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Thursday, November 7, 2024

Record-Breaking Investments: American Firms Pour Over $16 Billion into India’s Thriving Economy

In his speech to aspiring business owners and professionals at the John F. Kennedy Centre, PM Modi said that every time India has become stronger, the entire world has benefited.

The connection between India and the US, according to Prime Minister Narendra Modi, is not one of convenience but rather of conviction, shared commitments, and compassion.

In his speech to budding businesspeople and professionals at the John F. Kennedy Centre in this city, Prime Minister Modi claimed that every time India has become stronger, the entire world has benefited.

This was observed during the Covid epidemic, according to the prime minister. He remarked at the US-India Strategic Partnership Forum that India raised its manufacturing and supplied medicines when the world needed them.

President Joe Biden and First Lady Jill Biden invited PM Modi on a state visit to the US.

Talking about India-US partnership, he said this partnership can change the fate of the world in the 21st century. This partnership is not of convenience but one of conviction, shared commitments and compassion, PM Modi said.

He also said that the basis of India’s success and its development’s biggest driving force is the aspiration of its people. PM Modi also noted that in the last two and two and a half years, US companies have invested more than USD 16 billion in India.

India is the world’s youngest nation and it has the world’s biggest youth talent pool and skilled and professional force, the prime minister said and asserted that whichever country joins India at this time, it is bound to benefit.

“We are keeping fiscal deficit in check and continuously increasing our Capex. Our export is increasing, our Forex is increasing, and new records are being created in FDI,” PM Modi said.

The prime minister claimed that because India is the world’s youngest country and has the largest youth talent pool and skilled and professional workforce, any country that joins India at this moment will undoubtedly profit.

We are consistently raising our Capex while limiting the fiscal deficit. New records are being set in FDI, our export, and our foreign exchange, according to PM Modi.

Taushif Patel
Taushif Patelhttps://taushifpatel.com
Taushif Patel is a Author and Entrepreneur with 20 years of media industry experience. He is the co-founder of Target Media and publisher of INSPIRING LEADERS Magazine, Director of Times Applaud Pvt. Ltd.

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