#PMModi invites #German companies to seek #investment in #India

#PMModi invites #German companies to seek #investment in #IndiaHannover: Prime Minister Narendra Modi, who is currently touring Germany as part of the second leg of his three-nation tour, invited the German business houses and investors to invest in India and assured them of full support of his government before leaving for Berlin.

Here is what he said:

  • Purpose of my participating in Hannover fair is to highlight that there is more potential in Indo-German economic collaboration: PM Modi.
  • We have committed ourselves for creating and improving the business environment: PM Modi
  • You can see for yourself the winds of change in India: PM Modi.
  • India is a changed nation now…regulatory regime is much more transparent and stable here: PM Modi.
  • It is the effort of my Govt to encourage innovation, R&D and entrepreneurship in the country: PM Modi
  • Germany ranks 8th among foreign investor companies in India: PM Modi
  • In this Budget, we said we will not resort to retrospective taxation: PM Modi
  • We have removed lot of regressive taxation regimes: PM Modi
  • We have fast tracked approvals in industry and infrastructure: PM Modi
  • We have launched “Make in India” campaign for this purpose: PM Modi
  • We want to promote manufacturing in India particularly to create jobs for our youth: PM Modi
  • We are going to develop Smart Cities & mega industrial corridors: PM Modi
  • I take this opportunity for inviting more and more German companies to India: PM Modi
  • Indo-German partnership should flourish, I expect very good outcome from this coming together: PM Modi
  • Let’s work together with mutual interest and for welfare of people of the two great countries: PM Modi

The PM earlier arrived in Hannover to inaugurate the India Pavilion here. According to reports, Prime Minister Modi and German Chancellor Angela Merkel jointly inaugurated the India Pavilion at the Hannover Messe, the world’s biggest industrial fair, in which India is the partner country this year.

Come to India, increase your partnership with India and make use of this opportunity India offers to scale new heights of success,” Modi said during his inaugural speech adding, “India has the power to become a manufacturing hub.

“The entire world is looking at India. Demography, democracy and, demand are drawing the world to India. India is a partner nation and I thank Germany for making India a partner nation,” he added.

According to reports, PM is also expected to take a tour of the city’s railway station for inspiration for his efforts to modernize India’s massive railway network. He is also expected to pay a visit to Siemens Technical Academy.

PM Modi’s proposed meeting with Surya comes in the wake of revelation that former prime minister Jawahar Lal Nehru spied on Bose’s family for 20 years between 1948 and 1968. India had three Congress prime ministers during these 20 years – Jawaharlal Nehru, Lal Bahadur Shastri and Indira Gandhi.

Surya Bose, also the president of the Indo-German Association in Hamburg, which was founded by his great uncle, has been invited by the Indian embassy to attend a reception in Berlin during Modi’s visit. The reception will be organised by the Indian embassy in Berlin’s Hotel Adlon this evening.

In the final leg of his trip, PM Modi will travel to three Canadian cities – Ottawa, Toronto and Vancouver – in the first bilateral visit by an Indian prime minister in 42 years. PM Modi is expected to hold talks with Canadian Prime Minister Stephen Harper and address the Indian diaspora at Toronto’s Ricoh Coliseum on April 15.

The next day, PM Modi flies to Vancouver, where he will visit a Hindu temple and a Sikh gurudwara before returning to India.

 

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