India A Heaven For Investors; Aim To Make It $20 Trillion

PM Narendra Modi at the Facebook town hall meeting said that he aims to making doing business in India easier and increase the country’s economic output from $8 billion to $20 billion.

Projecting India as a “heaven” for investors, the Prime Minister said he is working on deregulation to achieve these goals.

PM Modi in the townhall Q&A with Facebook CEO Mark Zuckerberg spoke about efforts to revive faith among foreign investors, saying reforms are taking place speedily and the government had managed to “restore the lost confidence” during the last 15 months as he appeared to take a dig at the previous UPA dispensation.

Noting that India is a “heaven” for investors, he said, “I do not believe that there is dearth of money. Countries have money but do not know where to invest. I am giving them the address. Here is the place (India).