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Prime Minister Says: India seeing “green shoots”, laying out ‘red carpet’ for investors

Prime Minister Narendra Modi Thursday made a clean attraction to foreign investors to invest in the country, pronouncing India is reforming and is one of the most open economies inside the world.

Prime Minister Narendra Modi Thursday made a clean attraction to foreign investors to invest in the country, pronouncing India is reforming and is one of the most open economies inside the world.

Speaking at the India Global Week 2020 via a video address, Modi said the USA is rolling out a red carpet for overseas traders, and defined the possibilities in diverse dawn sectors, together with agriculture and defence.

The PM introduced that Indians are “herbal reformers”, and highlighted the structural reforms added in through his government over the previous few months.

“India remains one among the maximum open economies in the world. India is laying a purple carpet for all global companies to come back and establish their presence in India. Very few countries offer the type of possibilities that India does today,” he stated.

Modi woos global cos with investment-friendly business environment

“There are many opportunities and opportunities in numerous dawn sectors in India,” Modi stated, declaring the reforms in agriculture provide a very appealing investment possibility to invest in storage and logistics.

He highlighted the scope for investment within the defence quarter too. “One of the world’s largest militaries invites you to return and make products for it,” he stated.