New Delhi, Jun 9 (PTI) Congratulating Prime Minister Narendra Modi for taking oath for the third time on Sunday, India Inc said it looks forward to "bolder reforms" and measures to foster economic development and lay the foundation for 'Viksit Bharat'.

Narendra Modi was sworn in as Prime Minister at the Rashtrapati Bhavan here, becoming only the second PM after Jawaharlal Nehru to secure a third consecutive term.

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"Congratulations to Narendra Modi ji for becoming the Prime Minister for the third time. Hope the new term will prove to be important for the development and prosperity of India," Mahindra Group Chairman Anand Mahindra said in a post on X.

FICCI President Anish Shah said the third consecutive term for the NDA paves the way for continuity in the reform agenda.

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"We look forward to progressive policies and measures that will foster economic and social development and build a strong foundation for 'Viksit Bharat'," Shah said.

"With your taking oath as the Prime Minister for the third term India Inc is feeling confident that leadership of the country will be steered to greater heights, maintaining the fastest pace of growth amongst the major economies of the world," Assocham Secretary General Deepak Sood said in his congratulatory message to PM Modi.

He said the Indian industry and global investors are feeling reassured of fast and bolder reforms well beyond the economy, touching upon wider governance, quality and ease of living and leveraging upon the aspirational young population.

Sanjeev Krishan, Chairperson, PwC in India, said the incoming government shoulders the task of shaping the economic and social destiny of the world's most populous and young democracy.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)