Prime Minister Narendra Modi. File photo
| Photo Credit: ANI

Prime Minister Narendra Modi on Thursday (October 10, 2024) expressed confidence that his visit to Laos to attend the ASEAN-India and East Asia summits will further deepen engagement with ASEAN countries.

In his departure statement, Mr. Modi noted that India is marking a decade of Act East policy this year.

“I will join the ASEAN leaders to review progress in our Comprehensive Strategic Partnership and chart the future direction of our cooperation,” the Prime Minister said.

The East Asia Summit will provide an opportunity to deliberate on the challenges to peace, stability and prosperity in the Indo-Pacific region, he said.

Mr. Modi said India shared close cultural and civilisation ties with the region, including with Lao PDR, which are enriched by a shared heritage of Buddhism and Ramayana.

“I look forward to my meetings with the Lao PDR leadership to further strengthen our bilateral ties,” he said.

Mr. Modi is visiting Lao PDR at the invitation of Prime Minister Sonexay Siphandone to participate in the 21st ASEAN-India and the 19th East Asia summits.

Prime Minister Narendra Modi digitally addresses an event in New Delhi on August 19, 2023.
| Photo Credit: PTI

Prime Minister Narendra Modi asserted on August 19 that India’s economy is shining as a beacon of hope in these challenging times.

“With robust growth and resilient spirit, the future looks promising. Let us keep this momentum and ensure prosperity for 140 crore Indians,” he said on X, reacting to news portal Moneycontrol’s ‘Bullish on India’ campaign.

The portal, which specialises in reporting on markets and financial sector, had posted on X that the country’s economy has not just withstood challenges, but thrived setting the stage for optimism.

The ‘Bullish on India’ campaign showcases India’s economic resilience and growth potential in various critical sectors, it said.

It aims to analyse the key drivers of India’s economic growth while fostering awareness about the unparalleled potential the nation offers at a time of a global economic slowdown, the portal said in a separate statement.

“With detailed analysis of macroeconomic factors such as manufacturing, demography, economy, markets and India’s rising stand in the global leadership, ‘Bullish on India’ has been presented as a data backed campaign that underlines India’s resilient economic growth,” it said.

The campaign seeks to analyse key drivers of India’s economic growth while fostering awareness about the “unparalleled potential” the nation offers at a time of a global economic slowdown, it added.

“There are various adversities that have shaken economies worldwide in the past few years. However, India is standing tall, retaining its stature as the ‘world’s fastest-growing major economy’,” it said, noting that the country is set to become the third largest economy in the coming years.