Manmohan Singh: Industry bodies, industrialists remember former PM as architect of India's economic liberalisation

Industry bodies and prominent industrialists mourned the death of former Prime Minister Manmohan Singh and described him as the architect of India's economic liberalisation who was instrumental for path-breaking reforms across all areas of the economy.

Chandrajit Banerjee, Director General, CII said, "CII deeply mourns the passing of Manmohan Singh...An erudite, experienced leader and analytical thinker, he conceptualized India's economic resurgence with path-breaking reforms across all areas of the economy."

With his visionary leadership, he set India on a new journey of growth, all-round development and global engagement, Banerjee added.



Remembering Singh as a brilliant economist and statesman, industry body FICCI said he played a pivotal role in shaping the country's economic destiny.

"Under his leadership as Finance Minister and later as Prime Minister, India witnessed unprecedented economic growth and emerged as a global economic powerhouse," it said.


Engineering exporters' body EEPC India's Chairman Pankaj Chadha described Singh as a man of exceptional caliber who unleashed economic reforms that catapulted India into a different league.

"Singh's relentless efforts put the Indian economy on a strong footing. His series of policy measures took India out of the fiscal crisis and ushered in a phase of high growth and prosperity. The economic boom that followed the reforms significantly improved the purchasing power of the common man and saw the emergence of a growing middle class," he stated.

N Chandrasekaran, Chairman ,Tata Sons said Singh was a starwalt who had a vision for new, liberalised India.

“We mourn the passing away of former Prime Minister Dr. Manmohan Singh, one of the stalwarts who envisioned a new, liberalised India that is taking its rightful place in the world. Dr. Singh will always be remembered for his visionary thinking and deep insights while always being humble and upholding his personal values. His inspiring leadership earned him respect across the world," Chandrasekaran said.

Sajjan Jindal, Chairman, JSW Group, termed Singh as a visionary leader and a person filled with humility and wisdom.

“Deeply saddened by the passing of Dr. Manmohan Singh ji, former Prime Minister of India and the visionary leader behind India’s economic liberalization. A statesman of humility and wisdom-India owes him a debt of gratitude,” Jindal said.