India's Economic Growth at IIFT Conference

Minister of State for Commerce and Industry Jitin Prasada inaugurated the Global Business Research Conference (GBRC) 2026 at the Indian Institute of Foreign Trade. During the conference, Jitin Prasada stated that India remains one of the world's fastest-growing major economies despite global uncertainties, highlighting the country's progress in trade, manufacturing, innovation, and technology, including artificial intelligence and semiconductors. He noted that under Prime Minister Narendra Modi's leadership, India has adopted a long-term vision to strengthen these capabilities. Indian Institute of Foreign Trade Vice-Chancellor Rakesh Mohan Joshi emphasized the importance of research and evidence-based policy inputs in navigating geopolitical developments and technological disruptions. The conference, themed 'Managing Business Amidst Worldwide Turbulence,' features discussions on internationalization strategies, artificial intelligence in management education, innovation, entrepreneurship, global trade, and business competitiveness, with a session dedicated to BRICS economies.