Prime Minister Narendra Modi on Tuesday said that India already has become the third-largest economy by purchasing power and it would soon become the world's fifth-largest economy by nominal GDP. "We are also the fastest growing major economy of the world today and a nation with the one of the largest start up eco-systems", he said while addressing the second India-Korea Business Summit 2018 in New Delhi. Korea Plus has facilitated more than 100 Korean Investors in just 2 years. PM @narendramodi in the Roundtable with Korean CEOs at India-Korea Business Summit, New Delhi pic.twitter.com/AssUsIX2kQ — PIB India (@PIB_India) February 27, 2018The PM added that the relations between India and Korea dates back centuries. Over 200 business delegates including top executives of some leading Korean business conglomerates and Government officials are participating in the Summit.

Source: dna February 27, 2018 05:37 UTC