In solving the forum of the General Director of India-Cyprus, Prime Minister Narendra Modi on Sunday (local time) emphasized the economic strength, development and potential of India, indicating that India has undergone a remarkable digital revolution, while the unified payment interface (UPI) charged 50% of all digital transactions. He welcomed the discussion on the expansion of UPI services to Cyprus, after the model accepted in France.
“Many countries like France are associated with it. Cyprus includes conversations and welcome. After 6 decades, the same government has been elected for the third consecutive time. There has been a digital revolution over the past 10 years,” she said.
India “moves very quickly toward becoming the third largest economy”
PM Modi mentioned that India has become the fifth largest economy in the world and is quickly moving to become the third largest economy soon.
“In the last decade, India has become the fifth largest economy of the world, and in the very near future we are moving very quickly to become the world’s third largest economy. Today, India is one of the fastest new economies in the world … Today, India has a clear policy …” he said.
He also emphasized the strengthening of the economic position of India and its commitment to build a future infrastructure prepared for the future and outlined the key areas of focus, such as the newly launched production mission, the development of naval and ports, boat construction and the rapidly growing civil aviation industry.
The aim of the production mission, which has been opened by the Indian government, is to speed up the growth of the production sector with a strong emphasis on electronics, information technology, semiconductors, biotechnology and the development of green. This initiative is designed to be built as a global semiconductor production center and increase overall economic progress.
“We invest more than $ 100 billion a year in the development of futuristic infrastructure in India. We have started a production mission in this year’s budget. Our focus is on maritime and port development. Sell solutions, not only dreams …” PM Modi said.
(Tagstotranslate) India
