PM Modi asks industry leaders to take risk, make investments

Prime Minister Narendra Modi today met top CEOs, bankers, economists and ministers to discuss ways to bolster the economy amid global slowdown.

The meeting, with the agenda 'Recent Global Events: Opportunities for India', was held at a time when global markets are in turmoil caused by a slowing Chinese economy, devaluation of the yuan and concerns surrounding the prospect of a US rate hike.

Modi asked industry to take risks and make investments, CII president Sumit Mazumder said after the meeting.