India ideal investment destination in the world, says Prime Minister Narendra Modi at Uttarakhand Investors Summit 2018

Dehradun: Prime Minister Narendra Modi inaugurated Uttarakhand's first investors summit on Sunday, saying India is the ideal investment destination in the world today with major social and economic changes sweeping the country.

Addressing the country's top business leaders and industrial houses at 'Destination Uttarakhand: Investors Summit 2018', Modi said the country was passing through an era of unprecedented social and economic changes at present and expressed confidence that in the coming decades India will become the engine of world economic growth.

"In the past four years, the state and central governments together have taken over 10,000 measures, which have helped the country improve its position in the ease of doing business rankings by 42 points," Modi said, describing the current times as the best for investors in the country.

GST is the biggest tax reform in the country post-independence which has turned the country into a single market, he said.

Highlighting rapid growth in the infrastructure sector, the prime minister said 10,000 km highways have been built, which is double in comparison with what was done by earlier governments.

The aviation sector is growing at a record speed with 100 new airports and helipads coming up across the country. Type II and Type III cities are getting air connectivity.

With the high-speed rail projects and metro lines in various cit...

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