The opportunities provided by foreign investors to set up industries in India are for local companies. “golden opportunity”cannot be lost, Prime Minister Narendra Modi said, The Economic Times reported on July 31.
The report said Modi was speaking at the first post-Budget meeting on July 23, organised by the Confederation of Indian Industry. His speech was dedicated to the development of Indian businesses. In particular, he highlighted the influx of foreign investment.
“Investors from around the world are eager to come to India. This is a golden opportunity for Indian industry and we should not miss it.”said the politician.
He called on entrepreneurs to step up their involvement in industries such as semiconductor manufacturing, electronics production and green energy.
The Prime Minister spoke in particular about small nuclear reactors. They are seen as a key part of India’s energy transition, he said.
Modi names Indian companies “wealth creators” and the driving force of economic growth. At the same time, the country’s economy, as he said, is “a beacon of economic growth and stability”Since India is a country with “high growth and low inflation”.
Source: Rossa Primavera
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