Airtel Chairman Sunil Bharti Mittal has called on Indian businesses to significantly increase domestic capital expenditure and cut dependence on imports, stressing that it is the right time to “invest and double down in our own country” amid rising global economic uncertainty. He made these remarks while receiving the CII President’s Award for Lifetime Achievement, which recognised his long-standing leadership, contribution to India’s economic development, and nation-building efforts. Speaking at the CII Annual Business Summit 2026, Mittal acknowledged global challenges, including the ongoing Middle East crisis, but maintained that India’s economic growth trajectory remains strong.

He noted that India has been growing at 6–7% annually and described overall conditions as positive, while also pointing out that certain global developments remain beyond control. Outlining key priorities for industry, Mittal urged a shift away from excessive gold imports, a focus on reducing energy costs, and faster adoption of renewable energy. He also encouraged companies to “vote with their feet” by investing more within India.

Referring to Airtel’s own strategy, he highlighted that the company invested around ₹31,000 crore in capex in FY2024–25, along with an additional ₹7,000 crore through its tower business, and said investment levels are expected to keep rising. He emphasised that strong underlying demand makes this the right time for continued investment. Mittal described India as a large and youthful consumer market and urged businesses to manufacture and serve more within the country under the “Make in India” vision.

He also spoke about the role of industry bodies like CII, calling it an important platform that works closely with policymakers. He noted his family’s long association with such organisations and encouraged young entrepreneurs to take leadership roles, saying that the government values input from industry chambers in shaping policy. Concluding his remarks, Mittal said his recognition was possible due to institutional support during his business journey and emphasised that industry must actively contribute to strengthening India’s economic resilience and supporting national growth goals.