Speaking at a public gathering in Varanasi on Saturday, Prime Minister Narendra Modi emphasized the need for India to safeguard its economic interests in an increasingly unpredictable global environment. His remarks, although indirect, appeared to counter former U.S. President Donald Trump’s recent claim that India’s economy was “dead.”
Without naming Trump directly, Modi underscored India’s resilience and trajectory, stating that the country is on track to become the world’s third-largest economy. He highlighted that, in a world where nations are prioritizing their own gains, India must do the same to protect its long-term ambitions.
“In a time of worldwide uncertainty, countries are acting in self-interest. India too must remain vigilant as it advances toward becoming the third-largest economy,” Modi said.
The comments follow Trump’s announcement of a 25% tariff on Indian goods and his criticism of India’s ongoing trade ties with Russia, signaling possible further economic measures.
During his speech, the Prime Minister reiterated the importance of strengthening domestic industry. He renewed his push for the ‘vocal for local’ initiative, encouraging citizens to support Indian-made products.
“We must commit to using goods made by our fellow Indians. Being vocal for local is not just a slogan — it’s a responsibility,” he told the crowd.
Calling for a united front regardless of political allegiance, Modi urged all parties to rally behind the mission of economic self-reliance and ‘swadeshi’ development. “Anyone who wants to see India reach new economic heights must put aside divisions and support our domestic industries,” he said.
Reaffirming his administration’s focus, Modi stressed that the welfare of farmers, small businesses, and young job-seekers remains central to his government’s policies.
“Our primary concern is the well-being of farmers, small-scale enterprises, and creating jobs for the youth. The government is working tirelessly, but every citizen has a role to play,” he added.
Addressing entrepreneurs and business leaders, Modi called on them to lead the charge by prioritizing locally-produced goods in their operations, especially in light of international disruptions.
“I urge the business community to stand firm with the nation and promote Indian products, especially during these uncertain times,” he said.
Earlier that day, the Prime Minister inaugurated and launched a series of infrastructure developments worth ₹2,200 crore in Varanasi. The projects included road upgrades, railway overpasses, and enhancements to urban and rural transit networks — part of ongoing efforts to transform the city, which Modi has represented in Parliament since 2014.
