India has become a strong country at present due to reforms and has been growing at the rate of about 8 percent for the last five years, which is the highest among the G20 countries. This statement was given by Australia’s leading industry leaders on Thursday.
Speaking to news agency IANS, ANZ CEO Nuno Matos said that India is a very strong country at this time. India has made many reforms. The country is performing very well and is transforming its business for the future based on sectors like technology, renewable energy and EVs. For this reason the world’s attention is also going towards India.
He further said that India’s growth rate in the last five years has been around 8 percent. It is at the forefront of development among G20 countries. This is a truth which cannot be stopped and I think now India is one of the most powerful countries in the world.
Australian Super CEO Paul Schroder said Prime Minister Narendra Modi’s long-term vision for India’s economic growth and his understanding of trade and investment have strengthened investor confidence in the country.
Speaking to news agency IANS, Schroder said he had spoken to PM Modi before and was impressed by his way of connecting with businesses and long-term investors.
Schroder said, “I have had the opportunity to meet PM Modi before and he has always assured me that he understands business and investment. He takes a long-term view of India’s prosperity and ensures that investors get stable policies and a good environment for the future.”
Meanwhile, Paul Henry, Senior Principal, Global Director and Co-Founder of Populous, said, “Today was a very successful day and PM Modi has shown tremendous commitment by attending this event with PM Albanese.
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