At the Global Week 2020 inauguration, PM Modi addressed the Global Investors the endless investment opportunities in progressive sectors of India.
He said, ” India remains one of the most open economies in the Word, we are laying a red carpet for all global companies to come and establish their presence in India”. Modi also assured the opportunity that India will provide is Limitless. A very few countries will provide such kind of opportunities.
The PM elaborately discussed the “sunrise sectors” where investment opportunities are immense. The sectors like the storage and logistic, he invites the investors to invest in the “harbor of our farmers”. He also added the scope of investment in The Ministry of Micro, Small and Medium Enterprises (MSME) Sectors as well.
Furthermore, the opportunities for investing in one of the biggest defense division in the World, with simple FDI norms. Also, He added the scope of investing in Space and tech sector for the benefit of people.
lastly, Modi mentioned the Pandemic has shown India’s ability and expertise in the Pharma Industry in only in India, but for the world at large. Played an important role in reducing the cost of Medicine for the Developing countries. Vaccine produce in India is responsible for two-third of the vaccine needs for the children in the World. Not only that India is playing a leading role for research and development of the Corona Virus vaccine. India will play an important role in scaling and production of the much-needed vaccine once it discovered.
Needless to say, the pandemic has shaken not only the Indian economy but the global economy as well. Also, the Anti-China movement across India playing an important role in the global invitation.