As Narendra Modi assumed office as the Prime Minister of the country, India Inc said that it looks forward to revival of the economy.

In a statement, CII President Ajay Shriram said, “The Prime Minister’s stress on growth and development has translated into an unequivocal mandate for change, and industry looks forward to a new era of reform and liberalisation of the Indian economy.”

He added that at the current juncture it is vital to revive the pace of GDP growth, bring down inflation, and create new jobs on a large scale.

Sidharth Birla, President, FICCI, in a statement said, “We look forward to an era of renewed trust and governance that will inspire enterprises and youth in meeting societal needs and aspirations….Building business confidence, creating job-enabling environment, mitigating food inflation and improving nutrition and sanitation, should be top priorities for the government. A collective resolution of these would help restore economic glory as much as bringing social stability and inclusiveness.”

Sunil Bharti Mittal, Chairman, Bharti Enterprises, said the new Council of Minister carries a judicious balance of youth and experience. “The entire country is excited about the new government and it’s ability to deliver under the leadership of Narendra Modi. I expect the new Government to bring back the economic momentum through its decisiveness and speed on the issues of reforms and governance,” he added.

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