9/4/2020 PM Modi pitches India as ‘trusted’ business partner at US-India Strategic Partnership Forum - Times of India

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PM Modi pitches India as ‘trusted’ business partner at

US-India Strategic Partnership Forum
TNN | Sep 4, 2020, 01.07 AM IST
PM Modi pitches India as ‘trusted’ business partner at US-India Strategic Partnership Forum
NEW DELHI: Making a strong pitch for India being a “trusted” economic
partner, Prime Minister Narendra Modi on Thursday invited US businesses
to “join India’s journey” out of the pandemic. India had received $20
billion of foreign investment this year with companies like Google,
Amazon and Mubadala announcing long-term plans, he said.

In comments read in the context of unease in many parts of the world over
China’s aggressive behaviour during the Covid-19 crisis, Modi said, “This
pandemic has shown the world that the decision on developing global
supply chains should be based not only on costs. They should also be
based on trust. Along with affordability of geography, companies are now
also looking for reliability and policy stability. India is the location which
has all of these qualities.”

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9/4/2020 PM Modi pitches India as ‘trusted’ business partner at US-India Strategic Partnership Forum - Times of India

Addressing the US-India Strategic Partnership Forum through video conference, the PM, who has spoken of India’s “trust
factor” earlier too, brought in the “atmanirbhar (self reliant)” campaign as well. He said the campaign merged local with global
and ensured India's strengths acted as a global force multiplier.
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9/4/2020 PM Modi pitches India as ‘trusted’ business partner at US-India Strategic Partnership Forum - Times of India

Modi’s remarks were not only intended to make a case for investment but also to position India as a rule-based player. “As a
result, India is also becoming one of the leading attractions for foreign investment. Be it America or the Gulf, be it Europe or
Australia — the world believes in us. We have received over $20 billion of foreign investment flows during this year. Google,
Amazon and Mubadala Investments have announced long-term plans for India,” he said.

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Responding to questions about whether ‘Atmanirbhar Bharat’ implied a return to 1970s era socialism, Modi said, “Despite our
large local needs, we did not shy away from our global responsibility. The responsibility of being the world's leading producer
of generic medicines. We ensured constant supplies to the world. We are also at the forefront of research on the vaccine for
Covid-19. A self-reliant and peaceful India ensures a better world.”

The PM also said India had responded strongly to the Covid-19 challenge, ramping up infrastructure and ensuring proper
clinical management of patients which, in turn, meant India had a low rate of infection and low mortality rate.

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