PM Modi Fearless Message, India is on the cusp of a historic economic transformation. During his two-day visit to Cyprus, Prime Minister Narendra Modi confidently stated that India is poised to become the world’s third-largest economy, fueled by robust reforms, digital innovation, and strategic global partnerships.
A Vision of Economic Power
PM Modi Fearless Message, At a high-level business roundtable held in Limassol, Cyprus, PM Modi and Cypriot President Nikos Christodoulides engaged with industry leaders from both nations. The agenda: deepening bilateral cooperation in critical areas such as technology, finance, logistics, tourism, defence, artificial intelligence, and maritime trade.
Addressing a diverse group of business stakeholders, PM Modi outlined India’s growth story over the past decade. India’s economic progress has not just been rapid it has been revolutionary, he emphasized. Driven by policy stability, regulatory reforms, and a strong start-up ecosystem, India is ready to claim its spot as the third-largest economy globally.”
India’s Economic Resurgence
PM Modi Fearless Message, India’s economy has witnessed a remarkable turnaround in the last 11 years, fueled by major structural reforms such as:
- The Goods and Services Tax (GST)
- Digital India initiatives
- Ease of Doing Business enhancements
- Robust infrastructure development
- Start-up and innovation incentives
These reforms have led to sustained growth, placing India among the fastest-growing major economies in the world. PM Modi highlighted that this momentum is not just a phase, but a reflection of India’s long-term economic trajectory.
Cyprus A Strategic Gateway for Indian Investments
PM Modi Fearless Message, During his address, PM Modi described Cyprus as an important economic partner, highlighting the strategic advantages the island nation offers Indian companies especially in reaching European markets.
Cyprus is fast emerging as a gateway to Europe for Indian businesses. With its strong financial ecosystem and pro-investment climate, it’s an ideal launchpad for IT, financial services, and tourism ventures,” said Modi.
Landmark Announcements and New Collaborations
PM Modi Fearless Message, The roundtable interaction saw several key announcements, reinforcing the growing economic synergy between the two nations:
- MoU Between NSE International Exchange (GIFT City) and Cyprus Stock Exchange
This MoU aims to deepen financial cooperation and broaden capital market connectivity. - UPI Goes Global: NPCI Ties Up with Eurobank Cyprus
A landmark move for India’s fintech space, Unified Payments Interface (UPI) will now support cross-border payments between India and Cyprus. This initiative will benefit tourists, businesses, and diaspora communities. - India–Greece–Cyprus (IGC) Business and Investment Council Launched
This trilateral platform will foster joint ventures and innovation in shipping, civil aviation, renewable energy, and digital infrastructure.
A Future-Ready Economy
PM Modi Fearless Message, spotlighted India’s edge in new-age technologies. From AI to Quantum Computing, Critical Minerals to Semiconductor manufacturing, India is building a future-ready economy,” he asserted.
He further invited Cypriot businesses to invest in sunrise sectors such as:
- Digital Payments and Fintech
- Civil Aviation and Shipbuilding
- Green Hydrogen and Renewable Energy
- AI & Quantum Technologies
With government-backed initiatives and a rapidly expanding talent pool, India offers limitless opportunities for global partners.
Strengthening India-EU Relations
PM Modi Fearless Message, As Cyprus prepares to assume the Presidency of the EU Council next year, the two leaders reaffirmed their shared commitment to strengthening the India-EU Strategic Partnership.
Top on the agenda: finalizing the long-pending India-EU Free Trade Agreement (FTA), which could significantly increase trade volumes and attract long-term foreign investments.
Both nations expressed optimism that the FTA will be concluded by the end of the year, potentially unlocking a new era of economic cooperation between India and the European bloc.
Shaping Global Economic Trends
The outcomes of today’s roundtable go beyond diplomacy. They provide a practical roadmap for scaling strategic cooperation in high-growth sectors, Modi remarked. He added that this collaboration could reshape global economic dynamics, with India playing a central role.
As Modi’s visit comes amidst global economic realignments, India’s message is clear: The country is open for business, innovation, and collaboration on a global scale.
Modi’s Three-Nation Tour
PM Modi Fearless Message, PM Modi’s Cyprus visit is part of a broader three-nation diplomatic tour that includes Canada and Croatia. After his Cyprus engagements, he will travel to Canada to attend the G7 Summit, where global climate and economic issues are expected to dominate discussions.
His final stop is Croatia, where bilateral meetings with President Zoran Milanovic and Prime Minister Andrej Plenkovic will further strengthen ties across Central and Eastern Europe.
A Defining Decade Ahead
With a strong reform agenda, digital prowess, and international goodwill, India is well on its way to becoming a global economic powerhouse. PM Modi Fearless Message, proactive foreign policy, combined with domestic development, is paving the path for India’s rise to the top three economies globally.
The Cyprus visit is not just symbolic it’s a strategic milestone. It reaffirms India’s growing role in global trade, diplomacy, and technological innovation.
As the world watches, one thing is clear India is not just rising; it’s redefining the global economic order.
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