UK Prime Minister Rishi Sunak emphasized India's emergence as an 'economic superpower' while committing to fostering a vibrant, forward-thinking economy driven by technological advancement.
Asserting that the upcoming five years will witness more transformation than the past three decades, Sunak, speaking on security at the Policy Exchange think-tank, outlined a strategic roadmap and innovative initiatives to secure a prosperous future for Britons.
He highlighted the great influence that 'new and fast-growing economic superpowers' like India, Indonesia, and Nigeria are having in the reshaping of the global economic order.
Sunak underscored a need for strategic and economic preparedness, including increased national resilience, as a means of negotiating the existing era of political instability.
Later this year, the UK is likely to have elections. Since 2010, the country has had five Conservative prime ministers.
Sunak was merely highlighting the Indian economy's tenacity in averting the perils of the world economy's recent downturn, which included the aftermath of COVID-19.
Following discussions with Finance Minister Nirmala Sitharaman in Delhi in September, Jeremy Hunt, the UK's Chancellor of the Exchequer, had stated, "I see India as Asia’s Silicon Valley and the UK as Europe’s Silicon Valley, so there’s a lot we can work on together."
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