The Prime Minister invited German companies to further expand their operations in India, recognizing the immense potential for mutual growth. “India has the most unique digital government sector in the world,” Modi remarked, noting the country’s significant strides in digital innovation and infrastructure. He acknowledged that many German companies already have a presence in India but encouraged those yet to establish their bases to consider the vast opportunities available.

Modi’s speech also celebrated the completion of 25 years of strategic partnership between India and Germany, marking a historic milestone in bilateral relations. He referred to the strong foundations laid by previous leaders, including German Chancellor Olaf Scholz’s recent visit to India and the return of the German Business Asia Pacific Conference to Delhi after 12 years. “This year is historic for this partnership,” Modi stated, underscoring the growing collaboration between the two nations.

The Prime Minister further delved into the deep-rooted historical ties between India and Germany, recounting how German scholars and merchants contributed to the dissemination of Indian knowledge in Europe centuries ago. He mentioned that today, over 3 lakh Indians live in Germany, with 50,000 Indian students enrolled in German universities, highlighting the people-to-people connections that have strengthened over time.

More than 1,800 German companies are currently operating in India, reflecting the strong economic bond. Modi pointed to the “Focus India” document as a testament to Germany’s strategic interest in India, noting that the ongoing reforms and transformation in India have played a crucial role in reshaping the global perspective on India’s potential.

“India is becoming a global leader in the manufacturing sector,” Modi stated, citing the country’s rise to the top of various industries, including electronics, two-wheeler manufacturing, steel, cement, and four-wheeler production. He also highlighted India’s growing semiconductor industry, which is poised to make significant strides on the global stage.

The Prime Minister also pointed to India’s achievements in digital technology, stating, “Today, the world is seeing the impact of our investments and innovations in digital technology.” Modi emphasized the unique position of India’s digital public sector, noting that the country’s digital infrastructure was transforming both governance and business landscapes.

In his invitation to German companies, Modi expressed optimism about India’s business-friendly environment, citing India’s progressive policies like GST and its focus on infrastructure development. He encouraged German investors to take part in India’s growth story under the Make in India initiative, which has opened new avenues for manufacturing and investment.

The Prime Minister concluded by expressing his delight in seeing an Indian media group, TV9, organize such a significant event and reaffirmed that India and Germany are poised to enter a new chapter of collaboration, fostering sustainable growth and prosperity.

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According to Barun Das, Prime Minister Modi has become a world leader recognized for his contributions to both peace and development. He defined RRR—Relationship, Respect, and Responsibility—as the key pillars of Modi’s leadership style. RRR is not just an acronym for the popular film RRR, but for Barun Das, it embodies the formula for fostering a peaceful and prosperous future.

The Essence of RRR in Prime Minister Modi’s Leadership

Barun Das explained that RRR reflects three core principles that are central to Modi’s approach to global relations:

1. Relationship: Prime Minister Modi’s ability to build strong, positive relationships with countries across the globe is a hallmark of his leadership. From Moscow to Kiev, and from Israel to Palestine, Modi’s diplomatic efforts have shown the world the importance of establishing friendly ties, even in challenging times.
2. Respect: In every interaction, PM Modi emphasizes the importance of respect as a foundation for healthy relationships. According to Barun Das, Modi’s approach to diplomacy is rooted in mutual respect and understanding, recognizing that humanity’s greatest strength lies in collaboration, not conflict. His message to the world is clear: it’s time for peace, not war.
3. Responsibility: Barun Das highlighted that Modi’s foreign policy prioritizes the protection of human dignity and values. He expressed that under Modi’s leadership, India is committed to spreading the vision of peace worldwide. Responsibility for humanity’s well-being remains a central focus of Modi’s global outreach.

Modi’s Influence on Global Peace and Development

Barun Das also acknowledged the profound impact that Prime Minister Modi’s leadership has had on global peace and development. His efforts to maintain good relations and promote harmony across nations have garnered international admiration. PM Modi’s dedication to peace, as emphasized in his address, continues to inspire nations to work together for a common future.

In closing, Barun Das expressed his gratitude to Prime Minister Modi for taking time out of his busy schedule to address the summit. He thanked the Prime Minister for sharing his vision of a peaceful and progressive world and for highlighting the importance of these values in today’s global context.

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India’s Economic Evolution:

During his address, Jupalli Ramurao reflected on India’s journey from being a challenging landscape for businesses to becoming a land of boundless opportunities. He acknowledged the contributions of his father, Jupalli Rameswar Rao, who laid the foundation of the My Home Group with a vision to create employment and wealth despite starting with humble beginnings.

Rameswar Rao, originally a homeopathic doctor, ventured into business without financial backing, eventually establishing a robust real estate company and expanding into the cement industry. Today, My Home Group boasts a legacy of producing 12 million tonnes of cement annually, with plans to scale up to 20 million tonnes, and has constructed over 50 million square feet of real estate projects.

Opportunities for Young Entrepreneurs:

Jupalli Ramurao expressed optimism about the current Indian economic environment, highlighting that it offers a favorable platform for startups and businesses. “India today is vastly different from my father’s generation,” he stated, pointing to the billion-dollar valuations achieved by Indian startups as evidence of the country’s progress.

He emphasized that global investors are increasingly drawn to India, resulting in a surge of funding and opportunities for young entrepreneurs. Ramurao credited the Indian government’s initiatives, such as policies encouraging innovation and entrepreneurship, for creating this vibrant business ecosystem.

India’s Competitive Edge:

According to Ramurao, India’s large population and skilled youth workforce are critical drivers of its economic ascent. He also stressed that young entrepreneurs in India are equipped to face challenges with resilience, thanks to the resources and opportunities available today.

Takeaway from the Summit:

The News9 Global Summit provided a platform for leaders like Union Ministers Ashwini Vaishnaw and Jyotiraditya Scindia, who shared their vision for India’s growth. Jupalli Ramurao’s insights reaffirmed India’s standing as a global destination for entrepreneurship, innovation, and investment.

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