Modi’s ‘Swadeshi’ Push: India Eyes Global Economic Top 3
Prime Minister Narendra Modi on Saturday, August 2, 2025, reiterated India’s ambition to secure the position of the world’s third-largest economy. His statement comes amidst a backdrop of global economic uncertainty.
The Prime Minister’s assertion followed recent trade tensions with the United States. These tensions included tariffs imposed by former US President Trump on Indian goods.
Mr. Modi’s call for increased support of “Swadeshi” or indigenous products is central to this ambitious economic plan. He urged citizens to actively participate in boosting domestic industries.
This push for self-reliance is seen as a key strategy to navigate the challenging international economic landscape and achieve the targeted growth. The success of this initiative will significantly impact India’s economic trajectory and global standing in the coming years. The impact on employment and small-scale industries will be crucial to watch.