Prime Minister Narendra Modi said on Saturday that agricultural reforms in India will usher in new investments into the sector.  He said during a video conference on the occasion of the 93rd annual general meeting of industry body Federation of Indian Chambers of Commerce and Industry (Ficci).

Modi said that agricultural reforms will increase synchronisation in the sector and help create better logistics and cold-chain infrastructure.

He told the gathering that investment in technology, cold storage and the agri-sector will benefit the farmers. 

Making a strong pitch for the positive change happening in the rural, semi-rural and Tier-2 and Tier-3 cities, Modi invited senior business and industry leaders to take benefit of the opportunities in such areas. He informed that the number of internet users in the rural areas has surpassed the cities and more than half of India's startups are in Tier-2 and Tier-3 cities.

"It is certain that in the 21st century, India's growth will be driven by villages and the small cities and entrepreneurs like you should not lose out on the opportunity to invest in the villages and small cities. Your investment will open new doors for our brothers and sisters in the rural areas and in the agriculture sector," he said.

"India has market, manpower and also the capability to work in mission mode," he said.

(IANS)