PM Modi Cyprus Tour:
PM Modi Cyprus Tour Latest Updates? Prime Minister Modi reached Cyprus on Sunday evening as part of his three-nation tour. He was accorded a warm welcome by the country’s President Nicos Christodoulides at the Larnaca International Airport. After two decades, Indian Prime Minister Modi will visit Canada to participate in the G7 summit there. From there, he will travel to Croatia.
Prime Minister Narendra Modi arrived in the island nation of Cyprus on Sunday as part of a three-nation tour. Speaking at the India-Cyprus CEO Forum held in Limassol, the Prime Minister said that the digital revolution going on around the world has become a game changer in India. It will promote economic and innovation. He said that India is experiencing rapid economic growth and has become the fifth largest economy. He said that it will soon move forward with the goal of becoming the third largest economy.
Modi said that the business sector in India will grow by introducing reforms in several laws related to GST implementation and corporate taxes. Electronics. Modi stated that the Government of India will take steps to further develop the country’s manufacturing sector by focusing on sectors such as information technology, semiconductors, biotech and green development. He expressed hope that soon India will become the world center for semiconductor manufacturing. The Prime Minister said that India is currently working to develop the ships and aviation sectors. He said that the Indian government will also give priority to their ease of doing business with the world. Indian companies are looking at Cyprus as a gateway to Europe, Modi said. The Prime Minister welcomed the inclusion of Cyprus in UPI.
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