New Delhi: The excellent work of Indians in various fields and the enthusiasm to make India a developed nation is the country's greatest strength, Prime Minister Narendra Modi said.

In a written message to the Jain International Trade Organization (JITO) on the seventh day of the founding of its incubation innovation fund, Modi said that the kind of optimism and confidence seen around the world towards India is a reflection of the strength of the country.

"India is a nation of immense possibilities. The participation of our countrymen who do excellent work in various fields and their enthusiasm to develop the country is our greatest strength," Modi said.

The Prime Minister has set a target of making India a developed nation by 2047, focusing on the use of technology.

According to the letter shared by the organizers of the seventh founding day of JITO Incubation and Innovation Fund (JIIF), the Prime Minister praised the values ​​of the Jain community for their work and efforts made in the field of education, health and other areas through JITO. .

He said that reducing dependence on foreign products and promoting local products is one of the notable achievements of him.

"Today's optimism and unwavering faith in our capabilities extends to all areas, including space science, defense and business. Organizations like JITO have played an important role in these achievements over the past decade, contributing to the vision of a self-reliant India," Modi said.

JITO Incubation and Innovation Foundation (JIIF) organized its annual Innovation Conclave on July 6 and 7 with the theme 'Ideas to Impact: Cultivating Innovation and Entrepreneurship'.

The two-day event featured top minds from various sectors including Vijay Shekhar Sharma (Paytm), Aadit Palicha (Zepto) and Sanjeev Bikhchandani (Infoedge). It brought together over 300 angel investors, 100 startups, 30 unicorns and numerous international investors, providing unparalleled networking opportunities.

JIIF, a subsidiary of Jain International Trade Organization (JITO), has invested over Rs 200 crore in 80 companies and incubated over 25 Jain entrepreneurs.