Bharat has emerged as the most buoyant economy in the world that has 8% growth prospects for decades to come, stresses Vice-President Mr. Jagdeep Dhankhar

At the 2nd edition of the Uttar Pradesh International Trade Show 2024 in Greater Noida, Vice-President of India, Mr. Jagdeep Dhankhar, emphasized Bharat's position as one of the world’s most buoyant economies and a favoured destination for global investment. Delivering the inaugural address, He noted that Bharat is now a nearly US$ 4 trillion economy, with projected growth of 8% for decades. He highlighted India's rapid infrastructure development, including constructing 28 km of highways daily, adding 8 new airports annually, and expanding metro systems. Under Prime Minister Mr. Narendra Modi’s leadership, Uttar Pradesh is playing a crucial role, with 12 new industrial zones focused on emerging technologies such as AI, electric mobility, and semiconductors.

He highlighted India’s digital and financial advancements, including 13 billion digital financial transactions per month and the world's third-largest startup ecosystem with 117 unicorns. He underscored the semiconductor industry's growth, projected to surpass US$ 55 billion by 2026. He highlighted the shift from "Make in India" to "Conceptualize, Design, and Make in India." He praised Uttar Pradesh’s transformation into "Uttam Pradesh" under Chief Minister Mr. Yogi Adityanath's leadership, expressing confidence in the state's goal of becoming a US$ 1 trillion economy by 2027, contributing significantly to India's vision of a US$ 5 trillion economy. He also emphasized the partnership with Vietnam at the trade show, noting its potential for fostering cultural and economic exchanges while reflecting on India's remarkable growth over the past decade.

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