New Delhi
Amid the slugfest between the BJP and Congress over ease of doing business in India, Prime Minister Narendra Modi today pitched India as one of the fastest growing economies of the world.

Inviting investment in India’s food processing sector and promising full support, the Prime Minister said: “Come, invest in India.”

Starting business in India is easier than ever. Procedures had been simplified, archaic laws repealed and compliance requirements reduced, he said.

Reforms initiated by the government in the past three years have helped India jump 30 places in the past year in the World Bank’s Ease of Doing Business ranking to break into the top-100 nation club.

The PM termed the jump as the “highest ever improvement for India, and the highest jump for any country this year”.

From a rank of 142 in 2014, we have now reached the top 100,” the Prime Minister said at the first World Food India 2017 organised by the Ministry of Food Processing.

Ranked number one in the world in 2016 in greenfield investment, the Prime Minister said India has also rapidly progressed on the Global Innovation Index, Global Logistics Index and Global Competitiveness Index.

The introduction of GST from July 1 has eliminated the multiplicity of taxes, he added.

With CEOs of top global and Indian firms in the food processing sector in attendance, Modi invited investment in India’s food processing sector.

“Come, invest in India — the place with unlimited opportunity from farm to fork,” he said.

He also highlighted combining traditional Indian food with modern technology, processing and packaging that can help the world rediscover health benefits and refreshing taste of Indian food ingredients such as turmeric, ginger and tulsi.

He also called upon each state to identify at least one food product for specialisation.