Prime Minister Narendra Modi on Tuesday said that India provides great investment opportunities for the world and is moving towards urban transformation.
Addressing the 3rd annual Bloomberg New Economy Forum, PM said: “India has exciting opportunities for investment in urbanisation, mobility, innovation and sustainable solutions. These opportunities come along with a vibrant democracy, business friendly climate, huge markets and a government which has left no stone unturned to make India a preferred global investment destination.”
Speaking at the Bloomberg New Economy Forum, he said India and some African nations will witness the biggest wave of urbanisation over the next two decades.
The post pandemic world has to be rebuilt around people and cities will have to be made more liveable, he said adding post-Covid restart will not be possible without a reset of mindset, process and practices.
PM Modi said his government will deliver 10 million affordable houses before the 2022 deadline.
As much as Rs 2 lakh crore is being invested in 100 smart cities, he said adding that of this, projects worth Rs 1.4 lakh crore have been completed or are nearing completion.
