New Delhi:
Prime Minister Narendra Modi today invited the world to invest in India, saying that the economy here “is already putting in place green shoots of recovery”. Addressing the inaugural event of World India Week 2020 – billed as one of India’s biggest international events on globalization – the Prime Minister said: “We are rolling out a red carpet for all global companies come and establish their presence in India. . Very few countries will offer the kind of opportunities that India offers today. “
The three-day virtual event – on the theme “Be the Renewal: India and a Better World” – is expected to discuss ways to stimulate the global economy that has suffered a huge blow following the foreclosure brought on by the coronavirus pandemic .
Inviting more than 5,000 delegates to the event to invest in India, from the agricultural sector to the defense and space industry, he said: “Indians have the spirit to achieve what is considered impossible … India is ready to do whatever it can to advance good and prosperity in the world. It is an India that is reforming, realizing and transforming “
Over the past six years, he said India has made great strides in areas such as “full financial inclusion, record housing and construction infrastructure, ease of doing business, tax reforms. audacious, including the Goods and Services Tax. “
Reforms have been carried out in the micro, small and medium-sized enterprises sector, which will complement large industry, said the Prime Minister, highlighting the recent lending initiative to boost the declining MSME sector, which has been hit hard by locking.
“There are investment opportunities in the defense sector … Now there are more opportunities for private investment in the space sector. This will mean better access to the commercial use of space technologies in people profit, “he said.
