Mantra of 'Power to Empower', India's stake in world's new economy... PM Modi said this big thing in the 2026 Bloomberg New Economy Forum.
The world is facing economic uncertainty, wars, energy shortages, supply chain disruptions and growing competition in technology. Against this background, Prime Minister Narendra Modi presented his vision for India at the 2026 Bloomberg New Economy Forum, highlighting the idea of “Power to Empower.” The message is simple: the real strength of technology, knowledge and resources lies in using them to improve people’s lives.
Technology Must Benefit Everyone
Artificial intelligence (AI), digital services and data are becoming important drivers of economic growth. India has an opportunity to use these technologies to benefit farmers, students, women, small businesses and rural communities. However, better internet access, digital literacy, data protection and support for workers affected by automation remain essential.
India’s digital public infrastructure and platforms such as CoWIN have also demonstrated how technology can support public services. Sharing these experiences with other countries could strengthen India’s role as a partner in digital development.
Startups and Small Cities
Modi highlighted the expansion of India’s startup ecosystem since 2014, noting the growing participation of entrepreneurs from smaller cities and women-led businesses. Startups can create jobs, encourage innovation and offer young people opportunities to build their own enterprises.
However, their success should not be measured by numbers alone. Access to finance, skilled workers, markets and long-term business sustainability are equally important.
Building Global Trust
Changes in global trade and supply chains offer India an opportunity to attract investment and expand manufacturing. Its large domestic market, young workforce and digital capabilities can support this ambition. Yet, better infrastructure, skill development, energy security and stable policies will be necessary to realize this potential.
Ultimately, “Power to Empower” must translate into tangible results. India’s economic strength will depend not only on technological progress and investment but also on how widely their benefits reach. Creating sustainable jobs, expanding opportunities and building trust with global partners will determine whether this vision becomes a lasting reality.