Prime Minister Narendra Modi, while inaugurating the Global Investors Summit (GIS) 2025 in Bhopal, highlighted India’s rapid economic progress, stating that the country has witnessed fast-paced growth in the first 50 days of 2025. Citing the World Bank, he asserted that India is poised to remain the fastest-growing economy for years to come, with global optimism towards India’s economic trajectory at an all-time high.
Modi emphasized that India’s renewable energy sector has seen unprecedented growth over the past decade, with investments exceeding $70 billion. This surge has generated over a million jobs in the clean energy space within the past year. “During elections, I had said that we would work three times faster in our third term. We have already seen this speed in the first 50 days of 2025. The whole world is optimistic about India. It is for the first time such an opportunity has emerged in India’s history,” he said.
Record Investments and Global Recognition
On the first day of the summit, India secured MoUs worth ₹22.50 lakh crore, reinforcing investor confidence. The Prime Minister underscored recent global endorsements of India’s economic strength, including the World Bank’s projection of sustained growth, a United Nations agency recognizing India as a solar power superpower, and a new report showcasing India’s emergence as a key player in the global aerospace supply chain.
Focus on MSMEs and Business Reforms
Highlighting the government’s efforts to strengthen the Micro, Small, and Medium Enterprises (MSME) sector, Modi criticized previous administrations for restricting local supply chains’ development. ‘The current priority is to build MSME-led local supply chains. Credit-linked incentives are being provided, access to credit is easier, and support for value addition and exports has been increased,’ he stated.
Discussing the proposed Deregulation Commission, he elaborated that its objective is to identify regulations that hinder ease of doing business and to create an investment-friendly regulatory ecosystem across states. The government, in collaboration with states, has already eliminated over 40,000 compliances in recent years to boost economic growth.
Madhya Pradesh’s Economic Transformation
Lauding the Madhya Pradesh government, Modi stated that the state has greatly benefited from the energy sector boom, positioning itself as a power-surplus state with a generation capacity of 31,000 MW, of which 30% comes from clean energy. He noted that Madhya Pradesh has emerged as a leading state in agriculture and mineral production, with the potential to rank among India’s top five states by GDP.
Reflecting on Madhya Pradesh’s transformation over the past two decades, Modi remarked that the state once struggled with infrastructure, electricity, water supply, and law and order—hindering industrial growth. However, with a sustained focus on governance, the state has evolved into a major investment hub. ‘Two decades ago, people hesitated to invest in MP. Today, it is one of the top investment destinations in the country,’ he said.
The Prime Minister highlighted the state’s modern infrastructure, including industrial corridors linked to expressways, which are propelling growth in the logistics sector. He also pointed to Madhya Pradesh’s electric mobility revolution, revealing that the state has registered 200,000 electric vehicles by 2025, underscoring its shift towards sustainable transportation.
Commitment to Development
Referring to the Ken-Betwa river-linking project, Modi reiterated the government’s commitment to transformative infrastructure initiatives. Concluding his address, he acknowledged a delay in his arrival at the event, citing board exams. ‘The security measures en route to the event could have caused inconvenience to students, so I delayed my arrival by 15 minutes,’ he explained.
With a robust economic vision and policy reforms aimed at accelerating investment and industrial growth, India continues to cement its position as a global economic powerhouse.
