PM Modi Opens Nuclear Power Sector to Private Investment, Invites Global Business Leaders

Prime Minister Narendra Modi highlighted India's emergence as the world's largest economy while addressing the India-France CEO forum in Paris on February 11, 2025. PM Modi highlighted the stable political environment and investor friendly policy ecosystem along with India's rise to become world's third largest global economy. Modi stressed that India's young, skilled workforce and innovation capabilities have become its global identity.

Nuclear Sector Opened for Private Investment

In a significant announcement, Modi revealed that India's nuclear power sector would be opened to private investment. The country aims to achieve 100 gigawatts of nuclear power by 2047. PM also mentioned about India's significant infrastructural spending exceeding $114 billion annually and ambitious renewable energy goals like target of 500 Gigawatts by 2030.

Business-Friendly Reforms

The Prime Minister detailed recent reforms, including the rationalization of over 40,000 compliances and customs structures. He announced the formation of a high-level committee for regulatory reforms to promote trust-based economic governance. Modi invited international investment across various sectors, from defense and advanced technology to agriculture and sustainable development.

Investment Sectors and Future Vision 

Modi outlined multiple investment opportunities in emerging fields such as artificial intelligence, semiconductors, quantum technology, and space technology, which has been opened for foreign direct investment. He emphasized India's role as a center for business diversification and de-risking, presenting it as an attractive destination for global investment.