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Asia emerged as new centre of global growth in 21st century: PM Modi

ANI  |  Ahmedabad (Gujarat) [India] 

Prime Minister Modi on Thursday highlighted several aspects of India-partnership and said that is Asia's century and the growing convergence between and on strategic and economic issues has capacity to stimulate the global economy.

Speaking at the India-Annual Summit in Gujarat, Prime Minister Modi said, "When I first visited as Chief Minister of Gujarat, I had said that I want to see a mini in Today, that dream has come true."

"can benefit tremendously with the size and scale of our potential and skilled hands that offers and was of Asia's and it had emerged as the new centre of global growth."

"Gujarat's industry and still cherish the fact that became the first partner country in Vibrant event," Prime Minister Modi added.

The Prime Minister said that four locations have been finalised in Gujarat, Rajasthan, and for development of Japanese Industrial Townships.

Hailing the strength of India-friendship and trust, the Prime Minister invited more Japanese people and companies to come, live and work in

Prime Minister Modi even apprised Prime Minister Shinzo Abe about his government's efforts for the country's economic and social development. Prime Minister Abe reiterated Japan's strong support for the initiatives such as "Make in India", "Digital India", "Skill India", "Smart City", "Clean India," and "Start-Up India".

Pm Modi said, "Over the last three years, we have worked very hard on the front of Ease of Doing Business. A series of administrative reforms have significantly improved the business sentiment in the country. These reforms and initiatives are all aimed at preparing for the They are aimed at transforming the country and making a New Powered by the energy of our youth, we are positioning as a global manufacturing hub. For this purpose, we have launched the 'Make in India' campaign. We are also developing into a knowledge based, skill supported and technology driven society."

Prime Minister Abe highly appreciated Prime Minister Modi's economic reforms, especially the historic introduction of the Goods and Services Tax (GST), which facilitates ease of doing business and promotes market integration in by realising a simple, efficient and nation-wide indirect tax system.

Prime Minister Modi said a series of administrative reforms have significantly improved the business sentiment in the country.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, September 14 2017. 19:48 IST
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