Increase in FDI shows global trust in India: Modi at Wembley

Bs_logoImage
ANI London
Last Updated : Nov 14 2015 | 1:42 AM IST

"When I talk of FDI, its one important aspect is Foreign Direct Investment but for me its another most important aspect is First Develop India and we want to move ahead, balancing both these things," Prime Minister Modi said while addressing the Indian diaspora at the Wembley Stadium in London.

Prime Minister Modi also mentioned Rupee bonds being issued by the Indian Railways at the London Stock Exchange.

"We have opened the doors for FDI. For the first time, Indian railways has brought rupee bond to London stock exchange," he said.

Prime Minister Modi also talked about railways and electricity in India.

"India has to get rid of its problems but India also has to make it modern India, complete India. Railways is an old provision in our country. It has to reach remote areas," the Prime Minister said.

"Now, we want speedy railways. We want railways with good convenience," he added.

He further said that 18000 villages in India need electricity and assured that they would receive it in the next 1000 days.

Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 14 2015 | 1:28 AM IST