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PM Modi Addresses Rising Himachal Global Investors’ Summit 2019

PM Modi Addresses Rising Himachal Global Investors’ Summit 2019

On Thursday, Prime Minister Narendra Modi inaugurated and addressed the two-day Global Investors’ Summit 2019 named “Rising Himachal” in Dharamshala, Himachal Pradesh. He encouraged the investors to put in their money in this state. This investors’ meet presents investment opportunities in Himachal Pradesh.

Earlier, on Wednesday, PM Modi tweeted on his official handle about joining the summit-

“Tomorrow, I join the @Rising_Himachal Global Investors’ Meet.

The Summit is being held in picturesque Dharamshala, which is an ideal place to convince investors to invest in HP.

Himachal’s growth in the last two years is noteworthy. Congrats to the people and State Government.”

While addressing a huge gathering at the summit yesterday, the PM said-

“The Global Investors Meet in Dharamshala might sound surprising, but it is the truth. It is unprecedented, and I congratulate all of you. Earlier, investors’ summit like these used to happen in just a few cities in the country. The situation has changed today. Every state today is competing to attract business and investment.”

Also, during his about half-an-hour long address, PM Modi said that the state showed tremendous growth in the past two years. He added-

“Himachal has a huge potential for investment in the fields of tourism, pharma and other sectors.”

PM Modi said that if India is standing strong in today’s global scenario, it is because it has not let the economy’s fundamentals weaken.

Further, he said-

“We are one of the lowest Corporate Tax Economy in the world.”

He added-

“States have now understood that incentives do not help better governance. They do not help the industry or the investors in the long term. A well-equipped ecosystem is integral for any investor today. The rise in this competition will help our industry grow better at the global level.”

The PM even mentioned that India is now among the top 10 countries in Ease of Doing Business, improving its ranking by 79 points between 2014 and 2019.

Later, PM Modi went on to share pictures from the summit and wrote in his tweet-

“The @Rising_Himachal Summit will surely bring more investment and opportunities for Himachal Pradesh.

Here are some pictures from the Summit today”

Watch His Complete Address at the ‘Rising Himachal’ Global Investors’ Summit 2019 Here:

The investors’ meet witnessed participants from all over India and the world. It aims to attract investment in tourism, hydro & renewable energy, hospitality & civil aviation, agri-business, food processing & post-harvest technology, manufacturing & pharmaceuticals, and many other sectors.

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