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India has set its sights on becoming a US$5t economy by 2025: Modi

"India is removing the red tape and laying out the red carpet,"says Mr Modi. "Almost all areas of our economy have been opened to foreign direct investment."


INDIA is working toward a US$5 trillion economy by 2025, Prime Minister Narendra Modi said on Tuesday at the opening session of the World Economic Forum (WEF) in Davos, as he courted global investors to Asia's third-largest economy.

"India is removing the red tape and laying...

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