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Business

India's economic growth brings confidence, new opportunities to world: Modi

Business Standard ·
India's economic growth brings confidence, new opportunities to world: Modi

India and Belgium on Thursday agreed to significantly expand their cooperation in trade, defence, critical minerals, clean energy and technologies following Prime Minister Narendra Modi's wide-ranging talks with his Belgian counterpart Bart De Wever.

In his media statement, Modi highlighted India recording a 7.8 per cent growth rate in the last quarter and said the country's economic rise was a source of confidence and new opportunities for the world.

The Belgian prime minister described the conclusion of the India-European Union free trade pact as a major milestone, and said New Delhi and Brussels are building a relationship that is broad and more strategic than ever before.

"Today, the world is passing through a phase of great upheaval.

In many parts of the world, situations of conflict persist.

Food, fuel or supply chains- uncertainty is affecting every sector," Modi said.

"Even in this challenging environment, India's economy has maintained its momentum.

In the last quarter, we

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