The prime minister says leading global economies are eager to partner with New Delhi

The new world order is tilting toward India as geopolitical instability grows, Indian Prime Minister Narendra Modi has said.

India has become a trusted partner and friend to many nations, contributing shoulder to shoulder to global welfare, Modi stated in the Rajya Sabha, the upper house of Parliament, on Thursday.

This comes just days after the US announced a trade deal with India, following a similar deal finalized with the EU by New Delhi last month.

"India has become the strong voice of the Global South on international platforms and is entering into 'future-ready trade deals' with major countries," the prime minister said.

Nine trade agreements have been signed recently by India, including the "Mother of all Deals" with the EU in January involving 27 countries, Modi told MPs.

India is among the world's fastest-growing major economies, and is poised to become the third largest with a projected GDP of $7.3 trillion by 2030.

The nation is currently witnessing a rare confluence of favorable circumstances, Modi said. "While the richest nations of the world are aging, India is simultaneously reaching new heights of development and becoming increasingly youthful, a nation with a growing young population."

India has the largest young population in the world, with nearly 65% of the people under 35, according to official figures.

The world's attraction towards India has grown significantly, with global recognition of India's talent pool, Modi said.

India's Economic Survey projects growth of 7.4% in financial year 2026 and estimates growth of 6.8% to 7.2% in 2027. IMF data suggests that India and China will be the biggest contributors to global real GDP growth in 2026, ahead of the US.

India is focusing on critical minerals and rare-earths, which have become geopolitical weapons, to ensure that it never has to extend its hand to others, Modi said.

New Delhi backs the Forum on Resource Geostrategic Engagement initiative, and has been working to strengthen supply chain resilience through initiatives such as the National Critical Minerals Mission and Rare Earth Corridors, Foreign Minister S. Jaishankar said on Wednesday.

"Countless projects of India are attracting foreign investment because the world now sees its future in India's land, trusts India's talent, and connects its own bright future with India's promising path," he added.

In April-November 2025, gross FDI inflows strengthened to $64.7 billion, compared with $55.8 billion in April-November 2024.