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PM's 'Make in India' Pitch as Chanc |
PM's 'Make in India' Pitch as Chancellor Angela Merkel Visits Bengaluru: 10 Developments
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INDIA
, 6-October-2015
4:50:25 AM |
Making a strong 'Make in India' pitch, Prime Minister Narendra Modi today called for greater collaboration with Germany at an event attended by Chancellor Angela Merkel in Bengaluru. "At a time of global slowdown, India represents a bright spot for investments," PM Modi said
1Speaking at the Indo-German Summit organised by leading IT lobby group Nasscom, PM Modi said that his government had "worked for 15 months to make India an easy place to do business." "We have taken very decisive steps to remove a number of long-pending concerns of investors," the PM said.
2Promoting his ambitious 'Digital India' campaign, the PM said, "It is the software of India that will move the hardware of the world."
3Warming up to the theme, Chancellor Merkel said, "German engineering and India's IT expertise are fused here in Bengaluru."
4The two leaders had earlier visited the Bengaluru plant of German automotive major Bosch, where they interacted with its executives on innovation and research to help the government promote 'Make in India' and 'Digital India'.
5Prime Minister Modi reached Bengaluru early this morning. Ms Merkel flew into the city on Monday night from New Delhi, where she had held talks with PM Modi. She is on a three-day visit to India.
6After three-hour-long talks and signing 18 deals, PM Modi had, on Monday, said, "We see Germany as a natural partner in achieving our vision of India's economic transformation. German strengths and India's priorities are aligned."
7The two countries signed deals worth $2.25 billion (around Rs. 14,600 crore) on German investment in developing India's clean energy corridors and solar energy industry, ahead of the crucial UN climate change talks to be held in Paris in December.
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