NEW DELHI: The Indian prime minister, Narendra Modi on Monday addressed the ‘Make in India: India-Japan partnership in Africa and digital partnership’ seminar, in Tokyo.
The prime minister explained how the government of India is focused on improving ease of doing business, and ease of living for the citizens.
Noting that Japan has been a partner in many important industrial projects in India, Modi explained the strength of India’s economic performance over the last four years. He said, “India is today the fastest growing major economy.” He also highlighted other major transitions in the Indian economy, including the move from informal to formal economy, digital transactions and GST, etc.
He said, “India’s rising economy, fast growing middle class and young demography offer many new opportunities to Japanese investors.” He was referring to low cost manufacturing, IT industry, and electric mobility, among other sectors.