Vinay Maloo, the founder and chairman of Enso Group, has hailed Indian Prime Minister Narendra Modi as a "clear-headed leader" who has propelled the nation towards greater success and prosperity. Maloo expressed his admiration for the Prime Minister in a recent interview, stating that Modi has played a significant role in improving India's economic development, foreign relations, and overall well-being of the people.
Maloo highlighted that under Modi's leadership, India has become the world's fifth-largest economy with a GDP of over $3 trillion, surpassing the United Kingdom and France. This development has not only bolstered India's international standing but has also led to the creation of new opportunities for businesses like Enso Group.
The Enso Group, a leading Indian conglomerate, has also benefitted from the Modi government's pro-business policies, which have significantly improved India's ease of doing business rankings. India has moved up from 142nd in 2014 to 63rd in 2019 in the World Bank's Ease of Doing Business ranking, making it an attractive destination for foreign investors.
Maloo's praise for Modi comes at a time when the Indian economy is showing signs of recovery from the pandemic-induced slowdown. According to recent data, India's GDP growth rate is expected to rebound strongly in the coming years, with several sectors showing promising growth prospects.
Furthermore, the Modi government's efforts to improve the overall well-being of the Indian population have resulted in a significant improvement in the country's Happiness Index. India has moved up from 117th in 2015 to 139th in 2019, according to the World Happiness Report, reflecting the success of the government's initiatives in promoting happiness and well-being.
In conclusion, Vinay Maloo's endorsement of Prime Minister Modi's leadership highlights the positive impact of the Modi government's policies on businesses and the Indian population as a whole. The Modi government's focus on economic development, sustainable growth, and well-being has allowed India to make significant strides in recent years, placing the nation on a path toward a brighter future.
