India Marches Ahead Amid Global Turmoil: BJP’s Gopal Krishna Agarwal Highlights Robust Economic and Defence Growth

New Delhi, (May 23, 2025): Addressing a press conference at the BJP headquarters in New Delhi, BJP National Spokesperson Gopal Krishna Agarwal asserted that despite global uncertainties—from tariff wars to geopolitical tensions—the Indian economy remains resilient and on a strong growth trajectory.

He emphasized that three pillars define a nation’s global standing: economic strength, defence capability, and diplomatic engagement. “In the last ten years, India has not just met these parameters—it has excelled,” Agarwal said.

Citing Public Sector Undertakings (PSUs) as a case in point, he noted the dramatic transformation under the Modi government. “Earlier seen as liabilities, PSUs are now driving capital expenditure, showing strong market performance and profitability—especially in sectors like banking and defence,” he said.

On the defence front, Agarwal highlighted the role of indigenous technology and equipment in bolstering national security. “During Operation Sindoor, our systems like BrahMos and aircraft like Tejas performed admirably and have gained global respect,” he added.

He also touched on the strategic shift in global trade dynamics post-COVID and amid ongoing tariff wars. “Many nations now recognise the risks of over-dependence on China. India, with lower tariffs and proactive bilateral treaties, is emerging as a preferred alternative,” he said.

The spokesperson proudly noted that India has reduced its defence imports significantly—from over 90% to less than 35%—and is now an emerging global exporter of defence equipment.

Responding to concerns about the economic implications of Operation Sindoor, Agarwal dismissed fears of domestic fallout. “India had minimal trade with Pakistan, so our economy remains unaffected. On the other hand, as PM Modi stated, Pakistan’s already fragile economy will further weaken.”

In a sharp contrast with global economic instability, he pointed to the alarming fiscal deficit in the United States. “India, by comparison, continues on its path of fiscal consolidation, honouring its economic targets and ensuring responsible governance,” Agarwal concluded.

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