Narendra Modi in South Korea: India aims to be among world's top three economies in next 15 years, says PM

Prime Minister Narendra Modi on Thursday said India is on the way to becoming a $5-trillion economy soon and hoped that the country would be among world's top three economies in the next 15 years.

Press Trust of India February 21, 2019 19:47:59 IST
Narendra Modi in South Korea: India aims to be among world's top three economies in next 15 years, says PM
  • Narendra Modi is in South Korea for a two-day visit which began on Thursday

  • Addressing the Indian diaspora in Seoul, Modi recounted his government's initiatives to take India on a forward trajectory

  • Modi said India has jumped to 77th spot on the World Bank's ease of doing business ranking on the back of reforms

Seoul: Prime Minister Narendra Modi on Thursday said India is on the way to becoming a $5-trillion economy soon and hoped that the country would be among world's top three economies in the next 15 years.

Addressing the Indian diaspora in Seoul, the prime minister recounted several steps taken by his government in recent years, including several new initiatives, to take India on a forward trajectory.

Noting that India is among the fasted growing economy, Modi said, "our aim is to be among world's top three economies in the next 15 years."

Modi said India has jumped to 77th spot on the World Bank's ease of doing business ranking on the back of reforms and is determined to enter in the top 50 next year.

Modi arrived in Seoul earlier in the day on a two-day state visit. He will hold bilateral talks with South Korean president Moon Jae-in on Friday. The two leaders are expected to discuss the issue of denuclearisation of the Korean peninsula, ahead of the Trump-Kim summit.

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