Prime Minister Narendra Modi called upon business community in UK to take part in India's development and also be an active agent for improving life of ordinary citizens. Addressing a business meeting at Guild Hall in London, Mr Modi emphasised that India is most open country for Foreign Investment and said that India has also taken several steps to rationalise financial system including tax system. Referring India's growth rate as 7.5 percent in current fiscal year, Prime Minister said no other major economy has made this improvement. During first day of his visit, Prime Minister expressed desire to make India a manufacturing hub and called upon investors to take part in manufacturing activities in the country. During his deliberations, Prime Minister referred India's commitment and aggressiveness to achieve the goal in faster and effective manner. He also offered immense opportunities for British companies to invest in India in various field including setting up 100 smart cities, modernisation of railway network, IT and power sector.Earlier British Prime Minister David Cameron reiterated that India's investment in UK is more than the European Union. British PM expressed his countries willingness in India's ambitious plans like Digital India and said that Britain is a technological capital of Europe and could provide professional expertise in these areas.
News On AIR | November 13, 2015 8:59 AM
PM Narendra Modi calls upon business community in UK to take part in India's development