India Inc expects reforms agenda to continue under coalition govt | Mumbai News – Times of India



Mumbai: The country’s top industrialists Mukesh Ambani, Gautam Adani, Kumar Mangalam Birla and Ashok Hinduja attended the swearing-in ceremony of PM Narendra Modi and his Cabinet at Rashtrapati Bhavan in Delhi on Sunday. Several business leaders took to X and congratulated Modi for becoming the PM for the third time.
Mahindra Group chairman Anand Mahindra wrote on X: “Hope the new term will prove to be important for the development and prosperity of India.”
Microsoft co-founder Bill Gates said “You have strengthened India’s position as a source of innovation for global progress in sectors like health, agriculture, women-led development, and digital transformation.Look forward to a continued partnership to enhance the lives of people across India and the world.” Industry expects Modi, under the coalition govt, to continue with his reform agenda as he looks to lift India’s global standing.
Gautam Adani’s wife and chairperson of Adani Foundation, Priti Adani posted on X: “Under your able leadership, the country has touched new heights of progress in the last 10 years. And we are confident that in the coming years your ‘Developed India’ campaign will move forward at double the speed.”
JSW Group chairman Sajjan Jindal said on X: “With the new Cabinet, I’m optimistic about the continued progress and development of our nation. Together, let’s build a stronger and more resilient economy.”
While Modi will continue to focus on infrastructure, manufacturing and technology, contentious policy reforms could be delayed as his coalition partners are unpredictable as well as the emergence of a strong opposition, according to analysts.
Essar Capital director Prashant Ruia said he is looking forward to “continued transformation and growth under your (Modi’s) leadership to realise the vision of #ViksitBharat2047”.
Banker Uday Kotak and Piramal Group chairman Ajay Piramal were also present at the event. Next-generation leaders like Anant Ambani and Karan Adani too attended the ceremony.
Anil Agarwal of Vedanta said: “Bharat has crossed many milestones under your visionary leadership. We are confident that the country will continue on its remarkable growth trajectory.”
PwC India chairperson Sanjeev Krishan expects govt will prioritise allocation of resources on research and development to bolster India’s innovation landscape, collaborate with industry and academia to build regulatory frameworks to transform technologies and will move sustainability from a risk-protocol to a strategic opportunity. Industry body Ficci said it is looking forward to progressive policies that will foster economic and social development.

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