PM Modi Showcases India’s Remarkable Rise as 5th Largest Economy at India-Cyprus CEO Forum

At the India-Cyprus CEO Forum, Prime Minister Narendra Modi proudly presented India’s compelling growth story, underlining the country’s ascent as the 5th largest economy in the world. The gathering, which brought together business leaders and policymakers from both nations, turned into a powerful platform to reinforce India’s rising influence in the global economy.

India’s Journey to Becoming the 5th Largest Economy

In his address, PM Modi spoke about India’s transformation from a developing economy to the 5th largest economy globally — a status earned through consistent reforms, strategic investments, and a focus on inclusive growth. He emphasized that India’s economy is not just growing in size but also in strength, with robust fundamentals and the promise of long-term stability.

India’s rise to this economic rank has been accompanied by massive growth in infrastructure, foreign direct investment, and innovation, making it one of the most sought-after destinations for global businesses.

Digital Revolution Transforming the Indian Landscape

Another cornerstone of the Prime Minister’s address was India’s digital revolution. PM Modi pointed out how digital governance and initiatives like Digital India have redefined service delivery, empowered citizens, and connected remote areas with the global digital economy.

From digital payment systems like UPI to India’s advanced Aadhaar infrastructure, the country has become a case study in how digital transformation can boost both transparency and efficiency. These developments have given an additional push to India’s image as the 5th largest economy driven by tech innovation.

Manufacturing Mission Creating Global Impact

PM Modi also focused on India’s thriving manufacturing mission, which has gained global recognition through campaigns like ‘Make in India’ and the recently introduced ‘Aatmanirbhar Bharat’. These initiatives aim to transform India into a self-reliant, high-tech, and export-driven manufacturing hub.

India’s low-cost yet high-quality production capabilities make it a preferred partner in global supply chains, further cementing its status as the 5th largest economy. The forum served as an ideal platform to invite Cypriot investors to tap into the vast Indian manufacturing and tech landscape.

India-Cyprus: A Partnership for the Future

The India-Cyprus CEO Forum also served to strengthen bilateral ties. Modi described the relationship as one based on shared democratic values and a vision for economic collaboration. He invited Cypriot companies to explore investment opportunities in sectors like fintech, renewable energy, pharmaceuticals, tourism, and IT.

With India now being the 5th largest economy, the forum emphasized mutual gains in innovation, trade, and sustainable development. Both nations agreed to foster greater business-to-business engagement and support institutional cooperation.

A Vision Rooted in Progress and Global Responsibility

The Prime Minister concluded his remarks with a call to action: to continue building a world economy rooted in peace, resilience, and shared prosperity. He noted that India’s scale, talent, and ambition are aligned with the needs of a rapidly evolving global landscape.

With its strong democratic foundation and emerging as the 5th largest economy, India is positioned to be not only an economic powerhouse but also a force for good in the international order.

Conclusion

PM Modi’s address at the India-Cyprus CEO Forum highlighted more than just statistics — it painted a picture of a confident, forward-looking India ready to lead. As the 5th largest economy, the country is on a path of innovation, growth, and inclusive development, attracting global partnerships and inspiring trust among investors.

The forum concluded with renewed optimism and a strong sense of purpose: to make India-Cyprus economic ties a model for 21st-century collaboration.