India’s Modi lays ‘red carpet’ for foreign investors to boost virus-stung economy

Record ID: 1561518

  • Title: India’s Modi lays ‘red carpet’ for foreign investors to boost virus-stung economy
  • Date: 9th July 2020
  • Summary: BHARUCH, GUJARAT, INDIA (FILE - APRIL 26, 2020) (ANI - NO USE INDIA) DESERTED HIGHWAY VARIOUS OF SMOKE EMANATING FROM CHIMNEYS OF FACTORIES WORKERS STANDING SECURITY GUARD USING THERMAL GUN TO CHECK TEMPERATURE OF WORKERS VARIOUS OF WORKER SPRAYING SANITIZER INSIDE FACTORY
  • Embargoed: 23rd July 2020 13:22
  • Keywords: Bharuch Global Week summit 2020 Gujarat India Narendra Modi New Delhi coronavirus economy industries investments lockdown markets
  • Location: NEW DELHI/BHARUCH, GUJARAT, INDIA
  • City: NEW DELHI/BHARUCH, GUJARAT, INDIA
  • Country: India
  • Topics: Economic Events
  • Reuters ID: LVA002CM37V4F
  • Aspect Ratio: 16:9
  • Story Text:Prime Minister Narendra Modi on Thursday (July 09) said India is laying a 'red carpet' for international companies to come and establish their presence in the country, during the Global Week 2020.
    Modi's government is slowly restarting economic activities after a prolonged period of slow growth in Asia's third-largest economy due to months of lockdown that has raised debt and persistent stress in parts of the financial system.
    Modi also said that India is already seeing 'green-shoots' of economic recovery, and urged foreign investors to pour money in potential sectors in the country, including agriculture, defence, and space and Micro, Small and Medium Enterprises.
  • Copyright Holder: ANI (India)
  • Copyright Notice: (c) Copyright Thomson Reuters 2020. Open For Restrictions - http://about.reuters.com/fulllegal.asp
  • Usage Terms/Restrictions: None
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