Bhopal, Feb. 24 -- Prime Minister Narendra Modi on Monday said that three sectors - textiles, tourism and technology- are "crucial" for India's development.

Addressing the Madhya Pradesh Global Investor Summit in Bhopal, the Prime Minister said these sectors will create "crores" of new jobs.

"Three sectors will play a crucial role in India's development--textiles, tourism, and technology. These sectors will create crores of new jobs. If we look at textiles, India is the second-largest producer of cotton. India has a whole tradition related to textile, it has skill as well as entrepreneurship," PM Modi said.

Terming the state as the "cotton capital" of India, the Prime Minister stated that about "25 per cent of India's organic cotton su...