UAE investors asked to be part of the Indian growth story: Indian economy is open, asserts Modi

The Indian economy is open to innovation and investment, Prime Minister Narendra Modi told UAE investors, and promised to keep up the reforms momentum in the economy

Oct 02, 2021
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Prime Minister Narendra Modi

The Indian economy is open to innovation and investment, Prime Minister Narendra Modi told UAE investors, and promised to keep up the reforms momentum in the economy. 

In a special message for the inauguration of the India pavilion at Dubai Expo 2020, Modi said today India is one of the most open countries in the world. 

"Open to learning, open to perspectives open to innovation open to investment. That is why I invite you to come and invest in our nation. Today, India is a land of opportunities. Be it in the field of arts or commerce, industry or academia There is: Opportunity to discover, opportunity to partner, opportunity to progress. Come to India and explore these opportunities. India also offers you maximum growth.Growth in scale, growth in ambition, growth in results.Come to India and be a part of our growth story," Modi declared.

Modi said over the last seven years, the government of India has undertaken several reforms to boost economic growth. "We will keep doing more to continue this trend," he added, according to Mint. 

Inaugurating the India pavilion, Commerce Minister Piyush Goyal said the Expo is happening at a time when India is celebrating 75 years of its independence, and UAE is celebrating 50th year of its foundation. "UAE is one of India’s most valued partners and a close friend. EXPO 2020 will prove to be a landmark in strengthening the relationship between the two countries further," Goyal said.

Goyal said the entire world is looking towards India now as a trusted partner. "We have intensified the reform process during the pandemic instead of being defensive and have laid a solid foundation for a sustainable and sustained high growth phase in the coming years. India, with its democratic values, extremely capable talent pool, technological prowess and growing appetite for learning and leadership, is all set to play an increasingly central role in the global affairs, trade and business," Goyal added.