NEW DELHI, 18 January 2022, (TON): This is the best time to invest in India, Prime Minister Narendra Modi said in a special address to world leaders, while detailing various steps the country has taken to make it the "most attractive" investment destination in the world.

The PM said “Indian youth have an entrepreneurial spirit and an eagerness to innovate and adopt new technology.”

He said while speaking at the World Economic Forum's (WEF) five-day online 'Davos Agenda' summit "Indian youth are ready to take your businesses & ideas to new heights. With our global skills, India has registered more than 60,000 startups in 2021.”

He said "India offers a 'bouquet of hope' to the world. It includes our trust in democracy; it includes our technology, our temperament, and talent.”

He further said "in 2014, there were maybe a hundred registered startups in India. Now, the number has crossed 60 thousand. We also have more than 80 unicorns now, more than 40 of them achieved that status just last year.”

The Prime Minister highlighted India's innovations in technology and digital infrastructure, rapid adaptation of technologies like the Unified Payments Interface (UPI), technological solutions like Arogya Setu and CoWIN, and tax reforms to strengthen 'ease of doing business in the country.