During the 14th India-France CEO Forum held in Paris on Tuesday, Prime Minister Narendra Modi emphasized that India has become the favored global location for investment due to the “framework of stable and predictable policy” established during his tenure over the past ten years. He remarked that this is the “ideal moment to invest in India.”
“Now is the right time to visit India. The advancement of all is connected to India’s advancement. A notable instance of this was in the aviation industry, where Indian firms made significant aircraft purchases. Furthermore, as we prepare to launch 120 new airports, you can envision the potential opportunities ahead for you,” PM Modi stated in his speech.
“You are already informed about the transformations that have occurred in India over the past ten years. We have built an environment of stable and predictable policies. Adhering to the approach of reform, perform, and transform, India is now the fifth-largest economy globally. The fastest-growing major economy in the world is on the verge of becoming the third-largest economy,” PM Modi stated.
The Prime Minister emphasized India’s defense manufacturing capabilities, saying, “Our identity on the global stage is that India is rapidly becoming a preferred global investment destination. We have established the Semiconductor and Quantum Mission in India, and we promote ‘Make in India’ and ‘Make for the World’ in defense.”
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PM Modi welcomed the CEO Forum report and praised the mantra of “innovate, collaborate, and elevate” for developing the India-France connection.
During the meeting, Prime Minister Modi discussed India’s Hydrogen program, stating that the country has set a target of 100 GW of nuclear energy by 2047.
“We have also taken up the Hydrogen mission. We aim to generate 100 GW of nuclear power by 2047. This will be open to the business sector. We are opening the civil nuclear domain to private sectors,” PM Modi said.
PM Modi thanked the French President for a “successful” CEO Forum.
“The India-France CEO Forum plays a key role in strengthening economic ties and fostering innovation. It is gladdening to see business leaders from both nations collaborate and create new opportunities across key sectors. This drives growth, investment and ensures a better future for the coming generations,” PM Modi also said in a X post written in French.
