India will aim to become a developed nation within 25 years, Prime Minister Narendra Modi said in a national day address on Monday, with policies to support domestic production in power, defense and digital technology.
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Speaking from the 17th century Red Fort in Delhi as India celebrates its 75th year of independence from British colonial rule, Modi encouraged youth to "aim big" and give their best years for the cause of the country.
"We must turn India into a developed country in the next 25 years, in our lifetime," said the 71-year-old Modi, wearing a turban in the colors of the Indian flag, in his 75-minute-speech in Hindi. "It's a big resolution, and we should work towards it with all our might."
India is the world's sixth-largest economy and is expected to grow at over 7% in the current fiscal year ending in March 2023 – the fastest among major economies.
