India on a fast growth track under PM Modi: Suzuki Motors chairman

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India on fast growth track under Modi
Tokyo, Oct 19: Chairman and chief executive officer of Suzuki Motors Osamu Suzuki on Saturday said India is on a fast track of growth under the leadership of Narendra Modi, who took over as the prime minister in May this year.

Suzuki, 84, while speaking to a five-member multi-party delegation of Indian parliamentarians at the Suzuki Motors headquarters at Hamamatsu, said Modi instilled fresh confidence in Indian economy and the country was on a fast track of development under him.

Suzuki also said that the Japanese companies are excited about investing in India after the recent meeting between Modi and his Japanese counterpart Shinzo Abe in Japan. Abe agreed to help Modi's skill development mission by setting up a centre in Gujarat to equip the Indian youth with technological skills.

"India is young, and Modi enjoys absolute majority. That makes a lot of difference," ANI quoted Suzuki as telling the Indian parliamentarians.

Suzuki said he had earlier thought that India might surpass China in terms of economic growth by 2050 but after Modi's taking offence, he felt that it could happen much earlier.

Tarun Vijay, a senior BJP leader and leader of the parliamentary delegation, said although the team featured parliamentarians from various political parties, but they all shared the same vision to see India's growth at a faster speed.

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