Political stability reason for India's growth: PM Modi

Lauding his government's initiatives, Prime Minister Narendra Modi today said that political stability in India was the reason for country's growth.

The Prime Minister, who is presently in Saudi Arabia on a two-day official visit, was addressing the Indian community after touring the historical Masmak Fortress.

"Reason for India's growth is the political stability in India," said the Prime Minister.

Asserting that India has in a very short span of time once again given rise to new expectations at the world stage, he reiterated that India's youth was its strength, adding the world needs a workforce that is talented and well versed with technology.

"World's attention is towards India due to the economic progress in India. India can contribute a lot to the world," he said, adding that India was making strides in agriculture, industry and services sector.

Prime Minister Modi later visited the Larsen &Toubro workers residential complex at Dahiat Namar here.

The L&T, with partnership of Italian and Saudi companies, is constructing a 42 km long segment of Line-3 of Riyadh Metro.

The Prime Minster will be meeting Saudi King Salman bin Abdulaziz Al Saud's son, Prince Mohammad bin Salman, who many diplomats and Saudis feel could be the future monarch.

He is the fourth Indian Prime Minister to visit Saudi Arabia after Manmohan Singh in 2010, Indira Gandhi in 1982 and Jawaharlal Nehru in 1956.

During his meetings with the Saudi leadership, Prime Minister Modi is expected to focus on counter-terrorism initiatives and ways to ensure the greater involvement of Indian companies in upstream and downstream oil, gas and hydrocarbon sector projects.