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Vajpayee invites German investment in infrastructure sector
Munich, May 29: Giving a significant economic thrust to his two-day official visit here, Prime Minister Atal Bihari Vajpayee today asked German investors to take a slice of the big Indian market by investing in the ongoing highway project, ports and the proposed scheme of countrywide linking of rivers.
Munich, May 29: Giving a significant economic thrust to his two-day official visit here, Prime Minister Atal Bihari Vajpayee today asked German investors to take a slice of the big Indian market by investing in the ongoing highway project, ports and the proposed scheme of countrywide linking of rivers.
Addressing a business summit in this city, the hub of
German industry, he also had a word of caution that economic
reforms in India cannot be pushed as a "shock therapy" but
only through the "tonic of compromise and consensus" which
supports a more equitable growth.
In his keynote address to a gathering of representatives of some of the top German companies and a high-level delegation of CII and Ficci, Vajpayee said the complementaries between India and Germany open up a vast range of possibilities for economic, scientific and technological cooperation.
"A fuller awareness of the mutual advantage of collaboration can play a crucial role in transforming our relations into a vibrant strategic partnership. This is the challenge for the business communities of our two countries," he said. Bureau Report
In his keynote address to a gathering of representatives of some of the top German companies and a high-level delegation of CII and Ficci, Vajpayee said the complementaries between India and Germany open up a vast range of possibilities for economic, scientific and technological cooperation.
"A fuller awareness of the mutual advantage of collaboration can play a crucial role in transforming our relations into a vibrant strategic partnership. This is the challenge for the business communities of our two countries," he said. Bureau Report