Prime Minister Narendra Modi said on Tuesday that now is the moment for businesses to come to India as the country strives to become a ‘Viksit Bharat’ by 2047 while maintaining a strong business-friendly climate and policy continuity.
PM Modi addressed the 14th India-France CEO Forum, stating that the summit brings together the brightest business brains from both India and France.
He said, “I see that all of you are working with the mantra of innovate, collaborate and integrate. You are not just building connections, you are also strengthening the India-France strategic partnership.”
PM Modi was greeted by French President Emmanuel Macron earlier at the India-France CEO Forum.
“It is a matter of great pleasure for me to join this Summit with President Macron. This is our sixth meeting in the last two years. Last year, President Macron was the Chief Guest on our Republic Day. This morning, we co-chaired the AI Action Summit together. I heartily congratulate President Macron on this successful Summit,” said the Prime Minister.
The ‘Make in India’ initiative and India’s advancements in AI and space technologies were also emphasised by PM Modi during the occasion.
PM Modi stated, “We are working with the target of 100 GW nuclear power by 2047. This sector has also been opened for the private sector.”
PM Modi went on to say that India is quickly emerging as a top international destination for investment.
“You are aware of the transformative changes that have taken place in India in the last decade. We have established an ecosystem of stable and predictable policy. Following the path of reform, perform and transform, India is the fifth-largest economy in the world. The world’s fastest-growing major economy is soon going to become the third-largest economy in the world,” said PM Modi.
“Our identity on the global stage is that today, India is rapidly becoming a preferred global investment destination. We have launched the Semiconductor and Quantum Missions and are encouraging ‘Make in India’ and ‘Make for the World’ in the defence sector too,” PM Modi told the gathering.
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PM Modi tells India-France CEO forum ‘Make in India’ is ‘Make for the world’