India ready for business: PM Modi encourages investments at CEO forum with France
PM Narendra Modi, at the India-France CEO Forum, urged global investors to seize the opportunity to invest in India, highlighting its strong economy and business-friendly policies. He emphasized India's growth potential and strategic reforms, making it the "right time to invest."
On February 11, 2025, Prime Minister Narendra Modi addressed the 14th India-France CEOs Forum in Paris, emphasizing India's appeal as a premier global investment destination. He highlighted the nation's stable political environment and predictable policy framework as key factors attracting international investors.
India trade net
PM Modi outlined several recent reforms aimed at enhancing the ease of doing business in India. These include the rationalization of over 40,000 compliance requirements and the formation of a high-level committee dedicated to regulatory reforms. He also noted the rationalization of the customs rate structure and the introduction of 'India Trade Net' to facilitate international trade through digital public infrastructure. Additionally, a new simplified income tax code is being developed to improve the ease of living for citizens.
India's growth story
The Prime Minister invited French companies to explore the vast opportunities presented by India's growth story, particularly in sectors such as defense, energy, highways, civil aviation, space, healthcare, fintech, and sustainable development. He emphasized India's commitment to fostering innovation and technological partnerships, highlighting initiatives like the AI, Semiconductor, Quantum, Critical Minerals, and Hydrogen missions.
Significant global transformation
In his address, PM Modi stated, "Let me tell you all, this is the right time to come to India. Everyone's progress is linked to India's progress." He underscored the collaborative potential between India and France, suggesting that when France's technology and India's talent unite, it can lead to significant global transformation.
Innovation and investment
The forum, co-chaired by French President Emmanuel Macron, brought together CEOs from a diverse range of companies, focusing on sectors such as defense, aerospace, critical and emerging technologies, infrastructure, advanced manufacturing, artificial intelligence, life sciences, wellness and lifestyle, and food and hospitality. This event underscores the deepening economic collaboration between India and France, reinforcing their strategic partnership and mutual commitment to fostering innovation and investment across key sectors.
