India aims to lead new global economic order, says VP Radhakrishnan
Vice President C P Radhakrishnan spoke in Visakhapatnam about India's role amidst geopolitical shifts and technological changes.
Vice President C P Radhakrishnan said on Friday that India intends to take a prominent position in the changing global economic landscape. Speaking at the 31st CII Partnership Summit in Visakhapatnam, Andhra Pradesh, Radhakrishnan noted that the global economy is being reshaped by technological disruptions, climate change, evolving supply chains, and geopolitical uncertainties, according to the Daily Excelsior.
Radhakrishnan stated that nations showing innovation, adaptability, and trusted partnerships will be best positioned to influence the future. He expressed confidence that India is progressing towards becoming a developed nation by 2047 under the leadership of Prime Minister Narendra Modi.
The Vice President highlighted that India's goal is to help shape the new economic order rather than just participating in it. He cited the country's expanding services and manufacturing sectors, skilled workforce, and entrepreneurial ecosystem as key factors in this growth.
Addressing the state of Andhra Pradesh, Radhakrishnan noted that the state has secured 714 investment projects valued at more than Rs 22 lakh crore since June 2024. He said the Swarna Andhra 2047 vision of Chief Minister N Chandrababu Naidu aligns with the Prime Minister's Viksit Bharat 2047 vision.
Radhakrishnan described Atmanirbhar Bharat as a means to build domestic capabilities and integrate with global markets rather than turning inward. He called for industry, academia, and young people to participate in the effort to build a developed India.
The event was attended by Andhra Pradesh Governor S Abdul Nazeer, Chief Minister N Chandrababu Naidu, and Union Ministers Pralhad Joshi and Kinjarapu Ram Mohan Naidu.