Sunday, October 17, 2021

Expo 2020 Dubai I PM Modi Invites UAE Investors To Be Part of India’s Growth Story; promises more reforms

PM Modi Calls on UAE Investors to Join India's Growth Story; promises more reforms

PM Modi Calls on UAE Investors to Join India’s Growth Story; promises more reforms | Photo credit: Twitter

Highlights

  • PM Modi congratulated UAE leaders on hosting Expo Dubai 2020
  • Union Trade Minister Piyush Goyal inaugurated India pavilion at Expo Dubai 2020
  • The United Arab Emirates is the 8th largest investor in India, having invested $ 11 billion between April 2000 and March 2021

New Delhi: Prime Minister Narendra Modi on Friday called on investors from the United Arab Emirates (UAE) to be part of India’s growth story by highlighting the “openness, opportunities and growth” offered by the nation.

Prime Minister Modi, addressing the rally at the India Pavilion at Expo 2020 Dubai, said the event is the first to be held in the Middle East, Africa and South Asia, in which India participated with one of the largest pavilions. The theme of the India pavilion is: Openness, Opportunity and Growth.

“India today is one of the most open countries in the world. Open to learning, open to prospects open to innovation open to investment. This is why I invite you to come and invest in our nation. India is a land of opportunity. Whether in the field of arts or commerce, industry or academia There are: Opportunity to discover, opportunity for partnership, opportunity to progress:. Come to India and explore these opportunities, ”the Prime Minister said in his speech.

Prime Minister Modi also said that India has undertaken several reforms over the past 7 years and promised more such changes in the future.

“Our economic growth is fueled by a combination of traditional industries and start-ups. The India Pavilion will showcase the best of India in these multiple areas. It will also present investment opportunities in multiple sectors such as health, textiles, infrastructure, services and more. Over the past seven years, the Indian government has undertaken several reforms to boost economic growth. We will continue to do more to continue this trend, ”he added.

Union Minister of Trade and Industry Piyush Goyal inaugurated the Indian pavilion at Expo 2020 Dubai and praised the leadership of the UAE for being able to bring this massive undertaking to fruition, EXPO 2020, despite difficult times.

“This comes at a time when India is celebrating 75 years of independence and the UAE is celebrating the 50th anniversary of its founding. The UAE is one of India’s most valuable partners and a close friend. EXPO 2020 will prove to be a milestone in strengthening relations between the two countries, ”added Goyal.

Sources

1/ https://Google.com/

2/ https://www.timesnownews.com/business-economy/economy/article/pm-modi-invites-uae-investors-to-participate-in-indias-growth-story-promises-more-reforms/819334

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