India's 'Golden Chance': PM Modi Calls for Investment
By Rediff Money Desk, New Delhi Jul 30, 2024 13:14
PM Modi urges Indian industry to capitalize on global investor interest and contribute to India's economic growth, aiming to become the world's third largest economy by 2047.
![India's 'Golden Chance': PM Modi Calls for Investment](https://im.rediff.com/news/2024/apr/11narendra-modi3.jpg)
Photograph: ANI Photo
New Delhi, Jul 30 (PTI) Prime Minister Narendra Modi on Tuesday said investors from across the world are keenly looking at India and the domestic industry must rise and seize this 'golden chance' to play its role in achieving the goal of Viksit Bharat by 2047.
Addressing a CII post-Budget conference on 'Journey Towards Viksit Bharat', he said, the Modi government does not lack political will and will take all decisions keeping in mind 'nation first approach'.
India is growing at 8 per cent and the day is not far when the country will become the third largest economy globally from the current fifth position, he said.
The prime minister exuded confidence that this feat of becoming the third largest economy will be achieved in his ongoing third term.
He also recalled various measures announced in the Budget, especially for promoting the MSME sector which creates crores of jobs.
"Today, the whole world is looking at India and you. The policies of the government and commitment and investment are becoming foundation of global development. Investors across the world are keen to come to India. World leaders are filled with positivity for India. This is the golden chance for the Indian industry and we should not lose this opportunity," Modi said.
The domestic industry, he said, should compete with the government to make India a developed nation by 2047 and also make it a global player in sunrise sectors.
"The intent and commitment of the government is clear. Whether it is nation first, or USD 5 trillion economy, Aatmanirbhar Bharat, Viksit Bharat--we are working with full focus," he said.
Addressing a CII post-Budget conference on 'Journey Towards Viksit Bharat', he said, the Modi government does not lack political will and will take all decisions keeping in mind 'nation first approach'.
India is growing at 8 per cent and the day is not far when the country will become the third largest economy globally from the current fifth position, he said.
The prime minister exuded confidence that this feat of becoming the third largest economy will be achieved in his ongoing third term.
He also recalled various measures announced in the Budget, especially for promoting the MSME sector which creates crores of jobs.
"Today, the whole world is looking at India and you. The policies of the government and commitment and investment are becoming foundation of global development. Investors across the world are keen to come to India. World leaders are filled with positivity for India. This is the golden chance for the Indian industry and we should not lose this opportunity," Modi said.
The domestic industry, he said, should compete with the government to make India a developed nation by 2047 and also make it a global player in sunrise sectors.
"The intent and commitment of the government is clear. Whether it is nation first, or USD 5 trillion economy, Aatmanirbhar Bharat, Viksit Bharat--we are working with full focus," he said.
Source: PTI
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