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Narendra Modi turns his focus to reforming India’s economy

Emboldened by political victories at home and facing high US tariffs, PM is preparing to embark on ‘big bang’ overhaul

India’s Prime Minister Narendra Modi gathered legislators from his ruling coalition in the halls of parliament this month to tell them to prepare for a “reform express” drive.

A few weeks later, lawmakers have wrapped up one of India’s busiest legislative sessions in years, as Modi has followed a string of domestic political successes by turning his attention to a spate of measures aimed at India’s fast-growing economy.

The country’s parliament approved proposals to remove limits on foreign direct investment in insurance and open the nuclear power sector to private players, while the government had earlier announced an overhaul of India’s customs duty regime.

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