FDI into India up 40 percent: Modi

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.

--Indo-Asian News service

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