Technology, Data, Knowledge and Innovation Are Powers in Today’s World: PM Modi at New Economy Forum

October 13, 2026

New Delhi: Prime Minister Narendra Modi on Tuesday highlighted the growing importance of technology, data, knowledge and innovation in shaping the global economy, addressing the Bloomberg New Economy Forum in New Delhi. The forum, being held in India for the first time, brings together global political leaders, business executives, investors and innovators to discuss emerging economic and geopolitical challenges.

Modi’s remarks came as India seeks to strengthen its position as a global destination for investment, technological development and innovation. The eighth edition of the Bloomberg New Economy Forum is being held in New Delhi from October 13 to 15, 2026.

PM Modi Highlights India’s Role in the New Economy

The Prime Minister’s address focused on the changing sources of influence in the global economy, with technology, data and innovation playing an increasingly important role in economic growth and international competitiveness.

The forum’s theme, “A World in Play: Defining the New Levers of Power,” centres on how changes in geopolitics, technology, energy, investment and global supply chains are reshaping the world economy.

The gathering provides a platform for policymakers and business leaders to exchange views on investment opportunities, economic transformation and cooperation in a rapidly changing global environment.

Bloomberg New Economy Forum Comes to India

The 2026 edition marks the first time the Bloomberg New Economy Forum is being hosted in India. More than 500 public- and private-sector leaders are expected to participate in discussions on global economic challenges and opportunities.

The event brings together heads of state and government, business executives, financial leaders, technology founders and investors. Discussions are expected to cover areas including technological advancement, energy, critical minerals, investment and the future of global trade.

India’s hosting of the forum highlights its engagement with international businesses and investors at a time when technology and innovation are becoming central to economic development.

Technology and Innovation in India’s Growth Strategy

India has increasingly emphasised digital infrastructure, technological development and innovation as important drivers of economic growth. The government has also highlighted the role of startups, digital services and emerging technologies in expanding opportunities for businesses and citizens.

The forum offers an opportunity for India to engage with global decision-makers on investment, innovation and the economic changes likely to shape the coming years.

With technology and data increasingly influencing industries and international competition, the discussions in New Delhi are expected to contribute to wider conversations about the future of the global economy.