Prime Minister Narendra Modi has made a strong pitch to US entrepreneurs, saying now is the time to invest in India as both governments have laid the groundwork for businesses and corporations to take advantage of the opportunity to “play and thrive”. Stated.
Addressing business leaders and philanthropists from India and the United States as well as other prominent members of the Indian-American community here at the Kennedy Center on Friday, the Prime Minister said the India-U.S. partnership is not one of convenience, India and the U.S. emphasized that it is one of the partnerships of Belief, shared commitment and compassion.
Highlighting the massive transformation currently underway in India and progress in various fields, the Prime Minister invited experts to build partnerships with India.
Prime Minister Modi said: “In Washington D.C., I had a fascinating exchange with leading experts in various fields. @SecBlinken was also happy to be part of the programme. He highlighted the enormous opportunities India offers. Now is the time.” We reiterate that this is a great opportunity to invest in India’s growth story,” he tweeted.
Prime Minister Modi said several historic steps were taken to strengthen bilateral ties in the last three days of his state visit to the United States.
From defense, aviation and space to applied materials, manufacturing and IT, India and the United States are now advancing as the most trusted partners in several sectors, said PM Modi at the India-US Strategic Partnership Forum. said at the event.
According to the Ministry of Foreign Affairs, the event was attended by about 1,000 leading experts in various fields.
Modi said every development project in India has the power to strengthen the American Dream, adding that India is investing a record $125 billion in infrastructure development.
India’s growth story holds limitless opportunities for the US and Indian corporate communities, he said.
PM Modi urged the business community to step forward and make the most of the opportunity.
“It’s time for you to take advantage of the first move,” the Indian Prime Minister said as the audience erupted in applause.
Modi said he had spent a lot of time discussing several historical issues with US President Joe Biden over the past three days.
During the meeting, the two leaders discussed the future of India-US relations and decided to follow a clear strategy going forward.
The India-U.S. tech handshake meeting at the White House sent a message to businesses, corporations, manufacturers and innovators that “the time is now,” he said.
“The governments of India and the United States have laid the groundwork for you. Now you have a responsibility to play here and prosper. Those who play will prosper,” Modi said.
The Indian Prime Minister argued that the world will benefit whenever India becomes stronger. This was seen during the Covid-19 pandemic. He added that when the world needed drugs, India increased its production and supplied them.
He also said that the basis of India’s success and the greatest driver of its development is the aspirations of its people.
Modi said US companies have invested more than $16 billion in India over the past two to two and a half years.
India is the youngest country in the world, with the world’s largest pool of youth talent and a highly skilled professional force, the Prime Minister said, arguing that any country joining India at this time would certainly benefit.
“We are controlling the budget deficit and continuing to increase capital investment. Our exports are rising, foreign exchange is rising and new records are being set for FDI,” Modi said. rice field.
The event also saw US Secretary of State Anthony Blinken, US-India Strategic Partnership Forum Chairman and CEO Mukesh Agi, and Cisco Honorary Chairman and JC2 Ventures founder John Chambers. gave a lecture.
Blinken said President Biden often said he could define America with one word: potential.
The past few days have highlighted how that spirit of possibility defines the relationship between the United States and India, he said.
“Our government will continue to do its part. But I ask all of you in this room to continue to do your part. Invent services, create unimaginable opportunities, visit friends and family.” India and here in the United States.
“It will continue to be the driving force behind our progress. I believe that if we do it all, the United States and India can together shape a more peaceful, prosperous and more connected future.” I truly believe,” he said.
The U.S. Secretary of State said that half a century or 100 years ago, the answer to the question of what constitutes a nation’s wealth was probably its size, population, military strength, and wealth of resources. said it would be. raw materials.
“All these things still matter. But what the United States and India have in common is that, in the 21st century, our true wealth is our people, and we need to maximize the potential of our people. I think that the ability to extract is what sets our country apart,” Bricken said. .