Prime Minister Narendra Modi on Thursday attended the Himachal Pradesh Global Investors’ Meet being held in Dharamshala and hailed it as unprecedented.
“The Global Investors’ Meet in Dharamshala might sound a little baffling, but it is the truth. It is unprecedented, and I congratulate all of you. Earlier, investors’ summit like these used to happen in just a few cities in the country. The situation has changed today. Every state today is competing to attract business and investment,” PM Modi said addressing the meet.
Watch: PM Modi addressing the meet here
Himachal Pradesh Governor Bandaru Dattatreya and Chief Minister Jai Ram Thakur were also present at the event.
PM @narendramodi attends Global Investors’ Meet 2019 in #Dharamshala, Himachal Pradesh. pic.twitter.com/MWPCOhqsQy
— PIB India (@PIB_India) November 7, 2019
The two-day investment meet is being held to showcase investment opportunities in the state. The state government will showcase the policy and regulatory environment and investment scope across eight focus sectors to boost manufacturing and employment opportunities in the state.
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Asserting that it was an indicator of healthy race amongst the states to seek investors, PM Modi said, “A positive competition can be seen among the states. The governments are taking initiatives and are removing unimportant mechanisms. The rise in this competition will help our industry grow better at the global level.”
The Prime Minister in his speech also praised the actions taken by his cabinet by pointing towards the jump in India’s ranking in the Ease of Doing Business ranking.
“The massive jump in Ease of Doing Business Ranking for India isn’t just a statistical change. It means our government is taking decisions that have helped the industrial grassroots mechanism get better,” Modi said.
(With ANI Inputs)