Story perspectives

Modi touts 7.8% growth, $700B reserves at Bloomberg forum

By Drooid · Oct 13, 2026, 11:08 AM UTC · How we work

Center

Growth validates partnership

Prime Minister Narendra Modi addressed the Bloomberg New Economy Forum in New Delhi on 13 October 2026.
The speech portrayed India’s rapid growth, large reserves, expanding renewables and reforms like GST as evidence it is a stable, trustworthy partner.
GDP grew 7.8% in the April-June quarter and reserves topped $700 billion.
Renewable capacity rose from about 75 GW in 2014 to roughly 300 GW, adding over 30 GW solar.

Right

CoWIN model demonstration

Prime Minister Narendra Modi addressed the Bloomberg New Economy Forum in New Delhi on 13 October 2026.
The speech emphasized that technology, data and open-source digital platforms should empower millions and be shared with other nations.
He said India is sharing Digital Public Infrastructure expertise to help countries build digital systems.
The open-source CoWIN platform, created during COVID-19, was cited as proof India can empower humanity.

Blindspot

Prime Minister Narendra Modi said India's GDP grew 7.8% in the April-June quarter.
He also noted that renewable-energy capacity increased from about 75 GW in 2014 to roughly 300 GW, with solar schemes adding over 30 GW.
Within this story's sources, this angle appears mainly in Center-leaning coverage and receives less attention in Right-leaning coverage.

History

Historical Context

After the 1991 balance-of-payments crisis, Prime Minister P.V. Narasimha Rao and Finance Minister Manmohan Singh dismantled the Licence Raj, slashing tariffs and opening sectors to foreign investors; foreign investment rose 316.9 % between 1992 and 2005. Building on that momentum, Narendra Modi told the Bloomberg New Economy Forum on 13 October 2026 that India now posts 7.8 % growth, $700 billion reserves and a 300 GW renewable portfolio, positioning the country as a digital-energy hub.

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Growth validates partnership

Prime Minister Narendra Modi addressed the Bloomberg New Economy Forum in New Delhi on 13 October 2026.
The speech portrayed India’s rapid growth, large reserves, expanding renewables and reforms like GST as evidence it is a stable, trustworthy partner.
GDP grew 7.8% in the April-June quarter and reserves topped $700 billion.
Renewable capacity rose from about 75 GW in 2014 to roughly 300 GW, adding over 30 GW solar.

1 / 4