My government is working towards improving business environment: ModiÂ
New York: Indian PM Narendra Modi on Wednesday said his government is working towards improving the business environment in the country.
Speaking at the Bloomberg Global Business Forum, he said: "Today, there is a government in India that is working towards improving the business environment in the country. India's decision to cut corporate tax has sent a positive message."
The Indian government on Friday announced corporate tax rate cuts to 22 per cent for domestic companies and 15 per cent for newly-formed domestic manufacturing companies among other fiscal measures to boost the investments in the country.
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Modi invited businessmen to invest in India.
"If you want to invest in a market where there is scale, come to India. If you want to invest in one of the largest infrastructure ecosystem and urbanisation, then come to India," he said.
"If you want to invest in start-ups with a huge market, come to India," he said.
"We have opened our defence sector like never before. If you want to Make in India, for India and for the world, come to India," the Indian PM said inviting investors.
Modi is currently on a week-long US tour.
During this tour, he has met US President Donald Trump several times.
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