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Industry Inc. congratulates Modi for his consecutive third term

Industry leaders have congratulated Narendra Modi as he returned as PM for third straight term.

“Congratulations @narendramodi on your victory in the world’s largest democracy! Looking forward to my companies doing exciting work in India,” Elon Musk posted on his official X handle.

“COAI welcomes the formation of the new government , which will steer the next growth phase and strengthen the continuity in policy and reforms. The previous government was instrumental in implementing critical structural reforms for the telecom Industry, a lifeline for the digital economy to function and grow. We look forward to working with the new government, alongside all our stakeholders, to fulfill our nation’s aspirations and work towards building a digital society that will pave the way for a developed Bharat.” Lt. Gen. Dr. S.P. Kochhar, DG, COAI.

“With the new government, the private industry in India is yet again excited with the prospects that the future holds for us as it will give unique leverage to Indian startups and companies to innovate and excel in the emerging landscape of space. For forming a strong bedrock for India’s thriving space industry, initiatives like the new Space Policy, the setting up of IN-SPACe, and reforms like new FDI regulations have already given much-needed kickstart to the industry. We really look forward to the continuity of policy reforms and further momentum towards ironing the remaining bottlenecks to enable the private space industry to take on more responsibility in building and supporting India’s contribution to the global space economy.” Lt. Gen. AK Bhatt (retd.), Director General, Indian Space Association (ISpA).

“The formation of the new government is a significant milestone for India as it brings continuance on focus on development. We share the vision of the government and will continue to work towards growing the electronics supply chain in India, including design capabilities, a process which we have initiated in the last few years to create an Atma Nirbhar Bharat in the coming years.” A. Gururaj, Managing Director, Optiemus Electronics.

“The government has proactively promoted the adoption of innovative technologies to create significant societal and economic impact. We believe MediaTek’s collaboration with Indian OEMs, and our continuous investment in R&D will lead to significant advancements. This, in turn, will strengthen economic growth and support government initiatives like India AI Mission, PLI Scheme, Digital India, and Make in India. India remains a key market for us, and MediaTek is committed to investing in local talent and scaling up our R&D capabilities to drive innovation for India and the global markets.” Anku Jain, Managing Director, MediaTek India.

CT Bureau

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