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'FDI into India up 40 percent'
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SME Times News Bureau | 14 Nov, 2015
Prime Minister Narendra Modi on Friday said that the fact that the world's confidence in India is increasing is proved by the fact that foreign direct investment into India has increased by 40 percent.
"FDI into India has increased by 40 percent. It shows the increasing international confidence in India," Modi said in Hindi in his much-awaited address to 60,000 wildly cheering British Indians at the iconic Wembley Stadium here.
"Two dreams that we are working towards -- a clean India and India with 24/7 electricity," he said.
Earlier, British Prime Cameron and his wife Samantha, dressed in a sari, welcomed Modi as he arrived at Wembley Stadium.
After Modi met with organisers of the much-hyped event, the two leaders interacted with a group of schoolchildren of Indian origin who had performed in the cultural extravaganza that preceded Modi's speech.
Britain is home to a 1.5 million-strong Indian diaspora.
Modi also said there is no for youthful nation like India to remain poor.
"India has no reason to remain poor. I can say that after my experience during the last 18 months," Modi said in his much-awaited address to 60,000 wildly cheering British Indians at the iconic Wembley Stadium here.
"Such a youthful nation like India cannot lag behind in development," said Modi, who is on a three-day visit to Britain.
"A country which has the power of youth cannot be stopped," he said.
After Modi met with organisers of the much-hyped event, the two leaders interacted with a group of school children of Indian-origin who had performed in the cultural extravaganza that preceded Modi's speech.
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Import |
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