In a recent interview with the PTI news agency, following the Union Budget and trade deal discussions with the USA and the European Union, Prime Minister Narendra Modi highlighted the vital role of political stability in enhancing investor confidence in India. He noted that India's robust manufacturing, service, and MSME sectors have empowered the country to negotiate trade agreements with 38 nations on favorable terms. Modi pointed forward to the growth prospects these agreements would facilitate in various industries.

Modi specifically mentioned that the Free Trade Agreements (FTA) established are aimed at increasing market access for small and medium enterprises (SMEs) in textiles, leather, chemicals, handicrafts, jewelry, and more. These industries will benefit significantly from enhanced trading conditions, ultimately supporting the PM's vision of bolstering India's economic landscape through increased global trade relationships. Furthermore, he addressed the significance of modernizing the defense budget to meet current challenges, underlining the government's commitment to strengthening defense capabilities.

The narrative presented by Modi not only underscores India's strategic economic positioning but also the government’s initiatives in facilitating trade and modernizing sectors crucial for national security. This underscores India's ambition to not just expand its economic footprint but also become a reliable partner on the global stage, reflecting sustained growth and development driven by stable governance.