India implemented huge reforms, PM invites world to invest

Prime Minister Narendra Modi has said  that India implemented huge reforms across sectors, be it mining, space, banking, atomic energy and more. This goes on to show that India as a nation is adaptable and agile, even in the middle of the pandemic. The Prime Minister invited the world to invest in the country as he said "India offers what innovators and investors need." The Prime Minister was addressing  the fifth edition of VivaTech on Wednesday. Modi invited the world to invest in India based on five pillars of talent, market, capital, ecosystem and culture of openness.

Speaking of the digital expansion in India, the PM said this expansion is being powered by state-of-the-art public digital infrastructure. Around 523,000km of fiber optic network already links our 156,000 villages and many more are being connected in the times to come, Modi said. "Today India has 1.18 billion mobile phones and 75 million internet users. This is more than the population of several nations. Data consumption in India is among the highest and the cheapest in the world. Indians are the largest users of social media. There is a diverse and extensive market that awaits," Modi said.

Modi said that the country's strides in the world of tech and startups are well known. Our nation is home to one of the world's largest startup ecosystems, PM said adding that several unicorns have also come up in the recent years.VivaTech, one of the largest digital and startup events in Europe, is held in Paris every year since 2016. The event is jointly organised by Publicis Groupe —a prominent advertising and marketing conglomerate — and Les Echos, a leading French media group.