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PM Modi

India has exciting opportunities, business-friendly climate: PM Modi pitches for global investment at Bloomberg Forum

| @indiablooms | Nov 20, 2020, at 04:29 am

New Delhi/IBNS: Prime Minister Narendra Modi has called for global investment in India claiming that the country has a wide range of opportunities in mobility and innovation sectors among others while addressing the Bloomberg New Economic Forum.

"If you are looking to invest in urbanisation, India has exciting opportunities for you. If you are looking to invest in mobility, India has exciting opportunities for you. If you are looking to invest in innovation, India has exciting opportunities for you," PM Modi told the forum.

He said India has a business-friendly climate and provides a huge market.

"And a government which shall leave no stone unturned to make India a preferred global investment destination," he added.

Modi said despite "enormous challenges" posed by the coronavirus pandemic, Indian cities have presented an "extra-ordinary example" during these tough times.

PM Modi said the post-World War era will provide lessons to deal in the post Covid era.

"I think the historic reconstruction efforts after the two world wars can give us several lessons. Post world wars, the entire world worked on a new world order. New protocols were developed and world changed itself. COVID-19 has also given us a similar opportunity to develop new protocols in every field."

"This opportunity should be grabbed by the world if we want to develop resilient systems for the future," he added.

The Indian PM mentioned that during the pandemic, "technology has also helped us maintain continuity in our work."

"Thanks to a simple tool like video-conferencing, I can wrap up many more meetings. This has also helped me bridge the distance and talk to all of you. But this also poses an interesting question for a post-Covid world."

"Will we continue with the learnings of the Covid-times like Video-Conferencing? Or will we travel across continents to participate in a conference? Reducing stress on urban systems will depend on our choices," he noted.

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