AMN /
Promising a rational tax regime and easier business environment, Finance Minister Arun Jaitley called upon Turkish industry leaders to invest in smart city projects, textiles, food processing and renewable energy business in India.
He said, the government has made significant progress in improving ease of doing business in India and a lot more is being done in this regard. Mr Jaitley was addressing an interactive session on the sidelines of the G20 Meeting of Finance Ministers and Central Bank Governors in Ankara yesterday.
Committing himself to rationalising the taxation regime, both in terms of direct and indirect taxes, he said a number of initiatives that offer significant investment opportunities have been announced for global investors including from Turkey.
Mr Jaitley said the infrastructure space, including the recently announced 98 smart cities, offer significant opportunities for companies from Turkey, which has got a large number of entities engaged in this business.