New York: The GDP growth last year was 7.3 per cent - among the highest in large economies world over, Prime Minister Narendra Modi said. Also, there has been a 40 per cent jump in foreign direct investment (FDI).
World Bank, International Monetary Fund and Moody’s say the economic climate is bound to improve further, MEA spokesperson Vikas Swarup quoted the Prime Minister as telling the one-hour long roundtable.
CEOs, he said, shared their concerns as well as experiences of doing business in India. The Prime Minister “took on board” suggestions made by the executives as he outlined the sheer scale of development that will happen in India and the “tremendous opportunities” it offers to foreign institutional investors and for foreign direct investments.
