India offers the perfect combination of openness, opportunities and options: PM Modi
New Delhi:
Prime Minister Narendra Modi will deliver a keynote address at the India Ideas Summit hosted by the US-Indian Business Council. The virtual summit brings together senior officials from the Indian and US governments who set the post-pandemic recovery agenda.
Here are the HIGHLIGHTS of PM Modi’s address:
- I thank the American-Indian Business Council for inviting me to speak at the “Summit of Ideas in India”. I also congratulate the USIBC on its forty-fifth anniversary this year. Over the past decades, USIBC has brought Indian and American businesses closer together
- Recent experiences have taught us that the global economy has focused too much on efficiency and optimization. Efficiency is a good thing. But we forgot to focus on something so important. It is resilience in the face of external shocks
- India contributes to a prosperous and resilient world through the bugle call of an ‘Atmanirbhar Bharat’
- India offers a perfect combination of openness, opportunities and options
- Over the past six years, we have made great efforts to make our economy more open and more reform-oriented. Our reforms have ensured increased “ competitiveness ”, greater “ transparency ”, greater “ digitization ”, greater “ innovation ” and more “ political stability ”
- India invites you to invest in infrastructure. Our nation is witnessing the largest infrastructure campaign in our history. Come, be a partner in the construction of housing for millions of people or the construction of roads, highways and ports in our country
- India is becoming a land of opportunity. Let me give you an example from the tech industry. Recently an interesting report came out in India. He said for the first time that there were more rural internet users than even urban internet users.
- Today’s technological opportunities include opportunities in the cutting edge technologies of 5G, big data analytics, quantum computing, blockchain and the Internet of Things
- We invite you to invest in health. The healthcare sector in India is growing faster than 22% per year. Our companies are also making progress in the production of medical technology, telemedicine and diagnostics.
- India recently made historic reforms in the agricultural sector. There are investment opportunities in: agricultural inputs and machinery, agricultural supply chain management, ready-to-eat products, fisheries and organic products
