India has all that investors want in Covid times: PM Modi

New Delhi: Pitching India amongst the best investment destinations worldwide, Prime Minister Narendra Modi on Thursday said the country's political stability and policy continuity makes it the best place for global investors looking for attractive business opportunities during the COVID-19 pandemic.

He also said India was among the first nations in creating a responsive system of lockdowns and to advocate the use of masks and face coverings as a public health measure while ramping up its health infrastructure.

In record time, Modi said, medical infrastructure was scaled up including for COVID-19 hospitals and ICU capacities while ramping up its count of testing labs from just one in January to almost 1,600. The outcome of these efforts has been that a country with 130 crore people and limited resources has shown to have one of the lowest death rates per million in the world and also a steadily rising recovery rate, he said.

Addressing the US-India Strategic Partnership Forum through video conference, Modi said the pandemic has also shown the world that the decision on developing global supply chains should be based not only on costs but also on trust.