Best Time to Invest and Innovate in India, Says PM Modi at India Mobile Congress

• PM Modi urges global investors to capitalise on India’s reform-driven growth
• Says India now among top five nations with indigenous 4G stack
• GST rationalisation, digital expansion and manufacturing push cited as key drivers
• Calls on startups and industry to lead in semiconductors, mobile and electronics sectors

Prime Minister Narendra Modi on Wednesday (October 8) said that India is currently offering its best investment opportunities across sectors, citing ongoing reforms and a supportive business environment as the country accelerates its Make in India mission.

Speaking at the India Mobile Congress in New Delhi, Modi said India’s democratic framework, stable governance, and focus on ease of doing business have created a strong foundation for global investors.

“This is the best time to invest, innovate and make in India,” the prime minister said.

He reiterated that this year will mark “big changes and big reforms”, referring to policy initiatives and improvements in business processes designed to boost manufacturing and innovation.

“We are increasing the pace of reforms,” he said, noting that the recent rationalisation of goods and services tax (GST) rates has made several common-use items, including televisions and shampoo, more affordable for consumers.

Push for Technology and Manufacturing

Modi emphasised that India offers significant opportunities in the manufacturing of semiconductors, mobile devices, and electronics, and urged the private sector and startups to take the lead.

He said India has achieved major progress in the digital and telecom sectors over the past decade, highlighting the affordability of mobile data.

“One GB of wireless data in India costs less than a cup of tea,” he said, calling digital connectivity an integral part of daily life.

India, he said, now has the world’s second-largest telecom and 5G market, backed by a strong talent base of developers and engineers.

Digital India Achievements

The prime minister also highlighted that India has joined the select group of five nations with indigenous 4G technology capability through its Made in India 4G Stack project.

“The country that once struggled with 2G today has 5G reaching almost every district,” he said.

He added that India’s growing strength in technology, manufacturing, and digital connectivity makes it one of the most promising destinations for innovation and investment.

(With inputs from news agencies)