PM Modi inaugurates GES 2017, invites global entrepreneurs to invest in India

The Dollar Business Bureau

Prime Minister Narendra Modi on Tuesday inaugurated the Global Entrepreneurship Summit (GES) 2017 in Hyderabad, in the presence of Ivanka Trump, Adviser to the President of the United States.

Addressing the gathering at the event, Modi called upon global entrepreneurs to “come, make in India, invest in India, for India and for the world.”

“I invite each one of you to become a partner in India’s growth story... assure you of wholehearted support,” he said while addressing the gathering of delegates participating from around 150 countries.

Modi further said Indian Government clearly understand that for entrepreneurship to flourish in the country, an environment of transparent policies and laws providing a level playing field are important.

Speaking the event, Ivanka said that India has a true friend in the White House, as US President Trump had said earlier this year.

“This summit is a symbol of growing economic and security cooperation between India and US” she added.

She mentioned that For the first time ever, women make up 50℅ of the people selected for this summit.

Women entrepreneurs in the US got less than 3℅ funding to establish businesses in 2016, she said and added that presently more than 11 million women in the US own businesses.

GES is a three-day event, co-hosted by the governments of the US and India, with the theme ‘Women First, Prosperity for All’. More than 50% of the delegates participating at the event are women.