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<\/div>\n<\/div>\nPrime Minister Narendra Modi, in another “Make in India” push, made a strong pitch to young entrepreneurs in the US, urging them to “grow with India”.\u00a0 Pointing to the ground-breaking deals struck with the US over the last four days, he said, “The technology health check-up held at the White House sends a clear message to businesses in both countries –‘This is the moment'”.<\/p>\n
Speaking at Washington’s Kennedy Centre at a programme organised by the US-India Strategic Partners’ Forum, PM Modi said India and the US have “done the groundwork” for entrepreneurs.<\/p>\n
“We will do what’s needed in future. But now it is your responsibility to play openly in this ground… You will get a good opportunity in India, ease of doing business is our government’s commitment,” he added to great cheers.<\/p>\n
India is growing at a rate of 7 per cent in the “post-pandemic world riddled with inflation,” PM Modi said.<\/p>\n
India, in contrast, is in a “reform” mode, keeping fiscal deficit in check, is increasing capital expenditure, exports and forex, and record figures in FDI (Foreign Direct Investment) are being set, he added.<\/p>\n
He also reminded his audience of the growing market in a predominantly young nation that is undergoing fast-paced development.<\/p>\n
“Extreme poverty is declining faster in India… neo-middle class and middle class are a block that is expanding continuously\u2026 demand in aviation sector is growing.. . domestic air traffic is setting record,” PM Modi said, drawing attention to the record aircraft purchase deals that are being struck by Indian aviation firms.<\/p>\n
Over the last decade, PM Modi has constantly pitched India as a glamorous investment destination, but the setback suffered during the pandemic has been hard to shake off.<\/p>\n<\/div>\n