Germany's Growing Investment in India's Future
Prime Minister Narendra Modi extends an invitation to German businesses to invest in India, emphasizing the country's readiness for foreign investments and highlighting opportunities within the growth story. Germany's decision to increase visas for skilled Indian workers from 20,000 to 90,000 further reflects this confidence.
- Country:
- India
In a compelling call to action, Prime Minister Narendra Modi welcomed German businesses to invest in India, portraying the country as the prime choice for investors. He underlined that now is an optimal timeframe to partake in India's thriving growth narrative.
Speaking at the 18th Asia-Pacific Conference of German Business 2024, Modi reiterated the timeliness for foreign investments, advocating for participation in the 'make in India' campaign as well as producing goods for global markets.
Moreover, Modi highlighted Germany's confidence in India's skilled workforce by increasing visas from 20,000 to 90,000, showcasing India's growing importance as a manufacturing hub, bolstered by infrastructure investments in roads and ports and its pivotal role in the Indo-Pacific region.
(With inputs from agencies.)
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