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India will soon be among 3 best destinations for investment: PM Modi in St Petersburg

Prime Minister Narendra Modi on Friday said India is a fast-growing economy and soon it will be one of the…

India will soon be among 3 best destinations for investment: PM Modi in St Petersburg

Pm Narendra Modi in Russia (PHOTO: AFP)

Prime Minister Narendra Modi on Friday said India is a fast-growing economy and soon it will be one of the top three destinations for investment in the world. He said this while addressing the Plenary Session of St Petersburg International Economic Forum in Russia.

“India is a fast growing economy — this is a sentiment what leading global agencies are reflecting. In India, we are nurturing an eco-system where the youth of India becomes a job creator, not job seeker,” Modi said.

He stressed on the need to bridge the digital divide and said technological advancements on the other hand can help citizens globally.

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“President Putin and I agree that technological advancements can help citizens globally, need to bridge the digital divide. Digital divide can create a lot of problems in any society, so we have started a ‘Digital India’ campaign,” PM Modi said.

Saying that India-Russia relations have continuously strengthened over the years irrespective of changes in the world, Modi said there was an underlying trust in the ties between the two countries. “India-Russia ties are not utilitarian. There is an underlying trust in our ties and our ties have grown stronger and deeper over time,” he said

In an effort to boost India's economic engagements with different countries and to invite more investments, Prime Minister Narendra Modi is on a four-nation tour. He has already visited Germany and Spain, and his next stop is France.

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