PM Modi attends Working Dinner hosted by German Chancellor Angela Merkel

Prime Minister Narendra Modi on Sunday night attended a Working Dinner hosted by Chancellor Angela Merkel in honour of the PM and his delegation.

PM Modi attends Working Dinner hosted by German Chancellor Angela Merkel

Hannover: Prime Minister Narendra Modi on Sunday night attended a Working Dinner hosted by Chancellor Angela Merkel in honour of the PM and his delegation.

According to reports, around 120 top executives from India as well as several representatives of Germany’s business and industry have joined the two leaders for the dinner.

Earlier in the day, PM Modi met top German business leaders in Hannover and told them about steps being taken by his government to ensure the ease of doing business in India.

The Prime Minister outlined the steps at a roundtable where the business leaders shared their views on how to improve the ease of doing business in the country.

PM 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.

As many as 15 CEOs attended the roundtable followed by one-on-one meetings with PM Modi.

Germany is the eighth largest foreign investor in India. Its foreign direct investments in India during January-November 2014 was valued at around $995.7 million.

More than 1,600 Indo-German collaborations and around 600 Indo-German joint ventures are currently in operation.

Yesterday, in France, PM Modi projected India as a land of “immense opportunities” and invited investments and technology from across the globe.

PM Modi said he wants countries to compete among themselves in terms of doing business in India, contending that it will be beneficial for not only India but the entire world.

(With Agency inputs)

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