NEW DELHI, Feb. 14 -- Prime Minister Narendra Modi said Friday that reforms, whether implemented through the annual budget or outside it, are gaining momentum, positioning India to drive global growth and emerge as the world's new economic engine.

Speaking at the ET Now Global Business Summit 2026, Modi said the FY27 budget, with its emphasis on capital expenditure and technology, has further accelerated the "reform express". Union budgets have become more outcome focused, he said.

"Today's India is confident, globally competitive, and has built a strong manufacturing ecosystem over the past eleven years," an official statement quoted Modi, while highlighting the government's push to liberalize trade through new free trade agreements. ...