Indian companies should increase investments: PM Modi
Prime Minister Narendra Modi on Friday asked the industry to come forward with investment and innovation, and exhorted financial institutions to help them with practical solutions and strengthen market confidence in a post-budget webinar on ‘Technology, Reforms and Finance for Viksit Bharat.’
Calling the national budget a long-term policy roadmap instead of a short-term trading document, the PM said every budget serves as a step toward the larger goal of “constructing a developed India by 2047.”
The Prime Minister noted that the country is currently “riding on the Reform Express” due to conviction-driven reforms implemented over the last decade. He highlighted how the government has increased public capex from Rs 2 lakh crore 11 years ago, to over Rs 12 lakh crore in the Union Budget 2026-27.
This high capex allocation is a signal to the private sector to come forward with new vigour, Modi said, adding that the industry should take advantage of all the 2026-27 Budget announcements.
“India Inc should come forward with fresh investment, innovation; financial institutions should help design practical solutions and improve market confidence,” said the Prime Minister.
PM Modi said when government, industry and knowledge partners come together, “reforms translate into results”, and “announcements on paper turn into achievements on the ground”. He noted that the budget decisions regarding infrastructure expansion, ease of doing business, and transparency in governance provide permanent strength to the national economy.
PM Modi called for more innovation in financing models and stronger collaboration in emerging sectors. Discussing the financial sector, the Prime Minister detailed efforts to make foreign investment framework more predictable and investor-friendly.