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News & Views
17 Jul 2020

PM Modi woos global cos, cites green shoots in economy Back

Prime Minister Narendra Modi invited global companies to set up businesses in India, listing various reforms and ‘green shoots’ of recovery that provide attractive investment avenues and highlighting defence and space among the sectors that offer new economic opportunities. “We are laying out the red carpet for all global companies to come and establish their presence in India,” Modi said at an event, India Global Week 2020. “Very few countries will offer the kind of opportunities that India does today.” The PM said India is already seeing green shoots in the economy and the country is “ready to do whatever it can do to further global good and prosperity.” He said even during the pandemic, the government had undertaken structural reforms that will improve the economy in the longer run

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