PM Modi LIVE: PM urges foreign investors to invest in India; says country received $20 billion FDI this year

PM Modi LIVE: PM urges foreign investors to invest in India; says country received $20 billion FDI this year

PM Modi LIVE: Prime Minister Narendra Modi today said that the road ahead is full of opportunities in the public and private sectors,  and more production-linked incentives schemes are the need of the hour. Urging the foreign investors to invest in India, PM Modi added that India is a favourable destination to invest and the country has received over $20 billion of foreign investment this year. He also mentioned that FDI into India rose by 20 per cent in 2019, which shows the success of India’s FDI regime. Highlighting the government’s schemes during pandemic, the PM said that for development in India, the country needs the government who believes in delivering results as ease of living is as important as ease of doing business. The current situation demands a fresh mind set, where the approach to development is human-centric, he added. Meanwhile, Mahindra Group Chairman Anand Mahindra and Shantanu Narayen, Chairman, President, and CEO of Adobe group, received the USISP Forum 2020 Leadership Award. The award recognises the exemplary vision of business leaders towards promoting U.S-India bilateral ties.

India, a country with 1.3 billion people and limited resources, has one of the lowest death rates per million in the world: PM Modi

India has battled coronavirus, floods, cyclones, locust attack in the last few months. The government is actively working on the world’s largest housing programme -PM Modi

India scaled up its medical infra in record time and the country has one of the lowest death rates from coronavirus in the world. – PM Modi

This pandemic has shown the world that decision on global supply chains should not be based only on cost but also on trust – PM Modi

India has battled coronavirus and also natural disasters in the last few months. Such adversities have only made our resolve stronger – PM Modi

India was among the first to advocate the use of masks and face coverings as a public health measure. We were also among the earliest to create public awareness campaigns about social distancing – PM Modi

While looking at the way ahead, we should keep our focus on ramping up our capacities, securing the poor, and future proofing our citizens. This is the path India is taking – PM Modi

The current situation demands a fresh mind set. A mind set where the approach to development is human-centric. – PM Modi

For developmnet in India, you need the government who believes in delivering results. Ease of living is as important as ease of doing business. – PM Modi

The road ahead is full of opportunities in the public and private sectors. Production linked incentives are well received – PM Modi

FDI into India rose by 20% in 2019, shows the success of India’s FDI regime – PM Modi

India is a favourable destination to invest and the country has received over $20 billion of foreign investmnet inflows this year – PM Modi

The governmnet has taken steps to provide banking credit, digital payments and insurance to millions of people using world-class technology and global best practices – PM Modi

The pandemic has affected everything but it did not affect the aspirations of 130 crore people – PM Modi

Narendra Modi is highlighting government’s landmark schemes to support lives and livelihood amid the pandemic.

India was the first to create a responsive system for lockdown, and introduced face masks to prevent the spread of coronavirus – PM Modi

Current situation demands fresh mindset, with a spirit of cooperation between everyone. – PM Modi

PM Modi begins addressing USISPF session on the theme ‘Navigating New Challenges’.

Earlier in the USIBC summit, PM Modi said that India and the US together can play an important role in helping the global economy bounce back quicker post the coronavirus pandemic and urged the US investors to invest in India’s growth story.

Shantanu Narayen, Chairman, President, and CEO of Adobe group received the 2020 USISPF Leadership Award for his exemplary work in increasing the US-India bilateral ties.

Mahindra Group Chairman Anand Mahindra received the USISP Forum 2020 Leadership Award. The award recognises the exemplary vision of business leaders towards promoting U.S-India bilateral ties.

Gujarat’s ‘sister state’ agreements with New Jersey and Delaware announce a new era of enhanced and increased collaboration between our two countries. – Vijay Rupani

Commerce Minister Piyush Goyal said that the government has sorted out most issues related to the limited trade agreement between India & US.

Government of India has facilitated the flow of credit decisively for all the concerned sectors of the economy particularly towards the MSME – A.K. Sharma

I would like to allay any fears that a ‘Self Reliant India’ means a protectionist India. We are calling for value addition in manufacturing. – A.K. Sharma, Secretary, Ministry of MSME.

Piyush Goyal calls for taking the Indo-US trade to greater heights; says the two nations can be resilient trusted partners in the global value chain. He added that India is ready to sign the initial limited trade package with America.

USA and India are natural allies – we are democratic, we value life, the status of our people, and human rights of all. The leaders of our nations have realized this and have built a stronger relationship together – Nikki Haley

Talented Indians in the US are all assets that are integral for America to move ahead. Indians in America should now participate in American politics by not just supporting leaders, but running to become one – Nikki Haley

PM Modi to begin address soon at the US-India Strategic Partnership Forum.

The US & India are working together to stabilize the global energy markets, and despite the challenges of COVID19, the US-India energy industries are working together to reinvigorate the energy linkages between the two countries – Dharmendra Pradhan at USISPF

Dharmendra Pradhan highlighted the essence of Atmanirbhar Bharat and exhorted the captains of industry to convert challenges into opportunities to make India a global manufacturing hub as well as to integrate Indian economy with global supply chains.

I want India to become an important center for the Data Economy. And for a data economy requires movement of data. -Ravi Shankar Prasad said in context of India’s data protection regulations at USISPF.

In my mind as public health challenges like COVID-19 arise, so do opportunities. I believe it will bring India and the United States together and this bodes well for the future of both India and the U.S. – Joseph Semser

Trade between US and India has been growing consistently. In 2019, the total goods and service trade between the US and India was $146 bn, which is more than double the value of trade in 2009 of $60 bn. -Joseph Semser, Deputy Under Secretary for International Trade.

US Vice President Mike Pence on Monday said that the best is yet to come in the US-India relations. As India and the US stand more closely together for security, it will only strengthen the case for a future of freedom, Mike Pence added. He further said that the strong India-US ties is a result of the relationship that President Trump and Prime Minister Modi have forged as they are both larger than life figures.

“It is a win-win partnership mutually dependent geo-politically, trade, culturally, diplomatically and scientifically,” said Mukesh Aghi, President, USISPF. Aggressive and assertive China provides further opportunity for both nations to collaborate and ensure international rule of law prevails, Mukesh Aghi added. Read full story

Delighted to renew old associations and forge new friendships! Enriching conversation this afternoon with the Board of USISPF, an important voice for strong India-US relationship. Discussed the industry’s important role in deepening the India-US partnership. – Taranjit Singh Sandhu

We want peace and tranquility across our borders. Despite China’s aggressive misadventures, India has adopted an adequate measure to control and stop these misadventures. – General Bipin Rawat

India & the USA have signed several defense agreements, with potential for more such agreements in the near future. We are certain this will enable better strategic collaboration for the two countries, within the autonomy we have maintained so far. – General Bipin Rawat at USISPF

USA and India are one. Borders do not exist between us. The growing investment of US industries in Gujarat and a rich diaspora of Gujarati’s in the USA is a testimony of our growing mutual trust. – Gujarat CM Vijay Rupani at USISPF

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