Indian Prime Minister Narendra Modi said Monday that now is the best time to invest in his country, noting that India has given the entire world a "bouquet of hope.”
Delivering a special address at the World Economic Forum’s virtual Davos Agenda conference, Modi said India is fighting a new wave of the coronavirus pandemic, but on the economic front, the country is moving forward with many results.
"The capacity Indians have for innovation and the ability to adopt new technology can give new energy to each of our global partners. It is therefore the best time to invest in India. Entrepreneurship among India's youths has today reached new heights," he said.
Modi also said that during the COVID-19 pandemic, India has saved millions of lives by exporting essential medicines and vaccines to many countries in keeping with its vision of 'One Earth, One Health.’
"Today, India is the world's third-largest producer of pharmaceutical products," he said, adding the country’s capabilities at this time are an example for all nations.
He also said that India is committed to being a trusted partner for the world in the area of global supply chains and is working with several countries on creating paths to free trade agreements.
Noting that India is making its "policies today while focusing on requirements not just for the present but also for the target for the next 25 years,” Modi said the country's growth period in the next 25 years will be "green and clean, and also sustainable and reliable."
He said the country’s youth are "totally ready and eager to take your business to new heights in India."
The premier also highlighted the country's environmental gains and said India is committed 100% to fighting climate change.
Modi said that given the "global landscape," the question also arises whether "multilateral organizations are able to address the new global order and new challenges."
He said that in the "midst of new challenges," the world "today needs new pathways" and needs to make "new resolutions."
"Today, more than ever before, countries need each other's help. This is the only path to a better future," he added.
