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#WATCH# | Delhi: TV Narendran, CEO and Managing Director of Tata Steel Limited, says, "The conflict in West Asia disrupted shipping through the Strait of Hormuz, one of the world's most important energy routes. Traffic through the Strait remains well below normal levels even now. For a country like India, these things have very direct consequences: energy costs go up, shipping costs change, insurance premiums change, supply chains get disrupted, and eventually, all of that finds its way into the cost of doing business. Yet, despite all this, the Indian economy grew at 7.8% in the April-to-June quarter. Investment grew by 11.9%, while manufacturing and services remained important contributors to growth. This tells us about the underlying strength of the Indian economy. We have a very ambitious trajectory ahead of us. We want to become one of the world's largest economies. We want to create productive employment for a very large young population. We want Indian companies to become much more significant participants in global value chains..."
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Prime Minister Narendra Modi said the unanimous adoption of the New Delhi Declaration at the 2026 BRICS Summit was a major testament to the world's growing trust in India. PM Modi made the remarks while inaugurating SEMICON India 2026 in New Delhi on his birthday on Thursday. At the 2026 BRICS Summit in New Delhi, India secured the unanimous adoption of the New Delhi Declaration following overnight negotiations aimed at resolving geopolitical gridlock between Iran and the United Arab Emirates. Prime Minister Narendra Modi turned 76 today. Referring to India's economic performance, PM Modi said the country's quarterly GDP report was released in September and that India recorded 7.8 per cent growth despite a challenging period. #PMModi# #BRICS2026# #NewDelhiDeclaration# #SEMICONIndia2026# #IndiaEconomy#
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Why India has to do manufacturing? Why make in India will be a failure? Why should India build large factories to manufacture small chips? Why not smuggle semiconductors? Why become a superpower? Why Indian economy is going to fail soon? (since 2015) Why India has "Hindu rate of growth"? Why aspiring to be a developed nation by 2047 is "nonsense"? Even if you have two neurons in the brain firing without biases and ideologies, you will reject such a pessimistic person on India as a sore loser and a lunatic.
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