India well on its way towards urban transformation: PM Modi – Times of India

NEW DELHI: Prime Minister Narendra Modi on Tuesday said that India provides great investment opportunities for the world and is moving towards urban transformation.
Addressing the 3rd annual Bloomberg New Economy Forum, PM said: “India has exciting opportunities for investment in urbanisation, mobility, innovation and sustainable solutions. These opportunities come along with a vibrant democracy, business friendly climate, huge markets and a government which has left no stone unturned to make India a preferred global investment destination.”
Emphasising on creating a post pandemic world, he said the world has to be rebuilt around people and cities will have to be made more livable. Post-covid restart will not be possible without a reset of mindset, process and practices, he added.
He further noted that as much as Rs 2 lakh crore is being invested in 100 smart cities, adding that of this, projects worth Rs 1.4 lakh crore have been completed or are nearing completion.
Modi said that the Covid-19 crisis has given us an opportunity to develop new protocols in every field just like post-world wars, the entire world worked in the new world order and changed itself.
“Post world wars the entire world worked on the new world order and changed itself. COVID-19 has also given us a similar opportunity to develop new protocols in every field. This opportunity should be grabbed by the world if we want to develop a resilience system for the future,” he noted.