Vibrant summit: Modi waving to attendees during the Vibrant Gujarat Global Summit in Gandhinagar. It has been touted as ‘Davos of the East’, but the biannual investors meet created by Modi in his home state of Gujarat has been losing sheen since he left to take charge as prime minister of India. – Bloomberg
BUSINESS leaders from around the world attending an investment summit in the western Indian state of Gujarat this week cheer Prime Minister Narendra Modi’s reforms, and say the disruption caused by his radical demonetisation move should be temporary.
Executives at the week-long, biennial Vibrant Gujarat Summit held in Modi’s home state say the tide is turning on investments into India, although some complain the approval process remains prohibitively slow.
Limited time offer:
Just RM5 per month.
