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Modi to address Invest India Conference in Canada

  •   Thu, Oct 08 2020 06:08:19 PM

New Delhi, Oct 8 (IANS): Prime Minister Narendra Modi will deliver a keynote address at the Invest India Conference in Canada on Thursday evening.

Modi will address the conference through video conferencing at 6.30 p.m.

In a tweet, Modi said, "At around 6:30 PM today, would be delivering the keynote address at the Annual Invest India Conference.

"This is organised with a special focus on further strengthening business ties between India and Canada. Will speak on aspects relating to the economy."

The conference is expected to witness participation of representatives from banks and insurance companies, investment funds, companies in sectors like aviation, electronics and manufacturing, consultant firms and universities, said the Prime Minister's Office (PMO) in a statement.

The forum aims to give the Canadian business community a first-hand perspective of the opportunities to invest in India and showcase India as an investment destination.

 
  

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Comment on this article

  • k b r, Mangala Uru

    Thu, Oct 08 2020

    FDI is said to be Indian black money stashed abroad coming back to India as clean money... Nirav Modi, Lalith Modi, Cholsy types... innocent Indians thinking that India is "attracting" "foreign investors"... world is afraid of stepping into India because of pandemic... figures given by Indian govt. is not trusted and until covid is driven out, India will be 'untouchable' in the world...

    DisAgree [1] Agree [2] Reply Report Abuse

  • Mario Almeida, Falnir / Mangalore

    Thu, Oct 08 2020

    Foreign investment is begged for even by the highly developed countries not only to generate employment but also for technology upgradation, increasing allied sector manufacturing and services and overall progress of economy.

    DisAgree [2] Agree [1] Reply Report Abuse

  • Sanjeev Kamath, Mumbai

    Thu, Oct 08 2020

    Seeing the comments here, I wish to clarify here that the Foreign Direct Investments (FDI) into the country have increased to USD 284 billion during the period 2014-19, as compared to USD 190 billion during the years 2009-14.

    Sectors which attract maximum foreign inflows include services, computer software and hardware, telecommunications, automobile and trading.

    Singapore, the US, the Netherlands and Japan are the major investors.

    FDI is favoured in politically stable corruption-free countries.

    DisAgree [4] Agree [2] Reply Report Abuse

  • Veer, Nagpur

    Thu, Oct 08 2020

    FYI, FDI are foriegn investors who invest in stock markets and similar markets private, govt and non govt companies. Even in Pakistan, China, N. Korea etc have FDI. MNC's are who set up their business houses in other countries which is needed for us now. Stocks can go up and down and accordingly FDIs are varied. During 2018 economic slump during UPA rule only India was profitable destination for FDI in the world, so all foriegn money flowed into India and we never felt the ill effects of economic slump unlike now we have become beggars and paupers and becoming worse.

    DisAgree [1] Agree [5] Reply Report Abuse

  • Sanjeev Kamath, Mumbai

    Thu, Oct 08 2020

    Dear Mr Veer, kindly correct your ignorance expressed in public.

    FDI basically means to invest in a foreign company and to acquire controlling ownership in that company and on the other hand FII means investing in the foreign stock market.

    While FDI is permanent, FII is volatile.

    DisAgree Agree Reply Report Abuse

  • El En Tea, Mangalore

    Thu, Oct 08 2020

    Next world tour will be in the name of Invest in India earlier it was in the name of combat terrorism.

    DisAgree [2] Agree [5] Reply Report Abuse

  • Veer, Nagpur

    Thu, Oct 08 2020

    MNC investing in India is history now. As it is they are busy fighting a winning war with the pandemic and iunlike in India it's very risky. They are observing and keeping tab on our dwindling GDP, unemployment, lack of liquidity, security, protests, dharnas, law and order situation in the country. So all these conditions are not business friendly. Moreover internationally recent image of Modi govt is very disgusting. MNC have their embassies and consulates to keep them well informed.

    DisAgree [2] Agree [2] Reply Report Abuse

  • anthony, Mangalore

    Thu, Oct 08 2020

    The image of India around the world has taken a very bad beating during the six years rule of the BJP. Niether Modi's foreign Jaunts abroad in the past or such conferences will yield any results unless there is a major image re- building excercise that may take years to undo the damage done to our image in these six years.

    DisAgree [1] Agree [3] Reply Report Abuse

  • Rolf, Dubai

    Thu, Oct 08 2020

    Graham Stuart Staines who along with his two sons, Philip (aged 10) and Timothy (aged 6), was burnt to death in India by members of a Hindu fundamentalist group named Bajrang Dal & RSS

    Will be remembered for ever .

    DisAgree [2] Agree [11] Reply Report Abuse

  • mohan, Mangalore

    Thu, Oct 08 2020

    Since 6 years Modi is going every country . And begging for in vestment.. but no a single company came forward to invest in india... though they closed China .. most of the companies migrated to Vietnam.. Taiwan etc...
    Even many companies done deal with Manmohan singh government.. but they closed the discussion with this v goberment... due to high corruption and unwanted taxes..... and unhealthy labourers....

    DisAgree [1] Agree [8] Reply Report Abuse

  • El En Tea, Mangalore

    Thu, Oct 08 2020

    Invest in Canara most welcome.

    DisAgree Agree [3] Reply Report Abuse

  • Charles D'Mello, Pangala

    Thu, Oct 08 2020

    Canadian Indians are not fools to invest here and go bankrupt. They must have realized by now. At least I hope so.

    DisAgree [2] Agree [12] Reply Report Abuse


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