‘World looking at India as bright spot of growth & hope’: PM Modi at Economic Times World Leaders Forum 2026
It was one of those evenings in the capital when the air itself seemed to carry a quiet confidence. At the Economic Times World Leaders Forum 2026, held at the Taj Palace, Prime Minister Narendra Modi stood before a hall packed with business leaders, investors and policymakers and said something that felt both simple and significant. The world, he told them, is looking at India as a bright spot of growth and hope. He did not rush into the line. He first spoke about the last few years — the ups and downs, the disruptions, the sense that nothing stays isolated anymore. “Whether one likes it or not,” he said, “the futures of all nations are interconnected. Nothing is possible in isolation.” India’s G20 presidency, he reminded the room, had carried the idea of One Earth, One Family, One Future. That same spirit, he felt, still had answers for the problems of this century. But the present is not easy. Resources are being turned into weapons. Mistrust is spreading. Global growth looks uncertain. And still, Modi said, the world keeps turning its gaze toward India. “Even in such times, the world views India as a bright spot of growth and hope.” He backed the claim with numbers that have become familiar yet still land with weight. In the last 10 to 12 years, about 25 crore people have moved out of poverty. The IMF continues to say India will remain the fastest-growing major economy. On Independence Day, speaking from the Red Fort, he had talked about seven streams of strength — manufacturing, agriculture and food processing, technology, the green economy, the blue economy and more. These, he said, are where the country is putting its energy. Then he turned to the idea of reform itself, and here his tone sharpened. He spoke of the old licence-raj days when companies that produced more than the allowed limit were actually punished. He called it the PLP model — Production Linked Punishment. Today the approach is the opposite. Higher production brings incentives. The government, he said, is not merely changing a few rules. It is changing the entire way regulations are thought about. The old mindset was “prohibited unless permitted.” The new one is “permitted unless prohibited.” If something is not clearly banned by law, there should be no need to keep asking for permission at every step. The relationship between government and people, he insisted, must rest on trust, not suspicion. Policies now are being shaped to be pro-people, pro-growth and pro-development. He pointed to things people actually notice in their daily lives — cheaper data, the quick spread of 5G, changes in the railways, the Delhi Metro, the Namo Rapid Rail. Small reforms on paper, he suggested, but they show a country adjusting itself to the times. Political stability and continuity of policy, he added, give the outside world the confidence that India’s direction will not suddenly reverse. The forum itself was full of people who matter in boardrooms and policy circles. More than 40 global speakers and over 300 Indian CEOs were expected across the two days. Earlier in the day, Times Internet chairman Satyan Gajwani had described Modi as a source of stability in a world that seems to lurch from one crisis to the next. The Prime Minister’s words seemed to answer that description directly. He did not pretend India is untouched by global pressures. He simply argued that the country has chosen a path of continuous reform and that the results are visible. Growth is being protected. The sectors that will matter in the years ahead are receiving focused attention. And the governing idea has shifted from control to enablement. The Economic Times World Leaders Forum continues through Saturday with conversations on technology, geopolitics and the next phase of growth. But Friday evening belonged to that single, clear assertion — that amid everything else, India stands out as a place of growth and hope. Sources: Times of India, Economic Times, ANI, ETV Bharat, New Kerala, The News Mill, Awaz The Voice, Akashvani News, and the official text of the Prime Minister’s address (August 21, 2026). @Rohit Manral