Expressing confidence in India's growth story, Prime Minister Narendra Modi said on Tuesday that the country will tread back on its development path as he has complete faith in its industry and people.

He highlighted that while India continues to fight the coronavirus crisis, this is the time to stabilise and speed up the economy.

"You must be surprised how am I so confident. I believe in India's industry leaders. Yes, we will definitely get our growth back," expressed PM Modi, speaking at the 125th annual session of top industrial body--the Confederation of Indian Industry (CII).

He added the COVID-19 pandemic "may have slowed us down but the reality is India has entered Unlock 1.0, getting growth back has already started."

"India has left lockdown behind and is now moving to Unlock 1. A lot of economic activities have started and some will start on June 8. In fact, we have already made headway into Getting Growth Back," PM Modi said.

This is the Prime Minister's first major speech on economy since Centre's 'Unlock 1.0' announcement on May 30 to reopen the country after over two months of lockdown to tackle the COVID-19 spread.

PM Modi delivered the inaugural address at CII annual session 2020, themed-"Getting Growth Back" via video conferencing on Tuesday.