Industry has done a tremendous job in last few years: Rahul Gandhi

Industry has done a tremendous job in last few years: Rahul Gandhi New Delhi: Congress Vice President Rahul Gandhi on Thursday hailed Indian industry for their contribution to the growth of Indian economy.

Speaking at a plenary session on the second-day of Confederation of Indian Industry (CII) meet, Gandhi said that India Inc has done a tremendous job in the last few years in building the image of the country.

"I thank industry for making India talking point abroad. As the energy moved from India and goes abroad, you are the cutting edge, you are the people who tell the world what this is about," he added.

Stressing on the growth potential of the country Gandhi said:" India is bursting with dreams and ideas. The spirit of India has to move forward. We have to channelize the energy of India's youngsters."

"We need better physical structure for India's growth. Corporates must help government build infrastructure," he added.

The annual CII meet is being attended by top business leaders including Bharti Airtel head Sunil Bharti Mittal, Godrej Group Chairman Adi Godrej and Wipro Chairman Azim Premji.

Inaugurating the CII meeting on Wednesday, Prime Minister Dr. Manmohan Singh said that he is confident of achieving eight percent economic growth despite a disappointing performance over the last couple of years.

He also urged captains of Indian industry to correct the investment environment and reflect more carefully on their social responsibilities.

He further said: Five percent growth is clearly disappointing, but added that the current economic downturn is temporary."

Emphasising on the need to restore macro-economic balance in the country, Dr. Singh expressed confidence that India would achieve the fiscal consolidation target.

Dr. Singh also stressed upon the need to tackle weak export performances and the high current account deficit.

The theme for this year's deliberation is "India Tomorrow: Imperatives of Growth, Security and Governance".

ANI