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September 1, 2024 8:33 AM

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PM Modi projects India as land of biggest opportunities globally; Promises reforms, stable policy regime and high growth

Prime Minister Narendra Modi has projected India as the land of the biggest opportunities globally and promised the business sector facilitation, reforms, a stable policy regime and high growth.

Addressing the ET World Leaders Forum, Mr Modi asked investors to commit to innovation, performance, positive disruption and high-quality products.

He said, his dispensation has begun its third term with more determined intentions and is full of hope and confidence.

Prime Minister said, while people in most countries that went to polls this year voted for a change, Indians preferred continuity, political stability and economic growth.

Mr Modi said that a new neo-middle class is driving the country’s progress and setting the direction for its market. He said, India is writing a unique success story, and the impact of its reforms is visible in the economy’s performance.

Underlining his government’s initiatives in the fields of green hydrogen, semiconductors, deep ocean and space, Prime Minister said, his government wants to prepare the country for the challenges and opportunities that await India.

Mr Modi said his government is working to make the country a global health and wellness centre. He said, the government has added one lakh more medical seats in the last 10 years and over 75,000 more seats will be added in the next five years.

Prime Minister also highlighted efforts to boost India’s tourism profile and make it a global food basket. Mr Modi said, it is his resolve to ensure a ‘Made-in-India’ product on every dining table across the world.

He said, his government has succeeded in effecting big changes in people’s lives with its mantra of reform, perform and transform.

Prime Minister said, with over 25 crore people rising out of poverty, a neo-middle class has emerged at a historic scale and speed, unseen in any democratic society.

Their needs are driving growth and fuelling demand in the market, he added.