Never been a better time to invest in India: Modi


New Delhi, Jul 22 (IANS): Prime Minister Narendra Modi on Wednesday called upon the US industries to take advantage of the recent reforms in India by investing in sectors as diverse as space and healthcare.

Addressing the India Ideas Summit hosted by the US-India Business Council via video conferencing, Modi said that now is the best time to invest in India.

He cited sectors such as agriculture, aviation, insurance and finance, defence and space, among others, which offer long-term sustainable returns and scale.

Exhorting investors, he said that tapping into the country's food processing, aviation and power industry can be beneficial for them as key reforms have been carried out in these sectors.

He enticed the US industry by saying that special incentives are being provided to the investors.

On the FDI front, the Prime Minister revealed that India attracted $20 billion in foreign capital during April-July despite the Covid pandemic.

 

  

Top Stories

Comment on this article

  • k b r, Mangala Uru

    Fri, Jul 24 2020

    share market expert...

    DisAgree Agree Reply Report Abuse

  • Arthur, Mangalore

    Fri, Jul 24 2020

    Seven months ago Modi and Shah were claiming there was never a better time to invest in Kashmir. Mukesh Ambani promised to invest in Kashmir. Modi and Shah need to release the progress report on Kashmir.

    DisAgree Agree Reply Report Abuse

  • Indian, Sharjah

    Thu, Jul 23 2020

    Recent reforms in India? Can anyone google and find what reforms and the outcome? Prior to 2014 can not be called as recent Modiji !!!

    DisAgree Agree [4] Reply Report Abuse

  • myna, mysuru

    Thu, Jul 23 2020

    Dangerous to invest in your leadership. Citizens are scared of their little savings in Public Sector banks which are being merged and re-merged, managed by the PM and the FM.

    The decisions on demonetisation, GST, and speedy flattening of the GDP curve instead of the Corona curve make investors jittery. From 9.5% GDP growth by UPA under Dr Manmohan Singh, we are now nowhere - Hand to Mouth living - the Chaiwallah style.

    DisAgree Agree [7] Reply Report Abuse

  • Matin, Goa

    Thu, Jul 23 2020

    It's right time to invest in India on Face Mask.

    MLA s Changing there mask Befor election one after election another..

    DisAgree Agree [9] Reply Report Abuse

  • Ramesh, Udupi

    Thu, Jul 23 2020

    We are no longer a fastest growing economy. Whole world knows India has a uneducated PM who doesn't have a basic knowledge of economy. Fake image of strong man totally exposed.

    DisAgree [1] Agree [17] Reply Report Abuse

  • anthony, Mangalore

    Thu, Jul 23 2020

    I dont think any business man abroad will get fooled by Modi after noticing his track record of the last six years. His Divisive politics has brought him on the front page of Time magazine as the Great Divider. All these announcements are only for the purpose of" Headlines Management" to fool the people. He has been a Disaster for our Beloved Country.

    All those in the BJP who love our country should resign from the BJP to save our country.

    DisAgree [2] Agree [11] Reply Report Abuse

  • Ravi, Mangalore

    Thu, Jul 23 2020

    Stop religion based politics and divisions and end corruption. Main factors for stopping foreign investments is peoples mindset to negativity, that was seen during recent riots Delhi. Foreign companies watch developments that happen.Cannot put them under the carpet.

    DisAgree [1] Agree [21] Reply Report Abuse

  • John, Mangalore

    Thu, Jul 23 2020

    World cannot trust communist Chinese, right time the invitation has gone but internal stability / democracy, pro poor policies without discrimination are need of the hour instead of destabilising state governments which are vital to attract external business deals.

    DisAgree [5] Agree [13] Reply Report Abuse

  • Bhavya Baliga, Udupi

    Thu, Jul 23 2020

    Your sarcasm and frustration is understable, guys, against the prospering phoenix Hindustan.

    DisAgree [23] Agree [8] Reply Report Abuse

  • Deshbhakht, Mangalore

    Thu, Jul 23 2020

    ED summons business partner of Raj CM's son for questioning
    Bhavya Baliga, UdupiThu, Jul 23 2020
    The incorrigible tradition continues

    Never been a better time to invest in India: Modi
    Bhavya Baliga, UdupiThu, Jul 23 2020
    Your sarcasm and frustration is understable, guys, against the prospering phoenix Hindustan.




    Bhavya Baliga, are you the same person ?

    DisAgree [3] Agree [18] Reply Report Abuse

  • Chandu, Karla

    Thu, Jul 23 2020

    Yes, you are correct....frustrations are understandable only when they come and hit on one's head or door. Until then keep singing lala....lala....lala...lala....clap and ring bells and beat pans......lala....lala...lala.

    DisAgree [2] Agree [17] Reply Report Abuse

  • Santan Mascarenhas, Kinnigoli/Bangalore

    Thu, Jul 23 2020

    20 billion dollars includes the 15 billion that was paid to Reliance Jio by foreign companies. Other amount is purchase of shares in the NSE and BSE share market. These are not an investment, but purchase of shares of an already existing companies. When Modi speaks, there is always half truth and half lie.

    DisAgree [3] Agree [19] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Thu, Jul 23 2020

    Come invest in our Pokada's ...

    DisAgree [4] Agree [27] Reply Report Abuse

  • Deshbhakht, Mangalore

    Thu, Jul 23 2020

    When India was at its best in 2014, this man went globe trotting and said 'come, Make in India'. Well, nobody, no nation gave a heed because they have concern about their economy too. Why would they pour their money into India while their home turf suffers ?

    Today Indian GDP is in negative parameters. Who will come under these circumstances ? Please stop your oratory exercise, you have ruined everything. Absolutely everything, before Covid-19 hit. Therefore, you can't blame Corona. Please accept your inefficiency and step down. Let Indian economy climb up the rough path and come back to where it was in 2014.

    Please... do this to the people who gave you all the luxury you never saw in your life. Come out of the den that costs the taxpayers 1.62 Crores of Rupees per day. Do this favour to the people of India.

    Jai Hind !

    DisAgree [4] Agree [29] Reply Report Abuse

  • Francis Lewis, Sastan

    Thu, Jul 23 2020

    When our PM having Money to buy MLA'S and now why he is asking Foreign Countries to invest in India ??

    DisAgree [3] Agree [15] Reply Report Abuse

  • PINTO, Mangalore

    Thu, Jul 23 2020

    You made my day Modiji😀

    DisAgree [3] Agree [7] Reply Report Abuse

  • Charles D'Mello, Pangala

    Thu, Jul 23 2020

    They are stupid to invest and lose all they have.

    DisAgree [3] Agree [16] Reply Report Abuse

  • Dylan, Mangalore

    Thu, Jul 23 2020

    Still attracting people to invest in the torn economy. Indian economy was down before the pandemic and become really bad after March. On what basis was the PM trying to attract airlines to the country. Still fooling people.

    DisAgree [4] Agree [27] Reply Report Abuse

  • Alwyn, Mangalore

    Thu, Jul 23 2020

    Never been a better time to invest in India: Modi

    Never been a better time to invest in India and become homeless: Modi
    Modi all your baseless statements made most of the people some of the time stupid. Now the time is coming for you and your gang to become stupids in front of the nation. US economy is horrible, and 75% are jobless now. You are asking them to invest in India. What a joke?

    DisAgree [3] Agree [21] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Thu, Jul 23 2020

    If $ 20 billion has come to India - why is the $ at Rs. 74.60 ...

    DisAgree [4] Agree [25] Reply Report Abuse

  • Mangalurian, Mangaluru

    Thu, Jul 23 2020

    The US business community has not forgotten how Warren Anderson was arrested in India, in the aftermath of the Union Carbide case.

    In US, CEOs are not arrested when a disaster happens. Instead proper investigations are made, and only then the guilty are punished.

    The Indian system goes to declare a CEO guilty straightaway.

    So, the Gujju-bai might light many diyas, but US investment won't be happening.

    DisAgree Agree [23] Reply Report Abuse

  • Mohammed, Mangalore

    Thu, Jul 23 2020

    Modi ji and his team don't have proper plans how to take Indian economy to better than Congress government done in 2013. Then how come NRI's will come and invest in India.

    DisAgree [3] Agree [22] Reply Report Abuse

  • Veer, Nagpur

    Thu, Jul 23 2020

    Country is on lock down, social distancing is every where privately and publicly and in both countries corona virus cases increasing day by day. Everybody is sitting at home. So are the industries, factories and offices working on video conferencing??????. Limit to Teleprompting.

    DisAgree [1] Agree [22] Reply Report Abuse

  • Dinesh, mangalore

    Wed, Jul 22 2020

    better start selling tea .... why are you waiting?

    DisAgree [2] Agree [24] Reply Report Abuse

  • Shenoy, Mangalore

    Wed, Jul 22 2020

    Some one needs to remind our PM about his AthmaNirbar Programme...Is it to be self dependent or depending on foreign investors...God knows what he speaks and what he does

    DisAgree [1] Agree [32] Reply Report Abuse

  • Satya, Mangalore

    Wed, Jul 22 2020

    What did all his foreign tours do? He, s been bragging investments since 2014 just as his dumb bhakts did, we seem to be falling into a deep abyss with this man at the helm, doesn't he ever get tired of his own hollow speeches and promises?? 😎

    DisAgree [2] Agree [30] Reply Report Abuse


Leave a Comment

Title: Never been a better time to invest in India: Modi



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.