PM Modi at the Bloomberg Global Business Forum, reached out to the investors saying India has a rare combination of Democracy, Demography, Demand and Decisiveness.
New York| Prime Minister Narendra Modi on Wednesday invited investors from all over the world to invest in India at the Bloomberg Global Business Forum. Counting the positive aspects of India’s investment climate, Modi told investors that your hopes and dreams will be fully met. The Indian Prime Minister said that your technology and our skills can change the world.
He said, “Our middle class is a very big section, full of hopes. His outlook is global. If you want to invest in a startup then come to India. Our infrastructure is growing. There is huge potential in the metro, road, rail, airport. If you want to invest, come to India.”
100 lakh crore rupees will be spent on modern infrastructure
Modi said that India has opened its defence sector. “If you want to make in India and for India then come here. Never before has our government been investing as much on infrastructure development in India. We are going to spend 100 lakh crore rupees on modern infrastructure in the coming years,” he said.
India aims to be a $ 5 trillion economy
Talking about his pet project of $5 Trillion Economy, Modi said the government will spend on the social infrastructure too. “When we came into government, the country’s economy was around $ 2 trillion. In the last 5 years, we added one trillion dollars to it. We have the capability, the courage and the conditions are also with us to achieve this big target,” he said.
Social media is a very powerful pillar of democracy
According to Modi, social media is a very powerful pillar of democracy. But, unfortunately, it is being used negatively. PM modi said that some media houses have started the work of exposing fake news. Noting that he himself is very active on social media, Modi said, “Social media is a big force for the information. It is a great tool for information.”
The Mantra of 4D’s:
Modi said, “Today, there are four important factors of India’s growth, which together make the rarest combination in the world. Democracy, Demography, Demand and Decisiveness.” Talking about the first factor, he said such political stability has come after many decades. In these circumstances, the confidence of investment protection and its development is automatically attained.
“Your technology and our talent can change the world”
Bloomberg’s own report is also a witness to the changes coming in India. In a survey, India has been ranked number one in terms of investment. India has been number one among 7 indicators such as political, currency, high-quality product, strategic location, transparency. Your hopes and dreams come true. Your technology and our talent can change the world.”