PM Modi Outlines 5 Reasons To Invest In India at European Round Table for Industry in Sweden

Applauding the meteoric rise of India's startup ecosystem to become the third largest in the world, Prime Minister Narendra Modi on Sunday highlighted how India's startup infrastructure creates global solutions in the Artificial Intelligence, Fintech, Space, and Mobility sectors.

While addressing the European CEO Round Table organised by Volvo company in Gothenburg, PM Modi called for partnership between India and Europe, stressing that in the present-day global uncertainty and supply chain pressure, both can work together to become strong pillars of stability, sustainability, and shared prosperity.

The Prime Minister further stressed that the present-day relations between India and Europe have reached a "turning point", where at the government level a strategic and ambitious agenda has been established. He further emphasized that both sides endeavor to implement the India-EU Free Trade Agreement quickly, adding that the Security and Defense Partnership, as well as the Mobility Agreement, have given a new direction to the cooperation of both sides.

Highlighting India's core mantra of "Reform, Perform and Transform", PM Modi emphasized that the country's youth, expanding middle class, and infrastructure expansion are giving new momentum to the country's growth.