Synopsis
During the 14th India-France CEO Forum, Prime Minister Modi highlighted the opportune moment for global businesses to invest in India as the nation aims for 'Viksit Bharat' by 2047, showcasing its achievements and commitment to creating a business-friendly environment.Key Takeaways
- PM Modi emphasized the importance of innovation and collaboration between India and France.
- India is aiming for 'Viksit Bharat' by 2047.
- Focus on AI, space technology, and 'Make in India'.
- Target of 100 GW nuclear power by 2047.
- India is becoming a favored global investment destination.
Paris, Feb 11 (NationPress) Prime Minister Narendra Modi on Tuesday stated that now is the ideal moment for businesses to invest in India as the nation strives towards the ambition of becoming 'Viksit Bharat' by 2047, all while fostering a strong, business-friendly environment and ensuring policy consistency.
While addressing the 14th India-France CEO Forum, PM Modi remarked that this gathering represents a convergence of the finest business intellects from both India and France.
“I observe that you are all operating under the principle of innovate, collaborate, and integrate. You are not merely forming connections, but also enhancing the strategic partnership between India and France,” PM Modi noted.
Previously, French President Emmanuel Macron welcomed PM Modi at the India-France CEO Forum.
“I am thrilled to participate in this Summit alongside President Macron. This marks our sixth meeting in two years. Last year, President Macron was the Chief Guest at our Republic Day celebrations. This morning, we co-chaired the AI Action Summit together. I extend my heartfelt congratulations to President Macron for the successful Summit,” the Prime Minister expressed.
PM Modi also emphasized India's accomplishments in artificial intelligence, space technology, and the ‘Make in India’ initiative during the event.
“We aim to achieve 100 GW of nuclear power by 2047. This sector has also been opened to private investment,” the Prime Minister affirmed.
Furthermore, the Prime Minister remarked that India is swiftly becoming a favored destination for global investments.
“You are aware of the significant transformations that have unfolded in India over the past decade. We have cultivated an ecosystem characterized by stable and predictable policies. Following the principles of reform, perform, and transform, India stands as the fifth-largest economy globally, and the fastest-growing major economy is on course to become the third-largest economy in the world,” PM Modi stated.
“Today, our identity on the global platform is that India is rapidly evolving into a preferred global investment hub. We have initiated the Semiconductor and Quantum Missions and are promoting 'Make in India' and 'Make for the World' in the defense sector as well,” PM Modi conveyed to the audience.
