India Among Top 10 FDI Destinations, $5 Trillion Economy To Be Reality Soon: PM Modi

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(MC)

Highlighting India’s economic growth, Prime Minister Narendra Modi, on November 3, said the country is among the top 10 destinations for foreign direct investment (FDI) in the world and had received $286 billion of FDI in the last five years.

He was speaking at an event in Bangkok, to mark golden jubilee of the Aditya Birla Group’s presence in Thailand. PM Modi said it was the best time to be in India and that many things such as foreign direct investment, ease of doing business, ease of living and productivity are rising while tax rates, red-tapism, corruption, cronyism are on a decline.“All of what I have said just now makes India one of the world’s most attractive economies for investment. India received 286 billion US dollar FDI in the last five years. This is almost half of the total FDI in India in the last twenty years,” Modi said.

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