New Delhi, October 18 (IANS). Industry leaders on Saturday praised Prime Minister Modi’s policies and India’s rapid development. Karthikeya Hariyani, founder and chief executive officer (CEO), Charge Zone, who arrived at the NDTV World Summit 2025, while talking to news agency IANS on the sidelines of the event, said that the policies adopted and initiated by Prime Minister Narendra Modi to promote electric mobility in India are impressive. “The PM e-Drive scheme was launched last year. It aims to promote electric vehicles. It is a subsidy support program for the electric mobility industry for the domestic market,” Hariyani said. “In my opinion, electric mobility is the top priority of the Prime Minister and the government and they also have a mission-driven plan for it,” said the Charge Zone CEO. He said that the Indian market has been at the peak of growth for many years as it has always grown at high single digit growth rates. Deakin University CEO Ravneet Pahwa said India is a shining star and the country will soon become the third largest economy in the world. “I think India is being developed and I have no doubt that we will achieve it,” said Pahwa. He further said that it is important for India to think about cooperation with the rest of the world to achieve the goals of a developed India. Neil Thompson, MIT’s FutureTech research director, said the Indian economy is growing and it is encouraging to know that the country has low inflation and high growth, which is actually a recipe that can lift many people out of poverty and do great good in the world. Meanwhile, Parag Khanna, founder and CEO of AlphaGeo, said that India’s indigenous approach to AI is very important to be different from the Chinese approach or the American approach. “A lot of development in India is open source, with open data available and transparency about how it’s developed, deployed and controlled,” Khanna said. Furthermore, he further said that there is great hope that India can become a world leader not only in developing AI models but also in deploying them in public interest. –IANS SKT/
India is a shining star, will soon become the world’s third largest economy: industry leaders
