Indian Prime Minister Narendra Modi on Monday said his country was battling a third wave of COVID-19, but expressed confidence that progress had been made in the fight against the virus. 

Modi spoke at the World Economic Forum's (WEF) Davos Agenda, where he addressed a host of issues, also including his country's progress in tackling climate change and its contribution to the world's fight against COVID-19.

The Davos Forum is once again being held virtually due to COVID, just as it was in 2021.

This year's forum has focused on working together to rebuild from the devastation caused globally by the COVID-19 pandemic.

Having started on January 17, the Forum is scheduled to run until January 21.

In his address on Monday, Modi said his country was undertaking concerted efforts to contain further spread of the virus.

He also noted that India had done its part in helping other countries fight the pandemic by providing crucial vaccine supplies.

The Prime Minister used the opportunity to attract investors into his country, noting that this is the best time to set up in the country.

Besides, Modi pointed out that the upcoming G20 Summit will be very important because the world was keen on finding ways through which the economy and supply chain will function post COVID-19. 

(With input from agencies)