Heartiest wishes to all my Indian brothers and sisters on the 78th Independence Day! India is truly in its Golden Era, a land of immense opportunities for this century. While much has been achieved, there is still a long way to go to reclaim the ancient glory that Bharat has always been known for.
Bharat remains a young nation, brimming with energy and a strong will to achieve new milestones. Indians, both within the country and abroad, along with the global community, are looking at India, working with India, and becoming part of the success story that India has created and will continue to create in the coming 25 years.
Today, no one wants to miss out on this success story. From the youth, farmers, women, and backward classes, everyone is given the highest priority to ensure they have access to opportunities. Those who are well-off aim to build their wealth and grow more prosperous through this growth agenda.
India’s market capitalization has grown by almost 400 basis points of its GDP in the last couple of years. Nearly 20% of India’s market capitalization comes from foreign funds, reflecting the rising confidence in the ease of doing business.
India is already a leader in software services, banking, infrastructure, transportation, green energy, and agriculture. The country is now working in mission mode to revolutionize sectors like education, healthcare, semiconductor chips, space, and defense. Efforts are also underway to upgrade the outdated judiciary, further improving the ease of doing business.
I invite people from all around the world to be part of the wealth that will be created in India in the coming 25 years. India remains the fastest-growing economy, with its stock markets open to all investors in various forms and shapes.
Today, the Indian stock market sees thousands of profit-making companies listing themselves, offering investors ample opportunities to build wealth in times of global uncertainty and crisis. It’s a game of patience—invest in India for the long term and watch your wealth multiply. Reach out to your investment advisors. We have all seen how retail investors have been at the forefront of the last 12 months’ bull run. When you dig deeper, you see the resources in terms of skills, savings, and a committed approach that India is navigating its path through.
Once again I wish heartiest wishes on this Independence Day and encourage to resolve to give your best shot in whatever we do to keep the momentum on.
In Pics | Prime Minister #NarendraModi addresses the nation on the occasion of 78th #IndependenceDay from #RedFort, New Delhi.
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9moHyderabad cannot be a common capital like Chandigarh due to its distinct governance and administrative setup. Chandigarh is a Union Territory directly governed by the Central Government, making it a neutral geographical territory that ensures equal access and impartial administration for both Punjab and Haryana. This geographical neutrality helps prevent potential conflicts between the states over administrative control and resource allocation. In contrast, Hyderabad is fully part of Telangana, lacking the neutrality that Chandigarh offers. The Andhra Pradesh Reorganisation Act, 2014, stipulated a transitional period of 10 years for Hyderabad to serve as a joint capital, allowing Andhra Pradesh time to develop its own capital, Amaravati. The complexities of managing two states' administrative needs in a single city, coupled with political and logistical challenges, made a permanent joint capital arrangement impractical.