Tokyo, Nov 11 Prime Minister Narendra Modi today invited Japanese investments, saying India has a huge and substantial need for finances and his government was pursuing reform policies to make the country the world's "most open" economy.
Addressing business leaders at the India-Japan Business Leaders' Forum, he mentioned progress on GST and talked about other reforms in policies and rules to make investments and doing business easier in India.
He said his government was committed to further reform policies to boost 'Make in India' and for creating conducive business environment through stable and transparent regulatory mechanisms.
"India is pursuing a new direction of economic reforms... My resolve is to make it the most open economy in the world," he said.
PM @narendramodi stresses on 'Make in India', Innovation & technology transfer. This is meant to leverage the vast manpower India possesses.— Vikas Swarup (@MEAIndia) November 11, 2016
Noting that India's development needs are "huge and substantial", he said there are unprecedented opportunities for Japanese companies in the country.
PM:India's prowess in software is complemented by Japan's strength in hardware. Want 2 assure you that we will provide a level playing field pic.twitter.com/JbVl88HXPc— Vikas Swarup (@MEAIndia) November 11, 2016
"We seek rapid achievement of our developmental priorities, but in an environment-friendly manner."
PM concludes by inviting Japanese technology & experience to India - a land of prospects & opportunity, and assured market & human resources pic.twitter.com/Ib7Ow1iv6e— Vikas Swarup (@MEAIndia) November 11, 2016
"India's prowess in software is complemented by Japan's strength in hardware. Want to assure you that we will provide a level-playing field," he told business leaders.
(With agency inputs)