Modi welcomed everyone present to invest in India and in his concluding remarks said, “At this point in time, it is wiser to be in India.”
He added, “Further, we are making it easier to invest in India and believe me, we are making it even better to Make in India”.
Talking specifically of taxes, Modi said, “There were a number of regulatory and taxation issues which were adversely impacting on the sentiments of foreign investors. We have taken very decisive steps to remove a number of long pending concerns”.
We want to make sure that our tax regime is transparent and predictable. We are also keen to see that genuine investors and honest tax payers get quick and fair decisions on tax matters.
Pitching for India as a good place for investment, Modi said that the efforts of his government’s hard work are now being recognised. Modi said,
IMF Chief has recently said that India is among few bright spots in global economy today. The World Bank has very recently projected our growth rate at 7.5% for this fiscal and even better in the coming years. In the World Bank Report of 2016 on ease of doing business, India has moved up by 12 ranks at one go.Narendra Modi, Prime Minister
PM Modi promotes Skill India and Digital India to industry big-shots of the United Kingdom.
India is on the threshold of IT revolution. Whatever we do will be in a clean an efficient way...We will be open to your ideas and innovations.Narendra Modi, Prime Minister
Modi speaks to industry leaders at the Guildhall in London. He says, “Very soon these bonds will become strong for engagement between our financial markets.”
“We are working towards making India easy for business.”
PM Modi says, “India and UK have a great potential to further their ties. There is a lot of scope for both countries to grow”.
Speaking of his pet initiative Make In India, Modi says, “We are working on all fronts to make India a global manufacturing hub.”
