Prime Minister Narendra Modi on Wednesday said the International Monetary Fund (IMF) sees India as a "bright spot" in the global economy and according to the World Bank, India is in a better position to deal with the global headwinds than many other countries.

This is because of India's strong "macroeconomic fundamentals", PM Modi said while virtually addressing the inaugural function of the 7th edition of "Invest Madhya Pradesh-Global Investors Summit" in Indore.