India a beacon of hope with strong economy: PM

New Delhi, Mar 03, 2026 : Prime Minister Narendra Modi has said that India continues to be a beacon of hope for the world with its strong economy. He said, as India emerges as a beacon of hope for the world, rapid economic development has become the cornerstone for realizing the vision of Viksit Bharat. Addressing a post-budget webinar on the theme Sustaining and Strengthening Economic Growth, through video conferencing, Mr Modi said, today, the world is looking for reliable and resilient manufacturing partners. He said, India has the opportunity to become a key player in this direction.

Prime Minister Modi said, government intention and resolve are clear to Build more, produce more, connect more and Export more. Prime Minister said, India has entered into free trade agreements with many countries and doors of vast opportunities have opened up for the country. He said, it is everyone’s responsibility to never compromise on quality and the products should be of global standard.

Prime Minister Modi exhorted industries to step up investment in research and development and focus on quality. He said, to bring about ground-level changes, industry, financial institutions, and state governments must work together to make it a reality. He said, the budget includes provisions for the Biopharma Shakti Mission, which aims to establish India as a global hub for biologics and next-generation therapies. He said, the mission seeks to position the country as a leader in advanced biopharma research and manufacturing.