India Emerging as Model of High Growth and Low Inflation, Says PM Modi at HT Summit

By A Staff Reporter

New Delhi: Prime Minister Narendra Modi on Friday said India’s economic momentum and structural resilience have positioned the country as a global model of “high growth and low inflation” at a time when major economies are slowing. Addressing the Hindustan Times Leadership Summit, the Prime Minister highlighted India’s projected 8% growth, contrasting it with global growth of around 3% and an average of 1.5% among G7 nations.

He said the shift from chronic inflation concerns to sustained macroeconomic stability reflects a deeper transformation. “These achievements of India are not just a matter of numbers. This fundamental change is about resilience… about the power to solve problems… about removing clouds of doubt and expanding the horizons of aspiration,” Modi said, adding that today’s India is shaping both its present and its future with renewed confidence.

Expanding on the government’s development approach, the Prime Minister said much of India’s potential had remained untapped for decades due to limited opportunities and systemic obstacles. He underlined that unlocking this potential is now central to India’s growth strategy. “When this untapped potential gets opportunities and participates in national development with full energy, the transformation of the country is inevitable,” he said.

Modi cited eastern India as a key example, noting unprecedented investment in connectivity, modern infrastructure, and industrial development in the region. He added that villages and small towns are being rapidly equipped with modern amenities, and that many smaller urban centres are emerging as new hubs for startups and MSMEs. The Prime Minister said these shifts reflect a broader, inclusive transformation driven by aspiration, opportunity and a national resolve to realise India’s full capabilities.