PM Narendra Modi at India Global Week 2020 LIVE: Prime Minister Narendra Modi addressed the India Global Week 2020 via video conferencing. The address focused on foreign investment prospects in India.
In a tweet earlier, the prime minister had said that the virtual meet will bring together "global thought leaders and captains of industry, who will discuss aspects relating to opportunities in India as well as the global economic revival post-COVID”. The theme of this year's event is '#BeTheRevival: India and a Better New World.' Catch the highlights here:
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Read: Highlights from PM Modi's address
PM Modi said while India is fighting the global COVID-19 pandemic, it is also focusing on its economic health. He said the country is already witnessing green shoots of recovery.
He said Indians have the spirit to achieve what is believed to be impossible and that this is an India that is 'reforming, performing and transforming'.
We are laying a red carpet for global investors: PM Modi at India Global Week 2020
Delivering the inaugural address at the India Global Week 2020, PM Modi, while inviting global investors, said that India is one of the most open economies in the world.
"We are laying a red carpet for all global companies to establish their presence in India," he said.
Green shoots already visible as Indians have ‘spirit to achieve the impossible’
Prime Minister Narendra Modi, in his address, said that India is already seeing green shoots of economic recovery as Indian have the spirit to achieve what is believed to be impossible.
"Indians have the spirit to achieve what is believed to be impossible. No wonder that in India, we are already seeing green-shoots when it comes to economic recovery," PM Modi said while addressing India Global Week 2020.
Prime Minister Narendra Modi’s address has concluded.
PM Narendra Modi:
When India talks about revival, it is: revival with care, revival with compassion, and revival which is sustainable -- both for the environment and the economy.
PM Narendra Modi:
Indians have the spirit to achieve what is believed to be impossible. No wonder that in India, we are already seeing green-shoots when it comes to economic recovery.
PM Narendra Modi:
India is ready to do whatever it can to further global good and prosperity. This is an India that is reforming, performing and transforming.
PM Narendra Modi:
I am happy to note that this forum is also marking the 100th birth anniversary of Pandit Ravi Shankar. He took the beauty of Indian classical music to the world. You would also have seen how ‘namaste’ has gone global as a form of greeting.
PM Narendra Modi:
‘Atmanirbhar Bharat’ is not about being self-contained or being closed to the world. It is about being self-sustaining and self-generating.
PM Narendra Modi:
The (novel coronavirus) pandemic has once again shown that India's pharmaceutical industry is an asset not just for India but for the entire world. It has played a leading role in reducing the cost of medicines, especially for developing countries.
PM Narendra Modi:
India remains one of the most open economies in the world. We are laying a red carpet for all global companies to come and establish their presence in India. Very few countries will offer the kind of opportunities that India does today.
PM Narendra Modi:
There are many possibilities and opportunities in various sunrise sectors in India. Our reforms in agriculture provide a very attractive investment opportunity to invest in storage and logistics.
PM Narendra Modi:
We have brought reforms in the MSME sector. A booming MSME sector will also complement big industry. There are investment opportunities in the defence sector.
PM Narendra Modi:
Now there are more opportunities for private investment in the space sector.This will mean greater access to commercial use of space tech for the benefit of people.
PM Narendra Modi:
World over, you have seen the contribution of India's talent-force. Who can forget the Indian tech industry and tech professionals? They have been showing the way for decades. India is a powerhouse of talent that is eager to contribute.
PM Narendra Modi:
There is faith that the story of global revival will have India playing a leading role.
PM Narendra Modi:
History has shown that India has overcome every challenge, be it social or economic. The same spirit continues now. On one hand, India is fighting a battle against the global pandemic. We are also focusing on the economic health.
PM Narendra Modi:
In these times, it is natural to talk about revival and it is equally natural to link global revival and India.
PM Narendra Modi’s address has begun.
PM Narendra Modi LIVE updates |
Prime Minister Narendra Modi will be delivering the inaugural address at the India Global Week 2020 via video conferencing shortly. Stay tuned for the latest updates.
Read more about the event here
Besides a focus of the India-United Kingdom bilateral ties and much-anticipated enhanced special relationship in a post-Brexit world, there will be a series of country-specific sessions to cover India's ties with countries such as the United States, Australia, Singapore and Japan.
Some of the other prominent Indian speakers at the event include External Affairs Minister S Jaishankar, Railways and Commerce and Industry Minister Piyush Goyal, Civil Aviation and Urban Affairs Minister Hardeep Singh Puri, IT Minister Ravi Shankar Prasad and Skill Development Minister Mahendra Nath Pandey.
The India Global Week 2020 summit will be held for three days on a virtual platform in view of the novel coronavirus pandemic.
In atweetearlier, the Prime MinisterNarendraModihad said the virtual meeting will bring together "global thought leaders and captains of industry, who will discuss aspects relating to opportunities in India as well as the global economic revivalpost-COVID”.
Prime Minister Narendra Modi will be addressing the India Global Week 2020 at 1.30 pm via video conferencing.
His address is likely to focus on India's trade and foreign investment prospects.