Not one to miss out on social media trends, Prime Minister Narendra Modi on Tuesday used new-age FOMO or ‘fear of missing out’ to make a pitch to investors in Denmark. He said those who did not invest in India would be missed.
“These days the term FOMO or ‘fear of missing out’ is becoming increasingly prevalent on social media. Looking at India’s reforms and investment opportunities, I can say that those who do not invest in our country are definitely Will miss you,” the prime minister said while addressing the business community in the Danish capital Copenhagen during the second leg of his ‘three’ day, three-nation Europe tour. This is the prime minister’s first official visit to the Nordic country.
These days the term FOMO or ‘Fear of Missing Out’ is increasing on social media. Looking at India’s reforms and investment opportunities, I can say that those who do not invest in our country will definitely be missed: PM @Narendra Modi in Copenhagen pic.twitter.com/pAyL5TVpFb
— PMO India (@PMOIndia) 3 May 2022
Prime Minister Modi and his Danish counterpart Mette Fredriksson participated in the India-Denmark Business Forum with top business leaders from both countries. The two leaders discussed ways to combine Denmark’s skills and India’s scale, particularly in areas such as clean energy and climate friendly technologies.
“The business worlds of India and Denmark have often worked together in the past. The strengths of our nations complement each other,” PM Modi said while meeting business leaders, adding, “There is great scope for investment in green technology. Things like cold chain, shipping and ports also provide opportunities.” Modi further said that India is working on PM-Gati Shakti for next generation infrastructure.
Ministry of External Affairs (MEA) spokesperson Arindam Bagchi also tweeted photographs of Modi and Frederickson attending the India-Denmark Business Forum with top business leaders and a video of members of the Indian community greeting the two leaders after the meeting.
Modi, who arrived in Copenhagen from Germany, was accorded a special welcome at the airport by Friedrichsen. After talks with the Danish Prime Minister at his official residence Marienborg, Modi said that over 200 Danish companies are already present in India and are benefiting from the ‘Ease of Doing Business’ initiative of the central government.
“India’s infrastructure sector and green industries have huge investment opportunities for Danish companies and Danish pension funds,” the PM said in a tweet. Danish companies are operating in various sectors such as wind power, shipping, consultancy, food processing and engineering.
The two prime ministers underscored the importance of bilateral trade and investment and the need to maximize the potential of the economic ties between the two countries, a joint statement by India and Denmark said.
“They reaffirmed that strong bilateral investment and trade flows through diverse, resilient, transparent, open, secure and predictable global supply chains will ensure the economic security and prosperity of their peoples.”
The two leaders welcomed Danish investments in India, particularly in the renewable energy, water, terminals and port modernization and expansion, food processing and engineering sectors, and in particular in the IT sector.
“They noted that such investments have made India the country with the largest number of employees of Danish companies outside Denmark,” the statement said.
The two leaders agreed that the opportunities created by the Green Strategic Partnership have the potential to lead to an upward movement in bilateral trade and investment. “In this context, the two Prime Ministers welcomed the launch of the ‘India Green Finance Initiative’, which aims to contribute to the financing of green projects in India with the aim of accelerating green growth and job creation in India,” the statement said. is.”
The two leaders also agreed to expand cooperation on agriculture by joint declaration of intention to establish a Center of Excellence on Dairy among others.
Modi arrived in Copenhagen from Germany where he held detailed bilateral discussions with German Chancellor Olaf Scholz and co-chaired the India-Germany Inter-Governmental Consultations.
(with PTI inputs)
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