Prime Minister Modi invited the world to invest in India

 Prime Minister Narendra Modi on Wednesday invited the world to invest in India based on the five pillars of talent, market, capital, eco-system and culture of openness.

Mr Modi delivered the keynote address at the 5th edition of VivaTech today via video conference.

The Prime Minister was invited as a Guest of Honour to deliver the keynote address at VivaTech 2021, one of the largest digital and startup events in Europe, held in Paris every year since 2016.

On the occasion, Mr Modi said that India is home to one of the world's largest start-up eco systems. Several unicorns have come up in the recent years. India offers what innovators and investors need.

The Prime Minister praised the role of the start-up sector in meeting the challenge of the pandemic. The private sector played a key role in addressing the shortage of PPE kits, masks, testing kits etc.

Doctors adopted tele-medicine in a big way so that some COVID and other non-COVID issues could be addressed virtually. Two vaccines are being made in India and more are in the development or trial stage.

Mr Modi indicated that indigenous IT platform, Arogya-Setu enabled effective contact tracing. The

COWIN digital platform has already helped ensure vaccines to millions.

Talking about the disruption in different sector over the past year, the Prime Minister insisted that disruption does not have to mean despair. Instead, the focus should be kept on that win foundations of repair and prepare.

'This time last year, the world was still seeking a vaccine. Today, we have quite a few. Similarly, we have to continue repairing health infrastructure and our economies. 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,' Mr Modi said.

On the occasion, the Prime Minister said that India and France have been working closely on a wide range of subjects. Among these, technology and digital are emerging areas of cooperation. It is the need of the hour that such cooperation continues to grow further, he said.

Source - UNI