Want to make India a global manufacturing hub, says Narendra Modi at CEO summit in Moscow

Published Dec 25, 2015, 2:32 am IST
Updated Mar 26, 2019, 2:58 pm IST
'I welcome Russia to be a part of India’s growth story,' the Prime Minister said.
Narendra Modi with Russian President Vladimir Putin (Photo: Twitter)
 Narendra Modi with Russian President Vladimir Putin (Photo: Twitter)

Moscow: Prime Minister Narendra Modi on Thursday said he was certain that the India-Russia summit would give a new impetus to the bilateral ties, giving new energy and strength to mutual trust. Addressing business leaders, he said that the business environment in India has changed and the ease of doing business has grown.

"We want to make India a "global manufacturing hub," Narendra Modi said at CEO Summit in Moscow. "I welcome Russia to become a part of India's growth story. We have started a Make in India campaign," he added. 



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The official website of the Russian President quoted Prime Minister Modi saying: "India and Russia have a long history of cultural relations. And now we have a strong and reliable friend on the political and international arena - Russia. Russia has always been with us in hard times. We have a strategic partnership, a true strategic partnership."


Expressing his gratitude to President Putin for the warm welcome to the entire Indian delegation, the Prime Minister said: "Since you came to power as President and Mr Vajpayee became Prime Minister of India (Atal Bihari Vajpayee, Indian Prime Minister between 1998 and 2002), the tradition of annual summits was born. These annual summits have raised Indian-Russian relations to a new level.

Our meetings give us the opportunity to quickly develop our relations and make decisions fast. I had the privilege and the opportunity to welcome you in India last year, when you visited us. I remember we made important decisions then.


"Despite the various global problems, despite the confrontation against Russia, you have raised your country, your state to a qualitatively new level. Russia proudly moves along its own development path and I commend you personal leadership in this process.

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Meanwhile, expressing his condolences in connection with the recent developments in Egypt and Turkey, when a Russian pilot and innocent Russian citizens died, Prime Minister Modi said, "This was a great tragedy and the entire people of India were with Russia during these difficult moments."


Earlier welcoming the Prime Minister and the Indian delegation, President Putin said, "It is a pleasure to note that we are consistently and confidently developing the privileged strategic partnership between Russia and India."

"Our relations are developing in all areas: this applies to political matters and the coordination of our efforts on the international arena; it also applies to the economy and humanitarian cooperation. We are developing parliamentary ties and our Intergovernmental Commission is working actively," said President Putin.

Stating that there are matters that require our special attention, particularly in the current complicated economic situation, the President said: "I would like to note here the timeliness of your visit, even though it was planned, but it is very timely in the sense that it gives us a chance to compare notes on the main directions of our joint efforts."