Addressing the Make in India event in Tokyo, Prime Minister Modi on Monday highlighted the ease of doing business in India and also invited the Japanese to invest in the country.
Prime Minister Modi said in order to promote the "ease of doing business" in the country, the Indian government has started ranking its 36 states and Union territories. The ranking has resulted in a healthy competition between the states and the UTs and has already started giving better results".
PM Modi said, "Some years ago, I spoke about making a mini-Japan in India. It's a matter of great happiness for me that today, you are working in an even larger number in India".
He further said, "When I took over the responsibility of the government in 2014, India was at 140th position in the 'ease of doing business' ranking of the World Bank. Now India has reached 100th position and we are working towards better ranking".
Highlighting the benefits of doing business in India, PM Modi said that low-cost manufacturing and competitive labour cost would further enhance the ease of doing business in the country. Inviting the Japanese businessmen to invest in India, he said Indian software and Japanese hardware will give great results together.
भारत में व्यापार करने का एक फायदा Low cost manufacturing भी है। उसके पीछे भारत में Competitive Labour Cost एक बहुत बड़ी ताकत है।
उसी तरह से हमारी IT industry एक बहुत बड़ी शक्ति है। मैंने पहले भी यहां आकर कहा है, हमारा Software और आपका Hardware मिल जाए, तो कमाल हो सकता है: PM
Referring to the new technological inventions like the AI, IoT, 3D Printing, Robotics in India, PM Modi said that the country was moving towards Industry 4.0. He said India and Japan's collaboration was going to yield better results for the two countries in the field of Electric Mobility.
The Prime Minister finally concluded by inviting Japanese businessmen to invest in the country and said he has always talked about Strong India-Strong Japan.
मैं हमेशा ही Strong India – Strong Japan की बात करता रहा हूं।
मैं आज इस अवसर पर जापान के उद्यमी वर्ग का भारत पर विशेष विश्वास करने के लिए आभार व्यक्त करता हूं।
मैं आप सभी को भारत में निवेश की गति बढ़ाने के लिए भी आमंत्रित करना चाहूंगा: PM