Hanover: Promising a stable business environment, Prime Minister Narendra Modi on Sunday wooed German investors saying opportunities in India are “seamless” and huge for a vibrant economic partnership.
Inaugurating the Hanover Messe, a business fair, with German Chancellor Angela Merkel, the Prime Minister said India is working on a “predictable and transparent” environment to open up investments.
“We are creating an environment that is stable, where rules will not be changed frequently and there will be no surprise elements,” he said.
Strongly pitching for his “Make in India” campaign, he said it was not a “slogan or a brand, but a new national movement”.
Mr Modi met top German business leaders and told them about steps being taken by his government to ensure the ease of doing business in India.
The PM outlined steps at a roundtable where the business leaders shared their views on how to improve the ease of doing business in the country.
Mr Modi, who reached this northern German city from Paris, held the roundtable meet with CEOs from leading German companies like Daimler, Bombardier, Voith and Metro AG, on the first day of his three-day visit to Germany.
The Prime Minister told them he had taken steps to ensure doing business and has identified around 80-90 issues in this regard, sources said. He said he was personally monitoring implementation of these steps.
Speaking at another function, Mr Modi said India presents vast opportunities as it was modernising and developing.
He particularly referred to opportunities in areas of manufacturing, infrastructure development, Ganges cleaning and solid waste management.
“Business is 1st in order of priority PM @narendramodi assisted by @CimGOI engages with German business leaders,” tweeted external affairs spokesperson Syed Akbaruddin. “Movers & shakers of German economy/industry meet with PM,” Akbaruddin tweeted.
