इंडियन आवाज़     05 Dec 2023 10:20:35      انڈین آواز

Indian and Chinese companies sign 26 agreements to invest $22 bn in India


In positive development Indian and Chinese partners today signed 21 agreements in Shanghai in the presence of Prime Minister Narendra Modi, while five others agreements were finalised separately. Through these agreements Chinese companies have committed an investment of 22 billion US Dollars in India.

The prominent sectors in which these agreements were signed include energy, infrastructure, IT, manufacturing, industrial park and project financing.

Addressing the inaugural session of the India China Business forum, Mr. Modi made a strong pitch for the ‘Make in India’ initiative. He said, the economic environment in India is changing and the government has taken several initiatives for promoting ease of business. He even promised personal attention to the Chinese businessmen.

Prime Minister said, “I am here to assure you that India’s economic environment has changed. Our regulatory regime is much more transparent, responsive and stable. We are taking a long-term and futuristic view on the issues. Lot of efforts have been made and are still underway to improve the ‘Ease of Doing Business’. We do believe that FDI is important and it will not come in the country without a globally competitive business environment.

Therefore, we have rationalized a number of issues which were bothering the investors. I would conclude by saying that now India is ready for business. You must be sensing the winds of change in India. I only advise to you to come and feel the same. I assure you of my personal attention for your success.”

Prime Minister Narendra Modi also inaugurated a Centre for Gandhian and Indian Studies at Fudan University in Shanghai today. Addressing students and faculty members on the occasion, Mr Modi said Gandhian principles have become even more relevant today as these can provide answers to the two biggest problems the world faces today – terrorism and global warming.

Prime Minster said that the Gandhian centre would become an important link to bring the two countries closer.

Leave a Reply

Your email address will not be published.


Govt launches National Best Tourism Village Competition & Best Rural Homestay Competition 2024

AMN / WEB DESK Union Tourism Ministry has launched National Best Tourism Village Competition and the Nation ...

Thailand announces visa-free entry for Indian citizens

Thailand is scrapping visas for scores of Indian tourists in order to rekindle the fire in its tourism sector. ...

World Tourism Day 2023: Govt Launches ‘Travel for LiFE’ Campaign

By Vinit Wahi On the occasion of World Tourism Day 2023 today, the Ministry of Tourism (Northern Region) u ...


International forum on ‘Role of Media in Inciting Hatred and Violence’ begins in Jeddah

JEDDAH The Secretary-General of the Muslim World League Sheikh Mohammed bin Abdulkarim Al-Issa on Sunday hi ...

Journalists felicitated on National Press Day at Press Club of India

Journalists will have to fight together against attacks on press freedom: Siddharth Varadarajan Staff R ...


India and US to launch joint microwave remote sensing satellite (NISAR) for Earth observation

India and the US will launch the joint microwave remote sensing satellite for Earth observation in the coming ...

Vikram Sarabhai Space Research Center plays crucial role in field of space: Jitendra Singh

AMN / WEB DESK Union Minister of State Jitendra Singh said that Vikram Sarabhai Space Research Center( VSSC ...

@Powered By: Logicsart