Prime Minister Narendra Modi said on Saturday that the Tata Group’s role in India’s development is commendable. Prime Minister Narendra Modi while addressing the Assocham Foundation Week 2020 through video conferencing said that in the last 100 years, the Industry Chamber has been witnessing the ups and downs of India’s development, including the country’s freedom struggle.
Ratan Tata Honored
He said that Tata Group has played a significant role in India’s development. This was stated by PM Modi after conferring the ‘Assocham Enterprise of the Century’ award to Ratan Tata. Speaking at the event, Tata Group Chairman Ratan Tata thanked Modi for advancing the country during the difficult times of the epidemic. He also expressed hope that the industry will benefit from his strong leadership and help in moving forward. There may be a situation of dissatisfaction at some time, maybe even a protest, but will continue to move forward.
PM Modi put the Country Together in the Corona Crisis
Ratan Tata in his address said that the country wanted lockdown, got lockdown. In the Corona crisis, PM Modi has shown the country as one. The country also responded by turning off the power and lights for a few minutes that we are all together. He said that it is not cosmetic nor is it a sham.
Now our job as an industry is to follow it and I am confident that we will. Tata said that I think if we all stand together. We will have a situation where the world will be seen. Let us say more that the Prime Minister said that it can happen and he has done it ”.
Let me tell you that Tata, which has made its way into the salt to software industry, is one of the entities that made initial bids to buy loss-making Air India earlier this week.
Increased Confidence of Investors Around the World
PM Modi said that India’s trust has increased on the Indian economy. FDI came in a record amount in India at a time when the whole world was struggling for investment during the Corona epidemic. He said that domestic investment has to be increased to maintain the confidence of investors around the world.
Know about Assocham?
Assocham’s full name is Associated Chambers of Commerce and Industry of India. It was founded in 1920. The organization consists of more than 400 Chambers and trade unions. Assocham is a business organization which is primarily considered one of the top trade organizations in India. It was initially aimed primarily at promoting both domestic and international trade. At present the president of ASSOCHAM is Balakrishna Goenka.
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