PM Modi Highlights India’s 7.8% Growth Amid ‘Economic Selfishness
Rapid Summary
- US Tariffs on Indian Goods: US President Donald Trump imposed 50% tariffs on Indian imports to promote his “Make america Great Again” agenda. In August, additional 25% duties were announced due to India’s Russian oil purchases. India termed these tariffs as “unjustified.”
- India’s Economic Growth: Prime Minister Narendra Modi highlighted India’s resilience amidst global economic challenges during Semicon India 2025 in delhi. He cited india’s April-June GDP growth of 7.8%, the highest in five quarters, outpacing previous expectations.
- Semicon India Event: PM Modi emphasized global trust in India’s semiconductor future and received the first made-in-India chips during the event.
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