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India to become growth engine for world, will be $5 trn economy soon: PM

He told the gathering that India has the world's third-largest startup ecosystem and there are over 100 unicorns in the country

PM Modi addresses leaders from the BRICS group of emerging economies at the start of a three-day summit in Johannesburg, South Africa, Tuesday, Aug. 22, 2023. AP/PTI

PM Modi addresses leaders from the BRICS group of emerging economies at the start of a three-day summit in Johannesburg, South Africa, Tuesday, Aug. 22, 2023. AP/PTI

Press Trust of India Johannesburg

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Prime Minister Narendra Modi on Tuesday said India will become the growth engine for the world in the coming years, and the ease of doing business has improved with "mission-mode" reforms being undertaken by his government.
Speaking at the BRICS Business Forum Leaders' Dialogue here, Modi also said India soon will become a USD 5 trillion economy.
He told the gathering that India has the world's third-largest startup ecosystem and there are over 100 unicorns in the country.
Modi is on a visit to South Africa, which is hosting the first in-person summit of BRICS comprising Brazil, Russia, India, China, and South Africa, since 2019.

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First Published: Aug 22 2023 | 10:27 PM IST

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