<h1>Emerging Economies Key to Global Growth; Minister Highlights Reforms, Investment Needs, and Infrastructure Challenges at Partnership Summit 2013.</h1> The Union Minister for Commerce, Industry, and Textiles emphasized the critical role of emerging economies as engines of global growth during the Partnership Summit 2013. He highlighted the necessity for sustained economic growth to alleviate poverty and noted the significant progress made by these economies through liberal reforms. The Minister stressed the importance of addressing structural issues and enhancing investment processes. He acknowledged the advantages of emerging markets, such as a growing middle class, innovation, and a demographic dividend. However, he pointed out infrastructure deficiencies and the need for increased private investment, projecting significant infrastructure spending in India over the next five years.