As India emerges from a devastating second wave of Covid-19 infections, Prime Minister Narendra Modi on Wednesday said the focus must be on repairing and preparing the health infrastructure as well as the economy for future challenges.
To prepare a base for a sustained higher growth rate, the government continues to unleash reforms and has also extended free food distribution schemes to aid the poor hit hard by the pandemic.
“Over the past year, we have witnessed a lot of disruption in different sectors. Much of it is still there,” PM Modi said at the VivaTech Summit.
In his address, he emphasised on how India and France are cooperating in key sectors such as technolog, among others.
“India & France have been working closely on a wide range of subjects. Among these, technology & digital are emerging areas of cooperation. It is the need of the hour,” he said.
India implemented huge reforms across sectors – from mining to space, from banking to atomic energy, he said. “This goes on to show that India as a nation is adaptable and agile, even in the middle of the pandemic.”
“India offers what innovators and investors need,” Mr. Modi said. “I invite the world to invest in India based on the five pillars of talent, market, capital, eco-system and culture of openness.”
Stating that India’s strides in the world of tech and start-up are well-known, he said the country is home to one of the world’s largest start-up eco systems and several unicorns have come up in recent years.