Modi invites Spanish industry to invest in India

IANS  |  Madrid 

In a bid to boost India-business and investment ties, Prime Minister Modi interacted with CEOs of leading Spanish companies here on Wednesday, inviting them to invest in and benefit from the immense potential that awaits them in the country.

"Met top CEOs of the Spanish industry and urged them to explore the economic opportunities in India," Modi tweeted.

He told the CEOs of the reforms being undertaken such as GST, and said that initiatives like Make in India, and Start up are attracting much foreign interest.

"PM @narendramodi interacts with CEOs of leading Spanish companies with global footprint," External Affairs Ministry spokesperson Gopal Baglay tweeted.

"He invited them to look anew at a new emerging with government's push for economic growth," he said in another tweet.

There are around 200 Spanish companies in and they are keen to invest and expand their presence in

Earlier on Wednesday, addressing the media ahead of holding talks with his Spanish counterpart Mariano Rajoy, Modi said has made rapid strides in its economy while his government's top priority too was India's economic growth and development.

He said can offer its expertise to India's development priorities like railways, smart cities and infrastructure.

Economic partnership is an important pillar of India's engagement with and Spanish companies have a reputation in fields like renewable energy, high speed rail, infrastructure, tunnelling, technology solution including civil aviation, air space management and waste water management.

Modi arrived here from Germany on Tuesday on the second leg of his six-day, four-nation tour of Europe that will also take him to Russia and France.

This is the first visit by an Indian Prime Minister to in nearly 30 years since Rajiv Gandhi paid a trip in 1988.

--IANS

ab-bc//vd

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Modi invites Spanish industry to invest in India

In a bid to boost India-Spain business and investment ties, Prime Minister Narendra Modi interacted with CEOs of leading Spanish companies here on Wednesday, inviting them to invest in India and benefit from the immense potential that awaits them in the country.

In a bid to boost India-business and investment ties, Prime Minister Modi interacted with CEOs of leading Spanish companies here on Wednesday, inviting them to invest in and benefit from the immense potential that awaits them in the country.

"Met top CEOs of the Spanish industry and urged them to explore the economic opportunities in India," Modi tweeted.

He told the CEOs of the reforms being undertaken such as GST, and said that initiatives like Make in India, and Start up are attracting much foreign interest.

"PM @narendramodi interacts with CEOs of leading Spanish companies with global footprint," External Affairs Ministry spokesperson Gopal Baglay tweeted.

"He invited them to look anew at a new emerging with government's push for economic growth," he said in another tweet.

There are around 200 Spanish companies in and they are keen to invest and expand their presence in

Earlier on Wednesday, addressing the media ahead of holding talks with his Spanish counterpart Mariano Rajoy, Modi said has made rapid strides in its economy while his government's top priority too was India's economic growth and development.

He said can offer its expertise to India's development priorities like railways, smart cities and infrastructure.

Economic partnership is an important pillar of India's engagement with and Spanish companies have a reputation in fields like renewable energy, high speed rail, infrastructure, tunnelling, technology solution including civil aviation, air space management and waste water management.

Modi arrived here from Germany on Tuesday on the second leg of his six-day, four-nation tour of Europe that will also take him to Russia and France.

This is the first visit by an Indian Prime Minister to in nearly 30 years since Rajiv Gandhi paid a trip in 1988.

--IANS

ab-bc//vd

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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