World is optimistic about India: PM Modi at MP Investors Summit

Prime Minister Narendra Modi on Monday said with a strong talent pool and thriving industries Madhya Pradesh is becoming a preferred business destination and that this is the time and right time to invest in the state reported news agency PTIHe was speaking after inaugurating the mega Invest Madhya Pradesh Global Investors Summit2025 at the Indira Gandhi Rashtriya Manav Sangrahalaya located near the picturesque Upper Lake in Bhopal to showcase the states infinite possibilities for investors and industrialistsEmphasising the confidence of global investors in Indias economic trajectory he stated The world is optimistic about IndiaPM Modi said the World Bank has expressed confidence that India will continue to be the worlds fastest growing economy in the coming years reported PTIThe World Bank recently said in its Global Economic Prospects report that India will remain the fastestgrowing major economy for next two yearsPM Modi also said the Deregulation Commission will help create investmentfriendly regulatory ecosystem in the states reported PTIIndia is emerging as the top supply chain for global aerospace firms he said adding that textile tourism and technology sectors will generate crores of jobs in the years to comeThe PM also unveiled 18 new policies of the Madhya Pradesh government aimed at attracting major investment in the BJPruled stateWith a strong talent pool and thriving industries Madhya Pradesh is becoming a preferred business destination PM Modi said reported PTIThis is the time and right time to invest in the state the prime minister saidThe speed of development in Madhya Pradesh has doubled after the formation of the double engine government in the state he said reported PTIPM Modi further said Madhya Pradesh is among the leading states in Indias electric vehicles revolutionThere are several opportunities in the health and wellness sector in the country he said adding The world is liking the heal in India mantraPM Modi said in the past two decades MP has seen a lot of transformationsThere were issues pertaining to electricity and water and law and order was even worse In such a scenario industrial development was difficult he notedBut in the past 20 years with the help of the people the BJP state government focused on governance Two decades ago people used to stay away from investing here in MP and now it is among the top states in the country for investment PM Modi said reported PTIHe said that a few days ago a UN organisation on climate change called India a solar power superpowerThis organisation also said that while many countries only talk India shows results PM Modi added reported PTIOn the occasion Chief Minister Mohan Yadav said with the organisation of the Global Investors Summit Madhya Pradesh will make its identity as a major global investment destinationYadav said his government is committed to double the states economy in the next five years as part of the countrys commitment to make India a developed nation by 2047Madhya Pradesh has decided to observe 2025 as a year of industries and employment as part of its commitment towards making India a developed nation he addedWith inputs from PTI