NEW DELHI, June 4 (H.S.): Union Minister of State for Commerce and Industry Jitin Prasada on Thursday said that despite global uncertainties, India continues to remain one of the fastest-growing major economies in the world.

He added that under the leadership of Prime Minister Narendra Modi, the country has adopted a long-term vision focused on strengthening trade, manufacturing, innovation, and technological capabilities.

Prasada made these remarks while addressing the inaugural session of the Global Business Research Conference (GBRC) 2026 at the Indian Institute of Foreign Trade (Indian Institute of Foreign Trade) in New Delhi. He noted that advances in areas such as artificial intelligence, semiconductors, and global trade partnerships reflect India’s expanding role in the international economy. IIFT is a deemed university under the Ministry of Commerce and Industry, Government of India.

Addressing the gathering, he acknowledged the significant contribution of institutions like IIFT in generating research-based insights, preparing future business leaders, and integrating India with global markets. He expressed confidence that discussions at GBRC 2026 would produce valuable insights and recommendations that could contribute to policymaking and India’s economic growth.

According to the Ministry of Commerce and Industry, the conference is centred on the theme “Managing Trade Amid Global Turbulence” and has brought together leading academics, policymakers, management educators, researchers, and industry experts from India and abroad to deliberate on emerging challenges and opportunities shaping the global business environment.

The ministry added that the event will conclude on June 5 with a valedictory session featuring the presentation of the conference report, addresses by distinguished guests, and an award ceremony recognising outstanding research contributions.

Awards will be presented across multiple categories, including best research paper in thematic areas, overall best research paper, best poster presentation, and best doctoral colloquium paper.

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Hindusthan Samachar / Jun Sarkar