Prime Minister Narendra Modi on 16th June 2021 invited investment into India, based on what he dubbed were the “5 pillars of talent, capital, market, ecosystem and a culture of openness”.

 

Delivering the keynote address at the 5th edition of ‘VivaTech Summit’, the Prime Minister said, “India’s strides in the world of tech and start-up are well-known. Our nation is home to one of the world’s largest start-up ecosystems. Several unicorns have come up in recent years. Indian tech-talent pool is famous across the world. Indian youth have given tech solutions to some of the world’s most pressing problems.”

 

VivaTech is a digital and start-up event that is held in Paris every year.

 

Prime Minister Narendra Modi said the focus should be on sustainable lifestyles that stop ecological degradation and that the emphasis should be on “repair and prepare” as the nation emerges from the devastating second wave of the pandemic. Prime Minister Narendra Modi added that there is a need to insulating the planet against the next pandemic. “We have to continue repairing health infrastructure and our economies,” he said.

 

The Prime Minister said the start-up space is dominated by youngsters. These are people free from the baggage of the past. They are best placed to power global transformation. Our start-ups must explore areas such as health care, eco-friendly technology, including waste recycling, agriculture, new age tools of learning,” Prime Minister said.

 

On the issue of digital partnership from start-ups to quantum computing that have emerged as a key priority, Narendra Modi said, “History has shown that leadership in new technology drives economic strength, jobs and prosperity. But, our partnerships must also serve a larger purpose, in service of humanity.