Prime Minister Narendra Modi once again highlighted India’s role in shaping the world’s future.
Addressing the ‘India Global Week 2020’ organized by India Inc., Modi said India is one of the open economies in the world and welcomed global firms to invest in various Indian sectors.
“We are laying a red carpet for all global companies to come and establish their presence in India. Very few countries will offer the kind of opportunities that India does today. There are many possibilities and opportunities in various sunrise sectors in India,” Narendra Modi said in a statement.
Modi said the agriculture sector offers an active investment opportunity to railways and logistics for storage and related activities.
With relaxed FDI norms, the Indian defense industry also presents many opportunities to the investors in making a range of products.
There is also a broader scope for private investment in the country’s space sector.
The country’s pharmaceutical sector has been playing a crucial role in providing affordable medicines during the COVID-19 crisis. India also has a crucial role in producing and scaling up supplies of a COVID-19 vaccine.
Under the ‘Atmanirbhar Bharat’ campaign, India is pursuing policies that promote efficacy, efficiency, and resilience.
“AtmaNirbhar Bharat merges domestic production and consumption with global supply chains. Atmanirbhar Bharat is not about being self-contained or being closed to the world, it is about being self-sustaining and self-generating,” Modi said in a statement.
Modi said ‘green shoots’ of recovery were visible in the country’s economy.
“There is faith that the story of global revival will have India playing a leading role,” says the Indian Prime Minister.
