Global Investors’ Meet: ‘Himachal full of opportunities and potential,’ says PM Modi

Prime
Minister Narendra Modi on Thursday said that every state in the country is
competing to attract business and investment. He added that the rise in the
competition will help the industry to grow better at the global level.

“Earlier,
investor’s summit like these used to happen in just few cities in the country.
The situation has changed today. Every state today is competing to attract
business and investment,” PM Modi said while addressing business delegates and
investors, comprising foreign nationals at Himachal Pradesh’s first two-day
Global Investor Summit in Dharamshala.

The Prime
Minister said “a positive competition could be seen among the states”.“The
governments are taking initiatives and are removing unimportant mechanisms. The
rise in this competition will help our industry grow better at the global level”
he added.

Emphasizing
that lot of the state remains unexplored even today and that it has lot of
potential, PM Modi said, “We need to think how unique properties of every
district need to be explored and presented to the globe.”

“Himachal is
fulfilling every requirement for business. It delivers peace and a society that
accepts diversity,” he said, indirectly hinting the entrepreneurs to invest in
the state.

Hailing
Chief Minister Jai Ram Thakur for bringing policies to attract investments, PM
Modi said the massive jump in ease-of-doing ranking for India isn’t just a
statistical change but a revolution in the way business is done in India.

“It is a
major revolution for industry in India. It means our government is taking
decisions that have helped the industrial grassroots mechanism get better.”

“We are
adding new layers annually, making it more flexible and better.”

Chief
Minister Jai Ram Thakur said ,The investor’s summit ,Rising Himachal, aims to
attract investment in the agri-business, food processing and post-harvest
technology, manufacturing and pharmaceuticals, tourism, hospitality and civil
aviation, hydro and renewable energy, among others, sectors.

He said the
public infrastructure fund of Rs 5 lakh crore would be used in the next five
years and this would also benefit Himachal Pradesh.