Prime Minister Narendra Modi, who is in Saudi Arabia for a two-day visit at the invitation of the Saudi King Salman bin Abdulaziz Al Saud, is delivering the keynote address at the Future Investment Initiative (FII) summit.
Modi held bilateral meetings with the Minister for Energy Abdulaziz bin Salman Al Saud and the Minister of Environment Abdulrahman bin Abdulmohsen Al-Fadley, in Riyadh on Tuesday.
PM Modi in Saudi Arabia LIVE UPDATES:
PM Modi at FII in Saudi Arabia: "The importance of the smallest of countries is increasing today. We will have to take a step towards strengthening this multi-polar world and think what contribution are we making for the welfare of the mankind."
PM Modi at Future Investment Initiative (FII), Saudi Arabia: "Today, the world has changed, it is multi-polar today. All countries in today are interdependent, inter connected. The manner in which the world was viewed 3-4 decades back has changed. We will have to change our thinking."
PM Modi at Future Investment Initiative (FII): "By 2024, we aim to invest US 100 Billion in refining, pipelines, gas terminals. I am happy that Saudi Aramco has decided to invest in West Coast Refinery Project - which will be the largest refinery of Asia."
PM Narendra Modi: "Under Skill India initiative, in the coming 3-4 years, 400 million people will be trained under different skills. This will provide assured skilled manpower to companies investing in India."
PM Modi at Future Investment Initiative (FII): "Today India has become world's 3rd largest start-up ecosystem. Even in tier-2 and 3 cities of India startups have come up. Our start-ups have started investing at global scale. I invite global investors to benefit from our start-up ecosystem."
PM Narendra Modi at Future Investment Initiative (FII), Riyadh (Saudi Arabia): "Our relations with Saudi Arabia is several years old. Our ancient relations has built a strong foundation for our strategic partnership."
PM Narendra Modi at Future Investment Initiative (FII), Riyadh (Saudi Arabia): "The aim of this forum is not only to discuss the economic system here but also to understand the rising trends of the world and look for ways aimed at global welfare."