Modi arrives in Paris

Russian President Vladimir Putin on Friday admitted that India is facing a serious problem due to the menace of terrorism and that the situation is not an "imaginary thing".

"You have been talking at length about leaders like President Trump, Hillary Clinton, Chancellor Merkel and President Putin. That's how we can fight terrorism", he said.

Modi's reply on hacking was the only moment that approached light-heartedness in his otherwise intense pitch for investment that was matched by terse replies by Putin on a range of prickly subjects such as Syria, his relationship with Trump, his support for Syrian leader Bashar Assad, U.S. sanctions against Russian Federation and growing income inequity in Russian Federation.

The meeting also assumes significance as it comes in the wake of a major jolt to the global fight against climate change with US President Donald Trump announcing to withdraw America from the Paris Climate Accord. "I am simply talking about the aspirations or the dreams new India has for itself". He said the Vedas have said that milking of nature is permitted, but exploitation of nature is not.

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Modi said he was asked a similar question in Germany earlier this week, before the U.S. decision was made public. "This subject is of future generations and I would go towards future generations".

His speech earlier, however, was nearly entirely devoted to attracting foreign investment.

The PM made a strong pitch for global investors to invest in India, saying the sky was the limit for investment opportunities. "Minimum government, maximum governance" and "red carpet instead of red tape" have been the basis of governance reforms in India, Modi said, adding political will and clear vision were necessary for reforms. He said the world was focused on Asia, and therefore, naturally on India. It needs to be expanded, upgraded technologically to make it safer and reliable. India was the guest country at the annual forum this year and Modi the guest of honour. He said all these represented great opportunities for investment.

The market is open even for defence manufacturing, tourism, hospitality and medical devices.

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"I invite you all, 125 crore people of the country are inviting you, the world's most ancient nation is inviting you for economic development".

The Prime Minister said that the need of the hour is for all humanitarian forces to unite to save the world against terrorism.

Explaining the talents of youth in India, he said: "There have been lot of attempts taken by several countries to reach Mars, but it was only India who had managed to reach Mars in a single trial".

Hours earlier, Trump had announced that the United States was withdrawing from the Paris climate change deal, which had been agreed by more than 190 nations.

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