Context: Now that we have lived with the Covid-19 pandemic for some time, we can easily assume that there is no going back to how life was earlier. History shows that major economic crises have been followed by large-scale change. The world is now looking to India to play a major role in the region and beyond to look for multi-faceted solutions in the short and long term. Bilateral meetings and summits have seen PM Modi deliver key-note addresses and come up with fruitful outcomes.
Key Notes from Prime Minister address

• Global economic resilience can be achieved by stronger domestic economic capacities
• India is contributing towards a prosperous and resilient world through the clarion call of ‘Aatmanirbhar Bharat'
• There has never been a better time to invest in India
• India is emerging as a land of opportunities
• India-US partnership can play an important role in helping the world bounce back faster after the pandemic

Significance of India across the globe
Global economic resilience through stronger domestic economic capacities: 

• There is the need to place the poor and the vulnerable at the core of growth agenda.
• The pandemic has reminded us of the importance of resilience of the global economy against external shocks, which can be achieved by stronger domestic economic capacities.
• India is contributing towards a prosperous and resilient world through the clarion call of an ‘Aatmanirbhar Bharat’.

India offers a perfect combination of openness, opportunities and options:

• There is global optimism towards India because it offers a perfect combination of openness, opportunities and options. 
• From the last six years, efforts have been undertaken to make our economy more open and reform oriented, adding that reforms have ensured competitiveness, enhanced transparency, expanded digitization, greater innovation and more policy stability.
• There are more rural internet users than urban internet users. India as a land of opportunities, there are about half a billion active internet users in the country now, while there are over half a billion more people who are being connected. 
• Opportunities in the frontier technologies of 5G, Big Data analytics, Quantum Computing, Block-chain and Internet of Things.

Extensive opportunities to invest across sectors:

• There are extensive opportunities to invest in a variety of sectors in India.

Historic reforms recently undertaken are 

• In the agriculture sector that there are opportunities to invest in areas including agriculture inputs and machinery, agriculture supply chain, food processing sector, fisheries and organic produce. 
• In the healthcare sector India is growing faster than 22% every year and the progress of Indian companies in production of medical-technology, tele-medicine and diagnostics, now is the best time to expand investment in Indian healthcare sector.
• India has raised the FDI cap for investment in insurance to 49% and 100% FDI is permitted for investment in insurance intermediaries.

Rising investments in India

• India’s rise in Ease of Doing Business rankings of the World Bank. 
• Each year, India is reaching record highs in FDI, adding that FDI inflows in India in 2019-20 were 74 billion dollars, which is an increase of 20% over the previous year.
• Even during the pandemic, India has attracted foreign investment of more than 20 billion dollars between April and July this year.

Why its Best time to invest in India?

• India has what is needed to power the global economic recovery. India’s rise means a rise in trade opportunities with a nation that can be trusted, a rise in global integration with increasing openness, a rise in competitiveness with access to a market which offers scale, and a rise in returns on investment with the availability of skilled human resources. 
• USA and India as natural partners, this partnership can play an important role in helping the world bounce back faster after the pandemic.There has never been a better time to invest in India.

Road Ahead

• “Combined with the ease of doing business and easily accessible capital, India is a promising manufacturing destination.
• “Companies and industries, across the world and even in India, are being pushed to ensure that their resilience capabilities are developed in order to face the repercussions of unexpected events and to maintain elasticity helping them to return to the original state of business quickly.