Sunil Bharti Mittal Calls on Industry to Increase Investments and Support India’s Growth Amid Global Challenges

Sunil Bharti Mittal emphasized the need for Indian industry to step up investments, strengthen domestic manufacturing, and support the country’s economic momentum amid ongoing global uncertainties and geopolitical challenges.

Speaking at a Confederation of Indian Industry (CII) event, Mittal expressed gratitude for the recognition he received and highlighted the important role played by industry chambers such as Confederation of Indian Industry in shaping policy frameworks and supporting national development through collaboration between industry, government, and stakeholders.

Reflecting on his family’s long association with industry bodies, Mittal noted that all three brothers had contributed to national service through leading business chambers, with his brother Rakesh Bharti Mittal serving as CII President and another brother associated with Federation of Indian Chambers of Commerce & Industry (FICCI). He encouraged young entrepreneurs and business leaders to actively participate in industry chambers and contribute to policy development and nation-building initiatives.

Addressing the current global economic environment and tensions in the Middle East, Mittal said India, despite maintaining strong annual growth of 6–7%, could not remain insulated from global economic pressures. Referring to the Prime Minister’s recent remarks, he stressed the need for industry to play a meaningful role in supporting economic resilience.

Mittal called on businesses to reduce dependence on gold imports, lower energy costs, accelerate the transition toward renewable energy, and increase domestic spending and capital expenditure within India.

Highlighting investments by Bharti Airtel, he said the company invested approximately ₹31,000 crore in capital expenditure during 2024–25, with an additional ₹7,000 crore invested through its tower subsidiary. He added that investments increased further in 2025–26 and are expected to continue rising in the current financial year.

He urged Indian industry not to shy away from investments during challenging times, emphasizing that India’s strong consumer base, young population, and growing demand continue to provide significant long-term opportunities.

Mittal concluded by encouraging businesses to focus on “Make in India” and strengthen domestic manufacturing and services for Indian consumers.