Finance Minister Arun Jaitley has urged Turkish industry leaders to invest in India assuring of a rational tax regime and easier environment for doing business. In an interactive session with Turkish business leaders on the sidelines of the G20 Meeting of finance ministers and central bank governors in Ankara, he said India is in the process of rationalising its tax structures, both direct and indirect taxes. Mr Jaitley said there are a very large number of natural resources in the country and the government has expedited clearances and more and more laws are being liberalised. Inviting Turkish investors into areas like smart cities, textiles, food processing and renewable energy, the Finance Minister said the infrastructure sector, including the recently announced 98 smart cities, offer significant opportunities for companies from Turkey. Later in an interview to PTI on the sidelines of the G20 meeting, the Finance Minister asserted that India is on a sound footing as manufacturing, infrastructure and services sectors have begun picking up. He said the government is focused on strengthening the real economy rather than being swayed by the market volatility. Mr Jaitley said the economy has now opened up in a big manner and more sectors are open for international investments. In his intervention at the G20 meeting yesterday, Mr Jaitley strongly pitched for global safety nets to address concerns over volatility in currency and stock markets. The demand came against the backdrop of the economic shocks triggered by the Chinese devaluation of yuan.