Prime Minister Narendra Modi speaks at the US-India Business Council (USIBC) 41st annual Leadership Summit in Washington.
Washington:
In an address to members of the US-India Business Council in Washington, Prime Minister Narendra Modi said that India was an engine of global growth and the country's economy had multiple benefits for the world. He also spoke about the efforts made by the government to make India an ideal destination for investors.
Here are the Top 10 quotes from his speech:
I am happy to tell you that today India is poised to contribute as a new engine of global growth. A larger Indian economy has multiple benefits for the world.
India is much more than a market. India is a reliable partner, a source of high quality scientific, engineering and managerial talent.
In 2 years, we have managed to overcome the odds and register an impressive economic performance. An achievement that I think even our worst critics do not dispute is the change in levels of corruption.
The Jan Dhan Yojana has also transformed the ability of the poor to make and to receive electronic payments.
We have also paid special attention to gender justice and towards empowering women.
We are encouraging foreign and domestic investors to set up high quality and efficient manufacturing facilities. We will continue to make progress on improving the investment climate and ease of doing business.
India has much to learn from America about businesses. America is not just a country with a great past, but a country with an exciting future.
A partnership between American capital & innovation, and Indian human resources and entrepreneurship can be very powerful.
Indian-Americans are a powerful cementing force in our growing economic and cultural ties. It's rare for immigrants in a country to be given such high respect.
It is very important for us that developed countries open their markets, not only to goods from countries like India but also to services.
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