Liberating waves of Indianness, PM Modi slates ‘Ease of Doing Business’ as top priority presenting India as a robust investor
Tokyo, October 29: Implying on the fact that Japan being a major business alliance in the world, India has also looked upon the country to strengthen its business and investment base. Liberating the waves of Indian developments, Prime Minister Narendra Modi stated that 'ease of doing business' was his 'top priority' and said that India and Japan had made "favourable progress."
While addressing the ‘Make in India’ seminar, PM Modi said, "Some years ago, I spoke about making a mini-Japan in India. It's a matter of great happiness for me that today, you are working in an even larger number in India." He further added saying, “When I took over the responsibility of the government in 2014, India was at 140th position in the 'ease of doing business' ranking of the World Bank. Now India has reached 100th position and we are working towards better ranking.”
PM Modi stated that India, has progressed towards making the Global Hub in the field of Manufacturing and Research under the special programs like Make in India for the last four years. Representing India in Japan, PM Modi highlighted that one of the benefits of doing business in India is Low cost manufacturing too. Competitive Labour Cost is a huge force in India behind it. In the same way India’s IT industry is a huge power. Not only this, India is rapidly moving forward towards industry 4.0 through new inventions like Artificial Intellingence, Internet of Things, 3D Printing, Robotics etc. in the field of technology.
Similarly, Electric Mobility is an area in which cooperation between India and Japan is going to prove to be extremely profitable for both countries. Apart from infrastructure and capacity building, there is strong potential for cooperation between Japan and India in third countries in health and agriculture sectors. Therefore, whether Indo-Pacific or South Asia or Africa, India and Japan will strengthen our participation in the development of third countries on the basis of priorities of our partner countries.
From the entry of Japan into the International Solar Alliance, on the topics of solar energy and climate change, between our two countries new partnership doors are open in third countries.
PM Modi interacts with businessmen in Japan
Apart from that the Prime Minister attended the India-Japan business forum in Tokyo on Monday where he interacted with top businessmen from India and Japan. Inputs offered at the Forum will propel India to achieve global benchmarking, MEA spokesperson Raveesh Kumar quoted PM Modi as saying. PM also asked Japanese businessmen to engage more with India, Kumar tweeted.
PM Modi addresses Indian diaspora
In his address earlier this morning, PM Modi said that India was going through a phase of transformation and that it was being appreciated by the world for its services to humanity. He said, "India is going through a massive transformative phase today. The world is appreciating India for its efforts towards services towards humanity. The policies being made in India, the work being done towards public welfare, for these the nation is being felicitated today.”
PM Modi said that India is making tremendous progress in the field of digital infrastructure. Broadband connectivity is reaching villages, over 100 Cr mobile phones are active in India, 1 GB is cheaper than a small bottle of cold drink. This data is becoming the tool for service delivery.