India's financial prospects not fully explored globally: Smriti Irani

Observing that there is a lack of information about how much progress India has made, former Indian minister Smriti Irani on Monday said the financial prospects of the country have not been fully explored internationally.

"I don't think the financial prospects of our country are fully explored internationally. India as an economy is looked upon from the myopia of the lens, let's say that gets discussed at Davos or that gets discussed at the (World) bank, but operationally, we create opportunities in so many layers that are not visible," Irani said in response to a question during her appearance at the Observer Research Foundation America.

Irani, who is currently on an unofficial trip to the US, said there is a lack of information about how much India has progressed.

"There isn't much information about the climate action that has been undertaken by India. Similarly, let's say in precision manufacturing, in agro-based industry, the misconception is that our economy is open only for bi