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FM highlights the investment opportunity that is India

Written by: Staff
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Hyderabad, May 4 (UNI) Saying India would be in the league of developed nations in not too distant a future, Finance Minister P Chidambaram today appealed to the international investor community not to miss the opportunity of reaping a bountiful harvest of the opportunities that are unfolding.

''It has taken India 14 years to evolve from a poor and perhaps forgotten country to a thriving and increasingly noticed emerging economy. I am confident that it would take us much shorter than 14 years to join the league of developed nations,'' Mr Chidambaram said speaking at the Opening session of 'India Advantage', a part of the 39th Annual ADM meet. The Finance Ministry and India Brand Equity Foundation were the organisers of the event and as a mark of respect to the host country, May 4 was christened as India Day.

The session was also addressed by ADB President H Kurodo who reiterated the Bank's commitment to support India's development efforts.

''India is now among the fastest growing economies in the world and that gives us great satisfaction and also places greater responsibility on the government of the day. What makes our development story different is the fact that our reforms are embedded in a strong democratic polity, are equitable and inclusive,'' Mr Chidambaram said.

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