”, Prime Minister Narendra Modi said on Friday. Speaking at the Rising Bharat Summit, he described this as proof of an “Aatmanirbhar and Aatmavishwaasi Bharat,” a self-reliant and assured India engaging with the world from a position of strength.

Rediscovering Strength and Overcoming Historical Limitations

Modi reflected on India’s journey over the past 11 years, saying the nation has “rediscovered its strength” after decades of a colonial mindset that limited its potential. “There was a time when we used to copy foreign technology. Even after Independence, India could not come out of the mentality of slavery. We are suffering the consequences of that till date,” he said. India’s capabilities are now being recognised internationally, with some observers expressing disbelief at its ability to secure trade deals with developed economies.

Economic Growth Driving Global Confidence

India’s macroeconomic stability has strengthened its credibility on the global stage. Banking reforms, controlled inflation, and sustained GDP growth have made India the “world’s growth engine.” Official data under the new GDP series, with 2022–23 as the base year, shows India’s economy grew 7.8 per cent in Q3 FY26, exceeding forecasts. Manufacturing expanded 13.3 per cent, services 9.5 per cent, and the primary sector grew 1.7 per cent. Private final consumption expenditure rose 8.7 per cent, while gross fixed capital formation increased 7.8 per cent. Exports grew 5.6 per cent despite US tariffs, with textiles, marine products, gems and jewellery, auto components, and leather goods diversifying into new markets. Imports rose 8.6 per cent. Full-year GDP growth is projected at 7.6 per cent.

Digital Leadership and Governance Innovations

Modi highlighted India’s technological advances and digital governance as central to its rising global profile. The JAM trinity, Jan Dhan accounts, Aadhaar, and Mobile, has enabled direct benefit transfers worth Rs 24 lakh crore, reducing leakages. India has transitioned from being a technology consumer to a global leader in digital payments and infrastructure, earning recognition for its Digital Public Infrastructure.

Strategic Trade and Technology Initiatives

India’s trade diplomacy includes agreements like the EU-India Free Trade Agreement, concluded in January 2026, alongside ongoing discussions with the United States. Modi also highlighted India’s leadership in 5G rollout, Bharat 6G Alliance, artificial intelligence development, and satellite communication for universal coverage. Digital security measures, including SIM binding for messaging platforms, ensure secure connectivity across urban and rural India.

Vision for the Future

Modi framed these achievements as part of a long-term vision for India’s global leadership. By 2047, the centenary of independence, India is expected to be a major contributor to global GDP and a promoter of inclusive prosperity, embodying the philosophy of “Vasudhaiva Kutumbakam” in economic, technological, and diplomatic affairs.

 

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