Vice President CP Radhakrishnan on Friday asserted that India aspires to play a leading role in the emerging global economic order, which is currently facing geopolitical uncertainties and technological disruptions.
He was addressing the valedictory session of the 31st edition of the CII Partnership Summit in Visakhapatnam, Andhra Pradesh.
The Vice-President appreciated the remarkable development achieved by Andhra Pradesh under the leadership of state Chief Minister, N Chandrababu Naidu.
He noted that the State had attracted 714 investment projects worth over Rs 22 lakh crore since June 2024, reflecting strong investor confidence and economic momentum.
He added that Andhra Pradesh's Swarna Andhra 2047 vision aligned with Prime Minister Narendra Modi's Viksit Bharat 2047 vision.
Investments in green energy, artificial intelligence, semiconductors, quantum technology, ports, aerospace and advanced manufacturing are positioning Andhra Pradesh as an emerging industrial and innovation hub, the Vice President said.
Referring to the theme of this year's Summit, 'Navigating the New World Order - Trade, Technology and Trust', the Vice President observed that "geopolitical uncertainties, technological disruptions, climate change and evolving supply chains were reshaping the global economy."
However, he observed that every period of uncertainty also presented new opportunities. Nations demonstrating adaptability, innovation and trusted partnerships would be best placed to shape the future.
Radhakrishnan expressed confidence that India, under the leadership of Prime Minister Narendra Modi, was moving firmly towards becoming a developed nation by 2047.
Emphasising India's growing economic strength, young and skilled workforce, vibrant entrepreneurial ecosystem and expanding manufacturing and services sectors, he said that India aspired not merely to participate in the emerging global economic order but to play a leading role in shaping it.
The Vice-President highlighted the transformative potential of artificial intelligence, semiconductors, quantum computing, biotechnology, advanced manufacturing and digital platforms.
He stressed that Atmanirbhar Bharat should not be understood as turning inward, but as building domestic capabilities, enhancing competitiveness and integrating more deeply with global markets.
Radhakrishnan called for a collective national endeavour towards Viksit Bharat 204.
He emphasised that the responsibility of building a developed India could not rest with the Government alone and rather required the active participation of industry, academia, entrepreneurs, young people and international partners.
Concluding his address, the Vice-President called upon stakeholders to move from dialogue to action, from opportunity to achievement, and from partnership to shared prosperity.
Andhra Pradesh Governor S Abdul Nazeer; Chief Minister N Chandrababu Naidu; Union Minister for New and Renewable Energy, Food and Consumer Affairs, and Education, Pralhad Joshi; and Union Minister for Civil Aviation, Kinjarapu Ram Mohan Naidu were present. Andhra Pradesh Ministers Nara Lokesh and T G Bharath were present.