November 13, 2026 7:04 PM

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India not only participates in emerging global economic order but also leads in shaping it: VP Radhakrishnan

 
Vice-President C P Radhakrishnan has called for collective efforts by the government, industry and all sections of society to achieve the goal of Viksit Bharat by 2047. He said India should not merely participate in the emerging global economic order, but play a leading role in shaping it.
 
Addressing the valedictory session of the 31st CII Partnership Summit in Visakhapatnam today, the Vice-President said India’s political stability, economic strength and skilled workforce are creating confidence among global investors. He stressed that India’s growth and prosperity should contribute to the progress and prosperity of the world.
 
Mr Radhakrishnan said artificial intelligence, semiconductors, quantum computing, biotechnology and advanced manufacturing would shape the future economy. He said Atmanirbhar Bharat was not about turning inward, but about strengthening domestic capabilities, enhancing competitiveness and integrating with global markets.
 
Highlighting India’s contribution to global development, he said the country’s young workforce, expanding skill ecosystem and entrepreneurial capabilities had emerged as important assets to the world economy. He cited India’s contribution during the COVID pandemic, when vaccines were provided free of cost to its citizens and extended to more than 100 countries, as an example of innovation serving humanity.
 
The Vice-President said Andhra Pradesh, under the leadership of Chief Minister N Chandrababu Naidu, is emerging as a major gateway for India’s global economic engagement, supported by its 1,053-kilometre coastline, three national industrial corridors and strategic geographical location.
 
He noted that Andhra Pradesh had attracted 714 investment projects worth more than 22 lakh crore rupees since June 2024. He said the state’s vision of Swarna Andhra 2047 was aligned with the national vision of Viksit Bharat 2047. Investments in green energy, artificial intelligence, semiconductors, quantum technology, ports, aerospace and advanced manufacturing are positioning Andhra Pradesh as an important industrial and innovation hub, he added.
Mr Radhakrishnan observed that the present period of global economic uncertainty also offered new opportunities for nations capable of innovation, adaptability and building trusted partnerships. He congratulated the CII, the Union Ministry of Commerce and Industry and the Andhra Pradesh government for organising the summit.
 
The Vice-President called upon governments, industry, academia, entrepreneurs and international partners to translate discussions into concrete outcomes. He urged all stakeholders to work together, grow together and share prosperity in the larger interest of the nation and humanity.