Modi woos British investors to India

Prime Minister Narendra Modi on Thursday invited British investors to invest in India, which he said has become a easy and simple place to do business.

"We have worked aggressively to make India an easy and simple place to do business," Modi said, addressing the City of London at the Old Library in Guildhall on the first day of his three-day visit to Britain.

"There is significant potential for India and the UK to further strengthen their economic ties," he said.

"The hallmark of our strategy now is policy-driven governance," he said, adding that India was one of the most open countries for foreign investments.

Earlier in the day, India and Britain signed a civil nuclear agreement following delegation-level talks between the two sides.

After this, Modi addressed a joint session of the British parliament, becoming the first Indian prime minister to do so.