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  1. Narendra Modi at Global Investors’ Summit: Maharashtra is a beacon of hope for the growth of India, says PM

Narendra Modi at Global Investors’ Summit: Maharashtra is a beacon of hope for the growth of India, says PM

Prime Minister Narendra Modi today inaugurated the Global Investors' Summit at "Magnetic Maharashtra: Convergence 2018 at the MMRDA grounds at Mumbai’s Bandra Kurla Complex.

By: | New Delhi | Updated: February 18, 2018 8:37 PM
narendra modi, investors summit, mumbai, Magnetic Maharashtra, convergence, mukesh ambani, ratan tata, anand mahindra Prime Minister Narendra Modi today inaugurated the Global Investors’ Summit at “Magnetic Maharashtra: Convergence 2018 at the MMRDA grounds at Mumbai’s Bandra Kurla Complex.

Prime Minister Narendra Modi today inaugurated the Global Investors’ Summit at “Magnetic Maharashtra: Convergence 2018 at the MMRDA grounds at Mumbai’s Bandra Kurla Complex. This summit is Maharashtra’s first Global Investors Summit and is said to be on the lines of Make In India initiative by PM Modi. Earlier, PM Modi also laid the foundation stone for the Navi Mumbai International Airport. This is a 21-year-old project which was planned back in 1997. The state-run City Industrial Development Corporation (Cidco) and the GVK Group are building the Navi Mumbai International Airport with a massive investment cost of Rs 16,700 crore.

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7:20 PM: I’m proud that Maharashtra has been the first state to keep a trillion dollar economy target. I have complete faith that this target will be met. Maharashtra is a beacon of hope for the growth of India, says PM Modi.

7:18 PM: We believe potential, policy, planning and performance leads to progress, says PM Modi.

7:16 PM: Our budget is not limited to outlay, focus of our budget is not limited to output, focus of our budget is on outcome, said PM Modi at the Global Investors’ Summit-Magnetic Maharashtra: Convergence 2018 in Mumbai

7:14 PM: “Today, infrastructure projects in Maharashtra are attracting global attention”, says PM Modi.

7:13 PM: “We are building a Transparent Ecosystem in the country for the construction of New India, which is least dependent on the government machinery,” said PM Modi.

7:10 PM: Nothing is difficult to achieve on Shivaji Maharaj’s land, PM Modi added in his speech.

7:08 PM: In the last three years, Maharashtra govt has taken unprecedented steps to strengthen the investment environment. Continuous efforts of state govt have helped to make record changes in World Bank’s Ease to Doing Business ranking, says PM Modi.

7:06 PM: Devendra Fadnavis government has led to the transformation of Maharashtra, says PM Modi.

7:05 PM: This event is a brilliant example of competitive cooperative federalism, says PM Modi.

7:03 PM: I congratulate Maharastra government for transforming the investment climate over the last three years. The same applies for ease of doing business.

 

7 PM: There is great competition between states to encourage investments, says PM Modi. All state governments are focussing on it. The same is happening in North East. This would have been unimaginable a few years ago. I congratulate all of them, says PM Modi.

6:55 PM: PM Narendra Modi speaks at Magnetic Maharashtra Summit.

6:54 PM: Maharashtra has 2 poles- the strength of rural Maharashtra & the mega-metropolis. Maharashtra is blessed to be a gateway towards inviting investors & businesses, says Anand Mahindra.

6:53 PM: Tata’s industrial empire began in Maharashtra with a mill in Nagpur. Maharashtra has been the vanguard of growth in India, the future of Maharashtra looks even brighter, said Ratan Tata.

6:39 PM: India and Korea have a royal bond, says Hyosung Group Hyun Joon Cho. India is one of the most growing economies in the world says Joon Cho. “Make in India has built a platform for innovation” added Joon Cho.

Hyun Joon Cho, Chairman, Hyosung

6:32 PM: Mumbai is a jewel in Maharashtra’s crown. Maharashtra has the ‘Brahmastra’ to grow and develop, added Anand Mahindra. Mahindra applauded CM Devendra Fadnavis.

6:31 PM: “Maharashtra is to India what America once used to be to the world. Hard work, risk-taking and merit is always rewarded”, says Anand Mahindra.

6:30 PM: Mahindras felt the pull of Magnetic Maharashtra, says Anand Mahindra.

Anand Mahindra

6:27 PM: Maharashtra stands to be a state that defines excellence, be it Nagpur, Pune, Aurangabad, says Ratan Tata. Maharashtra’s future is a rosy one, added Tata.

6:25 PM: It is a great privilege to be here. Tata’s industrial empire began in 1877. Jamshedji Tata built the first textile industry in Nagpur, says Ratan Tata.

Ratan Tata

6:13 PM: Virgin Chief Richard Branson says ‘Happy to be in Maharashtra with Virgin hyperloop Team’ to showcase ways in which transport services as well as society can be transformed.

Virgin Chief Richard Branson

6:10 PM: Reliance new projects will strengthen partnership with Mumbai in the future, says Ambani.

6:09 PM: Reliance will make a new Jio movement in Maharashtra. It is going to transform the world and society. It is a new initiative for ‘New India’, says Ambani.

6:07 pm: Reliance Industries chairman Mukesh Ambani says Mumbai is Reliance ‘Janambhumi’ and my ‘Karambhumi’.

 

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