Over 200 foreign delegates along with local entrepreneurs are attending the investors Meet.
Ambassadors from 16 countries are also participating in the meet.
Addressing the Global Investors’ meet – ‘Rising Himachal’ Prime Minister Modi said the states are now competing with each other to woo investors.
He asserted that during the last few years, the state governments have started focusing on providing better facilities to investors.
Prime Minister said every state and district in the country has a role in India’s efforts to become a five trillion dollar economy by 2025.
He said the growth vehicle in India is running on four wheels with new thinking and a new approach.
Asserting that India has jumped 79 ranks in ease of doing business in last five years, Prime Minister Modi said unnecessary rules and regulations, too much interference of the government somewhere tends to prevent the pace of growth of the industries.
Prime Minster said that India has performed better in-spite of economic slowdown at the global level..India stands strong in global scenario, only because the government at the centre has not let the fundamentals of the country’s economy to weaken.
Surpassing the earlier target of 85000 crore rupees of MoUs fixed by the state government, an MoU worth more than 92,000 crores rupees have been signed between the state government and the investors.
On this ocassion, Prime MInister took a round of the exhibition depicting various aspects of Himachal tourism…its natural beauty and state’s rich craft and cultural heritage.
Himachal govt is displaying various initiatives launched by it to boost investment in the state. A short film on the investment opportunities in Himachal was also screened at the event.