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PM Modi Bats for Investment at the Global Investors Summit

NEW DELHI: PM Modi at the global investor’s summit in Madhya Pradesh heaped praises for its contribution to the development of India. The Indian economy has ‘strong macroeconomic fundamentals and is expected to be among the fastest growing in the elite G-20 grouping, said PM Modi addressing the gathering virtually. He called on all Indians to work together for a better future.

Hailing India as an ‘attractive destination for investment’, the prime minister said his government’s work on key economic reforms despite global challenges had led to India being seen ‘as a bright spot’ in the world.

“CEO of McKinsey’s has said this is not only India’s decade but India’s century. Institutions and credible voices that track the global economy have unprecedented confidence in India. This is because of India’s strong macroeconomic fundamentals,” the prime minister said.

The theme of the two-day summit is ‘Madhya Pradesh-The Future Ready State’.The key objectives of the Global Investors Summit are – showcasing the industrial ecosystem of the state, promoting the state policies, consultation with industrial organizations to formulate industry-friendly policies, collaboration opportunities, promoting export potential and buyer-seller meets, and vendor development.

A total of 447 international delegates from 84 countries, 401 international buyers, more than 5,000 industrialists and representatives of various international industry associations, and representatives of all G20 countries are expected to attend the event.

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