India saw a record FDI (Foreign direct investment) of 84 billion dollars last year, Prime Minister Narendra Modi said on Friday as he addressed the ‘Ground Breaking Ceremony @3.0 of the UP Investors Summit.’
“Today, India is the fastest developing economy in G20. India is in the second position when it comes to internet users. India is in the second position in the global retail index. India has the third-largest start-up ecosystem in the world. There are several such achievements,” Prime Minister Modi said.
“Today the world is seeing India’s potential and appreciating India’s performance. We are growing the fastest among the G20 economies.–He said.
He said the “Reform, Perform, Transform” mantra redefined the governance of the country.
“Last year, a record FDI of $84 billion came from more than 100 countries of the world. India has created a new record in the last financial year by exporting merchandise worth more than $ 417 billion i.e. 30 lakh crore rupees,” the prime minister added.
“In 2014, there were only 65 million broadband subscribers in our country. Today their number has exceeded 78 crores. In 2014, one GB of data used to cost around 200 rupees. Today its price has come down to ₹11-12. India is one of the countries in the world that has such cheap data,” the prime minister further underlined.
