Indore, Jan 11 (KNN) Stressing on the role of PLI scheme in making Madhya Pradesh a big pharma and textile hub, Prime Minister Narendra Modi on Wednesday urged the investors coming to Madhya Pradesh to take maximum advantage of the PLI scheme.

He was addressing the Global Investors’ Summit in Indore, Madhya Pradesh via video message on Wednesday.

This summit will showcase the diverse investment opportunities in the central state of India.

Welcoming all the investors and entrepreneurs, PM Modi highlighted the role of Madhya Pradesh in building a developed India.

He said, “From faith and spirituality to tourism, from agriculture to education and skill development, Madhya Pradesh is a wonderful destination.”

Giving examples of trust shown by global organisations, he highlighted that the IMF which sees India as a bright spot in the global economy, and the World Bank which has expressed earlier that India is in a better position to deal with global headwinds than many other countries.

The Prime Minister credited India's strong macroeconomic fundamentals and mentioned OECD which claimed that India will be among the fastest-growing economies in the G-20 group this year.

Quoting Morgan Stanley, the Prime Minister said that India is moving towards becoming the world's third-largest economy in the next 4-5 years.

He further added that the CEO of McKinsey has declared that not just the present decade but the century itself belongs to India.

“Institutions and credible voices that track the global economy have unprecedented confidence in India”, the Prime Minister continued stating that global investors also share the same optimism.  (KNN Bureau)