Prime Minister Narendra Modi today said that India has emerged as a “new ray of hope” on the global stage and is seen as a stable milestone, a trusted friend, and an engine of development in the global economy. He also said that with the rapidly changing global scenario, India is moving forward as the “world’s friendliest nation”. Speaking at the inauguration of the 10th edition of the Vibrant Gujarat Global Summit, Modi said that all major rating agencies believe that India will become the world’s third-largest economy in the next few years. This summit is being attended by top executives of leading global companies and heads of several countries. The Prime Minister said that India is a friend on whom trust can be placed, a brotherly nation that believes in inclusive development and a source of inspiration for people.