President Pranab Mukherjee invites Norwegian cos to 'Make in India'
Updated: Oct 14, 2014 04:23:08pm
Oslo, Oct 14 (KNN) President Pranab Mukherjee has extended invitations to investors and entrepreneurs of Norwegian companies to join their Indian counterparts in "Make in India" initiative of the new government and explore possibilities of investment.
“There are many areas where Government of India would like to see more development and inclusive growth. The new Government is taking a number of measures to encourage investments, revive the manufacturing sector in India, promote skill development, develop smart cities and engage closely with all interested partners and investors in India and abroad to make this happen,” said Mukherjee at the State Banquet hosted by the King of Norway, King Harald V.
Stating that the trade between India and Norway has been expanding, he said that it is clear that there is significant potential waiting to be realised.
“Government of India invites investors and entrepreneurs from Norway to explore possibilities of investment in India’s infrastructure sector. We welcome foreign direct investments in our railways, roads and ports, power and communications sectors; we invite Norwegian companies to join Indian counterparts in the "Make in India” initiative of the new Government and we are presently simplifying the procedures to facilitate their participation in India’s growth story,” said the President.
He welcomed the ‘India Strategy’ launched in 2009 by Norway and said that he is looking forward to new partnerships and collaborations in areas of common interest of the two sides.
He was optimistic about the bilateral agreements signed between the two sides and said it will lead to further fruitful engagement in the many fields where India and Norway have obvious complementarities.
Enlisting the areas in which the country and Norway have a rewarding trade partnership including oil exploration and scientific research, Mukherjee said both the countries are keen to expand the scope of their collaborative efforts in earth sciences, bio-technology, clean energy, fishing and health care.
"I am confident that the bilateral agreements that we have signed will lead to further fruitful engagement in the many fields where India and Norway have obvious complementarities," he said.
The President also extended an invitation to the King of Norway to visit India saying it’s been around three decades since the Norwegian head visited the country and it has progressed and evolved in many ways since then.
"You have visited India about three decades ago. India has progressed and evolved in many ways since then. I invite you to visit India at a time of your convenience. It would be an honour and privilege to receive you in New Delhi," Mukherjee said.
Welcoming the president, King Harald V said that Norway had noted with great interest ambitions of the newly-elected government of Prime Minister Narendra Modi including his agenda of rapid economic and social transformation and his invitation to foreign investors to engage in commercial cooperation.
"Norway stands ready to further expand our partnership, turning the differences between us into assets. We can offer you technology and know-how, as well as resources and investments that will help to advance your development in the years to come," the Norwegian king said at the banquet.
He said Norwegian companies are increasingly investing, trading, and producing in India, as well as outsourcing services to the country.
"Our cooperation in the field of research and innovation is developing rapidly. We would also like to see more Norwegian students enrol at your excellent higher education institutions," he said.
The Norwegian king said the 21st century has been dubbed "the Asian century. India will have a great stake in its development. The choices you make will have a real bearing on the rest of the world". (KNN/SD)
“There are many areas where Government of India would like to see more development and inclusive growth. The new Government is taking a number of measures to encourage investments, revive the manufacturing sector in India, promote skill development, develop smart cities and engage closely with all interested partners and investors in India and abroad to make this happen,” said Mukherjee at the State Banquet hosted by the King of Norway, King Harald V.
Stating that the trade between India and Norway has been expanding, he said that it is clear that there is significant potential waiting to be realised.
“Government of India invites investors and entrepreneurs from Norway to explore possibilities of investment in India’s infrastructure sector. We welcome foreign direct investments in our railways, roads and ports, power and communications sectors; we invite Norwegian companies to join Indian counterparts in the "Make in India” initiative of the new Government and we are presently simplifying the procedures to facilitate their participation in India’s growth story,” said the President.
He welcomed the ‘India Strategy’ launched in 2009 by Norway and said that he is looking forward to new partnerships and collaborations in areas of common interest of the two sides.
He was optimistic about the bilateral agreements signed between the two sides and said it will lead to further fruitful engagement in the many fields where India and Norway have obvious complementarities.
Enlisting the areas in which the country and Norway have a rewarding trade partnership including oil exploration and scientific research, Mukherjee said both the countries are keen to expand the scope of their collaborative efforts in earth sciences, bio-technology, clean energy, fishing and health care.
"I am confident that the bilateral agreements that we have signed will lead to further fruitful engagement in the many fields where India and Norway have obvious complementarities," he said.
The President also extended an invitation to the King of Norway to visit India saying it’s been around three decades since the Norwegian head visited the country and it has progressed and evolved in many ways since then.
"You have visited India about three decades ago. India has progressed and evolved in many ways since then. I invite you to visit India at a time of your convenience. It would be an honour and privilege to receive you in New Delhi," Mukherjee said.
Welcoming the president, King Harald V said that Norway had noted with great interest ambitions of the newly-elected government of Prime Minister Narendra Modi including his agenda of rapid economic and social transformation and his invitation to foreign investors to engage in commercial cooperation.
"Norway stands ready to further expand our partnership, turning the differences between us into assets. We can offer you technology and know-how, as well as resources and investments that will help to advance your development in the years to come," the Norwegian king said at the banquet.
He said Norwegian companies are increasingly investing, trading, and producing in India, as well as outsourcing services to the country.
"Our cooperation in the field of research and innovation is developing rapidly. We would also like to see more Norwegian students enrol at your excellent higher education institutions," he said.
The Norwegian king said the 21st century has been dubbed "the Asian century. India will have a great stake in its development. The choices you make will have a real bearing on the rest of the world". (KNN/SD)
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