Economic fundamentals strong, India best place for investment: PM Modi

Doing business in the country easier because of its democracy and reforms, he tells Karnataka investor summit

India is the best place for global investors and a reliable player in supply chains after Covid-19, said Prime Minister Narendra Modi on Wednesday.

India is growing rapidly despite global uncertainties and aims to be a developed nation by 2047, he said at the inaugural function of Karnataka's Global Investors Meet (GIM) via video conferencing.

“Investing in India means investing in inclusion, in democracy, and investing for the world, and for a better, cleaner, and safer planet,” said Modi. “Instead of trapping the investors in the red tape, we created an environment of the red carpet for investment."

He explained