According to ASSOCHAM, under the leadership of Prime Minister Narendra Modi, the country will reach new heights by maintaining the fastest growth rate among the major economies of the world.

ASSOCHAM President Sanjay Nair said that PM Modi has rekindled the national resolve to become the third largest economy.

ASSOCHAM looks forward to the upcoming regular budget of the new government, which will serve as a clear indicator of the policy directions and priorities of the NDA government.

According to the Confederation of Indian Industry (CII), the new government is likely to initiate the next phase of reforms to make the most of global opportunities and build on the strong fundamentals of the Indian economy.

According to CII President Sanjeev Puri, this is an important moment for the country and Indian industry is keen to work with the government to further accelerate the country's growth journey.

Federation of Indian Chambers of Commerce and Industry (FICCI) President Anish Shah said the NDA's third consecutive term paves the way for continuity in the reform agenda.

Shah said, as India is poised to become the third largest economy globally, a stable government at the Center will further strengthen the economic outlook and help us achieve this feat in the next few years.