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Global firms eager to invest in India: PM Modi

Prime Minister Narendra Modi stated that numerous international companies are interested in investing in India and encouraged state governments to vie with one another to entice them. 

News Arena Network - New Delhi - UPDATED: August 15, 2024, 11:19 AM - 2 min read

Global firms eager to invest in India: PM Modi

Global firms eager to invest in India: PM Modi

Prime Minister Narendra Modi addresses the nation from the Red Fort on 78th Independence Day, in New Delhi. - PTI


Prime Minister Narendra Modi stated that numerous international companies are interested in investing in India and encouraged state governments to vie with one another to entice them. 

 

Speaking from the Red Fort in New Delhi on the 78th Independence Day, Modi remarked that the majority of individuals he encountered during his third term expressed a desire to invest in India.

 

"It's a golden opportunity" to make India a hub of global manufacturing, he said, and called upon state governments to make policies to attract investment, while ensuring good governance and law and order.

 

Modi also said the country needs to work on "Design In India" and "Design for the World".

 

The Prime Minister, during his 11th Independence Day address from the Red Fort, emphasised the importance of Indian professionals leading the rapidly growing global gaming industry.

 

In alignment with the Industry 4.0 revolution, the PM mentioned that the government's primary focus is on comprehensive skill development across every sector, ranging from agriculture to sanitation.

 

He also highlighted that India has sparked growth and new momentum through the 'Skill India' program.

 

"Vocal for Local" has become the mantra of India's Arthatantra (economy), he said.

 

With "One District, One Product," each district now takes pride in its produce and strives to identify its unique strengths to specialise in one particular product, aiming to boost exports, he said. The country is also working tirelessly towards becoming 'Aatmanirbhar' in the energy sector and combating climate change, Modi added.

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