Indian economy is now witnessing “green shoots” of recovery, Prime Minister Narendra Modi said during his address in India Global Week 2020 on Thursday.
This is an India that is reforming, performing and transforming, he said. “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,” he said.
The event was organised by India Inc., a London-headquartered media house that was founded by entrepreneur and strategist Manoj Ladwa.
During the inaugural address, Modi said that when the whole world is struggling to prevent the spread of Covid-19 pandemic, it is natural to discuss about the revival and to link India’s role with the global revival.
The PM said that India is reforming, performing and transforming. He said that during the last six years, India has made great gains in areas such as total financial inclusion, record housing and infra construction, Ease of Doing Business, bold tax reforms including the GST. “This is an India which is reforming, performing and transforming! India awaits you all,” Modi said.
He said that India is laying red carpet for all global companies.
“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 India does today.”
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