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Home National Edge

India offers what innovators and investors need, says PM Modi

The Edge Media by The Edge Media
5 years ago
in Main Story, National Edge
Reading Time: 2 mins read
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“We in India implemented huge reforms across sectors, be it mining, space, banking, atomic energy and more. This goes on to show that India as a nation is adaptable and agile, even in the middle of the pandemic,” the Prime Minister said at the fifth edition of VivaTech on Wednesday.

The Prime Minister invited the world to invest in the country as he said “India offers what innovators and investors need.” Modi invited the world to invest in India based on five pillars of talent, market, capital, ecosystem and culture of openness.

Speaking of the digital expansion in India, the PM said this expansion is being powered by creating state-of-the-art public digital infrastructure. Around 523,000km of fiber optic network already links our 156,000 villages and many more are being connected in the times to come, Modi added.

We have to continue repairing health infrastructure and our economies,” he said.

“And when I say prepare, I mean insulating our planet against the next pandemic, ensuring we focus on a sustainable lifestyle that stops ecological degradation, strengthening cooperation in furthering research as well as innovation.”

Today India has 1.18 billion mobile phones and 75 million internet users. This is more than the population of several nations. Data consumption in India is among the highest and the cheapest in the world. Indians are the largest users of social media. There is a diverse and extensive market that awaits,” Modi said.

VivaTech, one of the largest digital and startup events in Europe, is held in Paris every year since 2016. The event is jointly organised by Publicis Groupe —a prominent advertising and marketing conglomerate — and Les Echos, a leading French media group.

Tags: Latest newsLatest news in EnglishLatest news updatesLatest updateslatest updates in Englishnarendra modiPM ModiPrime Minister Narendra Modi
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