Underlining economic challenges in the current global environment, Prime Minister Narendra Modi Monday said India and the UK can leverage technological prowess to create new opportunities, while seeking investments in defence, manufacturing and aerospace sectors. Speaking at the India-UK Tech Summit, Modi showcased his government’s initiatives in sectors like smart cities, startups and digital economy as he sought enhanced engagement with Britain.
“Together, we can create a vibrant and thriving environment for new commercial applications with breakthrough technologies,” he said at the event, also attended by visiting UK Prime Minister Theresa May.
Modi further said that both countries face numerous economic challenges in the current global environment which directly affect trade and commerce.
“But I am confident that together we can leverage our scientific strengths and technological prowess to create new opportunities,” he added.
India, he said, is now the fastest growing large economy with the most open investment climate.
