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Modi Says Indian States Need Investor-Friendly Policies

Indian states with business-friendly policies will attract the largest portions of the $100 billion of international investment promised for the country over recent weeks, Prime Minister Narendra Modi said.

“$100 billion of investment from Japan, China and America has applied for a visa, and now it is the turn of the states to capitalize on the opportunity,” Modi said today at an investment conference in Indore in the central Indian state of Madhya Pradesh. “The roads are wide open. The states that are ready can walk away with a major share.”