PM Narendra Modi at Utkarsh Odisha Conclave
India is rapidly progressing towards becoming the world's third-largest economy and the milestone of a five trillion-dollar economy is not far away, said Prime Minister Narendra Modi while inaugurating the mega Utkarsh Odisha Conclave in Bhubaneswar on Tuesday.
Over the past decade, India's strength in manufacturing has become evident. The expansion of India's economy rests on two major pillars: the innovative service sector and quality products, said PM Modi.
Noting that the 21st century is an era of connected infrastructure and multi-modal connectivity for India, PM Modi said highlighting the scale and speed at which specialized infrastructure is being developed in India is making the country an excellent investment destination.
According to PM Modi, dedicated freight corridors are connecting the east and west coastlines, providing faster access to the sea for previously land-locked regions.
Utkarsh Odisha is the biggest business Summit in Odisha till date. 5-6 times more investors are participating in Make in Odisha Conclave 2025.
Eastern India is a growth engine in the development of the country and Odisha plays a key role in this.
Odisha used to be an important centre in South Eastern Asian trade and the ports were a gateway to India.
Odisha celebrates a legacy which connects it with South East Asia.
Odisha has now begun to revive its glorious heritage in the 21st century.
ASEAN countries showing interest in strengthening trade and traditional connections with Odisha.
AI stands for both Artificial Intelligence and Aspiration of India, which is the country's strength.
Odisha is outstanding, symbolizing the optimism and originality of New India.
Odisha is becoming one of India's leading states in various industries, including food processing, petrochemicals, port-led development, fisheries, IT, edutech, textiles, tourism, mining, and green energy.
India was rapidly progressing towards becoming the world's third-largest economy.
Rapid progress cannot rely solely on the export of raw materials and therefore, the entire ecosystem was being transformed with a new vision.
The world increasingly focusing on sustainable lifestyles and moving towards a green future.
India focuses on green technology and a green future, including solar, wind, hydro, and green hydrogen, which will power the energy security of a developed India.
Odisha has immense potential in this regard and the country has launched national-level Green Hydrogen and Solar Power Missions.
The 21st century is an era of connected infrastructure and multi-modal connectivity for India.
Dozens of industrial cities with plug-and-play facilities are being constructed across the country.
Odisha is set to become one of the top states in the country in terms of the blue economy.
Global supply chain in a rapidly changing world and India cannot rely on fragmented and import-based supply chains.
A robust supply and value chain must be built within India to minimize the impact of global fluctuations.