‘Invest More In R&D To Drive Viksit Bharat’s Next Leap’: PM Modi To Private Sector | India News
Last Updated:February 15, 2026, 18:51 IST In an interview to PTI, the Prime Minister said that Budget 2026 reflects India’s yearning to become a “developed nation”. Prime Minister Narendra Modi (IMAGE: X) Prime Minister Narendra Modi on Sunday said that the private sector must focus less on protecting profit margins and invest more aggressively in R&D, supply chains and quality. In an interview with news agency PTI, he said that private sector is critical for next phase of economic transformation, requesting ‘decisive response’ from them. The Prime Minister also said that Budget 2026 reflects India’s yearning to become a “developed nation”. “Budget not a ‘now or never’ moment born out of compulsion but a ‘we are ready’ moment born out of preparation, inspiration,” he said. He further said that India’s national character has stood out even during challenging times, with the country emerging as a bright spot of growth amid difficult global circumstances. “Our national character has revealed itself even in challenging times; we are bright growth spot in difficult global circumstances,” PM Modi said. …
