📷 Image: Wikimedia Commons / Ministry of Heavy Industries and Public Enterprise
Business
India Celebrates 35 Years of Economic Liberalisation, Chennai Emerges as Global Hub
✍️ Business Standard
🗓 14 Aug 2026, 11:38 AM
👁 26
India marks the 35th anniversary of its economic liberalisation, highlighting Chennai's rise as a global business hub.
India celebrated the 35th anniversary of its economic liberalisation on Tuesday, marking the landmark reforms that began in 1991 and opened the country’s markets to global trade and investment.
The reforms have lifted India’s GDP, attracted foreign direct investment and turned the nation into a key player in global supply chains.
Chennai, once known as the "Detroit of Asia" for its automotive industry, has diversified into information technology and services, establishing itself as a global business hub.
Government officials highlighted success stories and outlined plans to sustain growth and deepen integration with the world economy.
The reforms have lifted India’s GDP, attracted foreign direct investment and turned the nation into a key player in global supply chains.
Chennai, once known as the "Detroit of Asia" for its automotive industry, has diversified into information technology and services, establishing itself as a global business hub.
Government officials highlighted success stories and outlined plans to sustain growth and deepen integration with the world economy.