He also addressed Business Symposium on “Make in India, Digital Partnership and India-Japan Partnership in Africa”.
PM Modi recounted India’s growth story over the last four years.
He said that India-Japan ties have grown stronger over the past four years. Both countries believe in mutual co existence.
Prime Minister Modi hailed the partnership that India and Japan share as being mutually beneficial.He spoke about India’s reform trajectory and urged business leaders to explore various investment opportunities in India.
PM said both state and the central government in India are doing all they can to ensure Ease of Doing business as well as ease of living.
Be it Ease of doing business index, innovation index or competitive index, India has taken huge leaps in these fields.
FDI has crossed the 60 billion Dollar mark. India is moving towards becoming the 5th largest economy in the world. GST has helped India move from an informal to formal economy.
Cut in corporate taxes has helped small and medium industries.
Transparency is a hall mark of the Modi government. Japan plus and Invest India is a succesful partnership.
UN has bestowed a global award on Invest India for its stellar performance. India is fast emerging as a manufacturing hub spurred by low cost manufacturing and IT strength.
Sagarmala, Smart city project, 50 metro projects, Udaan scheme, inland transport, steel production are areas that are brimming with opportunities.
Speaking on the theme of India-Japan Partnership in Africa Prime Minister said that both countries support democratic values and have a common outlook towards development.
Both countries can play a large role in the growth story of Indo-Pacific and African nations.
Prime Minister also met leading Japanese venture capitalists.
The agenda included ways to boost the dynamic start-up ecosystem in India and further a spirit of innovation as well as entrepreneurship.